The dry bulk market’s upwwards momentum seems to be a thing of the past, as market observers brace themselves for a couple of rough months ahead. According to Mr. Thomas Chasapis, Research Analyst with Allied Shipbroking “having closed of the first mon…
Positive Momentum Evaporates from the Dry Bulk Market Read More »
In its latest weekly report, shipbroker Intermodal said that “following the COVID19 pandemic we’re at last facing some solid improvement on oil market fundamentals. Since Jan 2021, crude oil prices slowly started to climb the ladder lagging the rally i…
Tankers: Oil Market Fundamentals Finally Turning For The Better Read More »
A potential rise in the utilization of the huge Vaca Muerta field in Argentina could bring significant gains in the Aframax and Suezmax tanker market. In its latest weekly report, shipbroker Gibson said that “an often-overlooked part of the global shal…
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 »