The market for the Capes is a bit subdued with just a few trans-Atlantic coal cargoes coming out of Colombia … Continue reading
Kathrin MdG
The firm market holds on during the last days before Christmas holidays will start in Europe as it was expected … Continue reading
During the first ten months of the year around 3.5Mt of hot rolled coil (HRC) has been imported to Turkey … Continue reading
Spot freight rates for the Capesizes remain depressed and the amount of fresh shipments is rather limited. The trans-Atlantic rounds … Continue reading
May be at long last that market conditions for the first quarter of the new year will hardly differ from … Continue reading
It is the third month in a row now with the northern markets gaining momentum and tonnage for loading on … Continue reading
Some fresh business for the Capesizes shows up and iron ore voyages out of West Australia are rated again above … Continue reading
The chartering market is looking still very promising. Even in the East demand for tonnage is intensifying. Off the Continent … Continue reading
On the Handy sector tonnage open on the North Continent remains very tight and rate firm. A 37,000 dwt fixed … Continue reading
The Panamax sector continues to see a divergence between Pacific and Atlantic. The Pacific is witnessing an improved tonnage profile … Continue reading
The Panamax market is currently also on a downward trend. Although the tonnage supply in the Atlantic has been quite … Continue reading
The chartering market is taking a breather. Hopefully it is not the end of the upward rally, although several sources … Continue reading
With the summer holiday season in full bloom market participants discussing the situation with BMTI are running out of words … Continue reading
The Handy sector in the Atlantic is seeing better numbers overall. Midweek saw a 35,000 dwt fixing out of the … Continue reading
Capes has seen rates falter in both the Atlantic and Pacific basins. The tonnage situation still remains relatively tight in … Continue reading
Having been pretty excited about the markets general performance, signs of a drawback are emerging. From ECSA grainhouses in all … Continue reading
The situation in Black Sea/Azov Sea hasn’t changed in favour of the owners during the last days. Spot freight rates … Continue reading
Spot and forward rates for the Capesizes continue to fall on the negative news surrounding the coronavirus outbreak. Tonnage is … Continue reading
The chartering market seems to be in gradual decline, whilst numbers are still satisfactory for the owners to cash in. … Continue reading
The market for the Capes has turned down with new business hardly seen in any basin. A drop in spot … Continue reading
A quirky Kamsarmax market in the Atlantic has given some impetus to higher rate levels. Baltic rounds are hovering around … Continue reading
The market situation in the Black Sea and the Azov Sea has seen little changes for the coasters during the … Continue reading
China-connected trade seems to be having a modest turnaround on Capesize business, though it is still not quite clear as … Continue reading
On 3 February 1637, at a Dutch auction, not enough buyers of tulip bulbs were found and the tulip bubble … Continue reading
Despite anticipating a correction after the run-up of mid-summer, Azov owners say they were nonetheless caught off guard by the … Continue reading
Following last week’s description of shipping finance in eighteenth century Greece: Shares versus Loans The loan carried a yearly interest … Continue reading
As almost anticipated the Capesizes have turned negative, with the TCA down by 885 to 32,078. All routes declined with … Continue reading
Although centuries of merchant shipping have passed, the kind of financing of ships in general has been the same throughout … Continue reading
In the Atlantic there is ample reason for the owners to celebrate and enjoy playing around with charterers. Now the … Continue reading
Coaster freight rates are picking up as “grain market for river tonnage is very hot”, a broker working in the … Continue reading
