Following their slowing momentum at the end of last week with a renewed bout of energy at the start of … Continue reading
Ben Perry
European steelmakers say they are concerned that the European Commission may soon suspend duties on certain steel products in the … Continue reading
Golden Ocean has announced its next steps in fleet renewal with an order for three 85,000 dwt Kamsarmaxes to be built … Continue reading
A typical Monday is marked by a lack of momentum, where dithering prevails. Attempts to cover ECSA stems by taking … Continue reading
Euro wheat crop predictions continue to be downgraded amid changing weather patterns. Wheat produced in France, Europe’s biggest producer, is … Continue reading
With rates breaking new records, it stands to reason that congestion levels would be at records as well. Indeed, some … Continue reading
Long-time stock market-lister Eagle Bulk Shipping [EGLE] is reporting a record profit for the second quarter of the year with … Continue reading
On a typical Monday when all players are positioning their “guns” for the battle ahead of the week, news has … Continue reading
After posting several consecutive days of improved freight levels in the final days of July, Capesize rates take yet another … Continue reading
Listed bulk carrier companies have seen share prices bounce back in recent days (thanks to a modest rebound in dry … Continue reading
After two years of preparation, the European Commission last week finally released its proposal for guiding shipping in the green … Continue reading
The low number of fixtures reported is self-explanatory. The deadlocked situation is the market’s latest variant. The charterers currently feel … Continue reading
Even if daily gains have arguably eased from their gigantic US$ 5,000 improvements of days past, the Capesize freights remain … Continue reading
Production forecasts were raised by the European Commission for common wheat output in the 27-member bloc of EU countries for … Continue reading
With holidays in many countries it has been a quiet start to the week. Nevertheless, mesmerizing news and events keep … Continue reading
Oslo-listed dry bulk operator 2020 Bulkers recently released their first quarter numbers, showing that the company has performed notably better … Continue reading
The Capesize roll is undeniable with long hauls and voyage rates alike moving from high to high as charterers prove … Continue reading
Many brokers are looking forward to a very likely mesmerizing new week. Expectations are running high, after the Atlantic market … Continue reading
The Easter holidays have dinged cargo demand in the North Sea and Baltic Sea trades, although not as seriously as … Continue reading
The last day of the first quarter of 2021 brings mixed tidings for the Capesizes with declines having continued to … Continue reading
Ultramax tonnage was taken for a NoPac round voyage at US$ 26,000 daily. Another one was concluded for 12 months … Continue reading
Sustained limitations in global availability continue to support potash prices around the world. One major producer was reportedly making plans … Continue reading
Bulker freights have entered another phase of revival, much to the approval of the ownership class, with the BDI nearing … Continue reading
Fundamentals continue to greatly favour owners of tonnage in the northern trades at the moment—indeed the European coaster market at … Continue reading
Quo vadis, market? To throttle the climbing speed to new heights in rate levels is badly needed! This said, grain … Continue reading
Breathing a collective sigh of relief, Capesize owners see their freights begin the week on a widely positive note (as … Continue reading
The chartering market has been quiet all over the place, which is also reflected in the number of fixtures reported. … Continue reading
With the week concluding on a pair of consecutive losses, it would appear that a freight reversal for the Capesizes … Continue reading
Export prices for Russian wheat keep rising ahead of the wheat export tax expected to coming into force on 15 … Continue reading
With mineral cargo congestion in the Pacific and a sudden lack of open tonnage across much of the Capesize market, … Continue reading
