Capesize This week began on a positive note in the Pacific market, with all three major players actively participating and securing vessels at more favourable rates. However, the momentum quickly dissipated and the market experienced a decline in rates…
Dry Bulk Market: Capesize Market on the Decline for Yet Another Week Read More »
Despite the positive long term fundamentals, as a result of the dry bulk fleet’s record low orderbook, in the short-term, the market seems to be under pressure. In its latest weekly report, shipbroker Xclusiv said that “the first week of July has come …
Dry Bulk Market Under Pressure Read More »
Capesize As the week commenced in the Pacific, it became apparent that there was a notable level of enquiry, defying the usual subdued nature of Mondays. The majors from West Australia to China have been present in the market throughout the week. Howev…
Dry Bulk Market: Capesize Market Improved Last Week Read More »
The dry bulk market’s main themes are revolving around China’s emergence as a major coal importer and Ukraine’s grain exports. In its latest weekly report, shipbroker xClusiv said that “days go by and there is still no light at the end of the tunnel fo…
Dry Bulk Market Trends: China’s Coal Imports and Ukraine’s Grain Exports The Main Themes Read More »
China’s seaborne coal imports have grown by 97.3% during the first five months of 2023, marking a significant shift in cargo flows and demand for dry bulk carriers. In its latest weekly report, shipbroker Intermodal said that “anticipation are high tha…
Dry Bulk Market: China’s Coal Imports A Major Factor in the Market Read More »