Tensions aside, China remains Australia’s biggest market for iron ore, accounting for almost 80% of its exports in 2021. In a recent weekly report, shipbroker Banchero Costa noted that “2021 was still a reasonably positive year for global iron ore trad…
Australia Remains a Key Exporter of Iron Ore to China Read More »
The end of China’s New Year Celebrations is bound to bring with it a restocking process, which could help the dry bulk market move forward and recover part of the lost ground of the past few months. In its latest weekly report, shipbroker Intermodal sa…
Dry Bulk Market Edging Forward Read More »
Ship owners have been rather active in the S&P market, especially when it comes to bulk carriers. In its latest weekly report, shipbroker Allied noted that “on the dry bulk side, the SnP market returned back to a strong pace as of the past week, gi…
Demand for Dry Bulkers Remains Strong Read More »
The current market sentiment is pointing towards more ship recycling activity moving forward. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “the firming rates being witnessed in the recycling market is starting to gain a…
Ship Owners More Willing to Sell Their Vintage Tonnage Read More »
Wars and other geopolitical factors aside, the dry bulk market’s seasonality, is taking its toll in the freight market. However, it seems that from the second quarter of the year and onwards, a recovery could begin to take shape. In its recent weekly r…
Dry Bulk Market Could Be Heading Towards a Recovery Read More »