In the first week of December, both the Capesize and Panamax freight markets experienced a remarkable upswing, reaching their highest levels of the past year. The larger vessel categories experienced an unexpected turnaround in sentiment and recorded a…
More dry bulk carriers have been on the shipowners’ radar over the past week. In its latest weekly report, shipbroker Allied said that “on the dry side, we can report an order from Akmar for an Ultramax vessel with DACKS, bringing its total at the yard…
Newbuildings: More Orders for Dry Bulk Carriers Read More »
The dry bulk market has logged eight consecutive increases, prior to yesterday’s halt. In its latest weekly report, shipbroker Xclusiv commented that “everyone is watching the “crazy” rally in the dry market. On Friday 1st December 2023, Baltic Dry Ind…
Dry Bulk Market’s Rally is Making Headlines Read More »
Capesize This week has been exceptional for the capesize market, consistently gaining traction. The Pacific market kicked off the week with strong momentum, with all the major players from West Australia to China actively participating. The Atlantic wi…
Dry Bulk Market: Capesize Market on a Roll Read More »
The dry bulk market has risen to its highest level in 18 months, with many market delegates stating that China’s efforts to rejuvenate the country’s economy and more specifically its real estate sector, is providing an important boost to the dry bulk m…