Capesize After a week of bounce momentum the market appears to have stalled out once again. The Capesize 5TC has more than doubled since last Friday and is now pricing at $4140 on the back of owners baulking at recent unreasonable lows. Atlantic routes…
Dry Bulk Market: Capesizes Stalled After a Strong Start to the Week Read More »
Today’s market circumstances, amid the mayhem that COVID-19 continues to exert on the global supply chain, seafarers can easily be seen as “collateral damage”, needing all the support they can get. In its latest weekly report, shipbroker Intermodal sai…
Seafarers Need All the Support They Can Get Read More »
The question that comes up more and more is when will we get a turnaround in the markets? This, of course, is the question on the lips of everyone from big fund traders all the way to small IG Index punters. At face value, it seems that for many market…
The Only Way Is Up Read More »
Friday evening, 10:30 pm May, 2020. All shops and offices are closed. Most are at home, relaxing with a glass of wine, or doing something amusing. Not him though. His fifth-floor office lights are still on and he is on the phone negotiating a vessel fi…
A Tribute To Shipbrokers Read More »
In an attempt to find some positive news in the market, it seems that Brazil can offer some respite. In a recent note, shipbroker Banchero Costa said that “Brazil soybean exports have been surging this year, thanks to a combination of strong demand fro…
Brazil soybean exports A Silver Lining in the Market Read More »