Coal exports have staged a significant recovery so far in 2021, helping the dry bulk market’s rally, despite the recent correction. In its latest weekly report, shipbroker Banchero Costa said that “2020 proved to be a truly terrible year for global sea…
Dry Bulk Market: Seaborne Coal Trade Stages Recovery During 2021 Read More »
The dry bulk market’s rally has come to an abrupt end since reaching a 10-year high at the start of October, losing close to 45% since. In its latest weekly report, shipbroker Allied Shipbroking said that “the Capesize market has witnessed an excessive…
Dry Bulk Market: “Cracks” Are Starting to Show in the Capesize Segment Read More »
A steady rally in the dry bulk market this year hasn’t been translated to a similar case in terms of newbuiding ordering activity, although orders have certainly rebounded to healthier levels. In its latest weekly report, shipbroker Allied Shipbroking …
Ship Owners’ Wary of Oversupply “Killing off” the Dry Bulk Market’s Recovery Read More »
A lack of willingness to sell vintage tonnage has kept the demolition market in quite high levels, thus creating more financial impetus for more sales down the road, especially tankers. In its latest weekly report, shipbroker Clarkson Platou Hellas sai…
Demolition Rates Spike Yet Again, With Tankers Prime Candidates for More Scrapping Read More »
The dry bulk market has managed to capitalize from the global economy’s rebound. In part this is due to the demand growth, but also thanks to a moderate growth of supply, a trend expected to continue thanks to high newbuilding prices and shipbuilders’ …
Dry Bulk Market: Riding on the Global Economy’s Rebound Read More »