The holidays have continued to linger into 2020 with principals seemingly in no major rush to secure business as long … Continue reading
Ben Perry
The chartering market off the Continent has been pretty busy for the larger Supra-Ultramax tonnage. Front haul rates have been … Continue reading
[28 NOV 2019] Capital markets have not been overly enthusiastic about shipping in recent years, this past year being no … Continue reading
On the event of the 71st Eisbeinessen Dinner in Hamburg—the world’s largest gathering of shipbrokers and shipping people—BMTI is offering … Continue reading
Uncertainty looms in the European steel outlook, according to EU steel association EUROFER. A present “downslide” in the EU manufacturing … Continue reading
Bank lending to shipping concerns has fallen to its lowest level in at least twelve years, according to a new … Continue reading
Sentiment rules for the volatile Capesizes with the end of the week bringing an unexpected bounce-back despite a nearly complete … Continue reading
European wheat prices have remained relatively flat in the past week, even having gained some sentimental support from indications that … Continue reading
The chartering market looks still pretty stable in the Atlantic whilst the East is coming off for Handysizes. Off the … Continue reading
Capesize cargo has predictably dried up in both basins, particularly in the Pacific, where a recent restocking drive into the … Continue reading
General sentiment continues to be buoyed by the ongoing grain season activities in the northern European coaster markets with new … Continue reading
Powering through their recent hardships, the same ones that have affected the dry bulk market at large, Clipper Bulk of … Continue reading
The chartering market is looking very promising which many players are confident will last for the remainder of this year. … Continue reading
European wheat prices appear to be firming on the back of a softer euro and renewed optimism for the EU … Continue reading
Corrections have been coming fast and hard on the Capesize long hauls with Pac RVs losing nearly US$ 1,500 on … Continue reading
Stock markets fell sharply this week—the second biggest drop all year—on ongoing trade war worries and news from Germany and … Continue reading
Exports of steel from Turkey surged 30% year-on-year in May to 2.1 Mt, based on new data from the Turkish Steel … Continue reading
Settling from last week’s minor uptick in activity and sentiment—perhaps buoyed by increasing bunker prices as well—rates for northern ships … Continue reading
Despite slowing in upward momentum, Capesize voyages do not appear to have hit a wall yet with modest improvements taking … Continue reading
Russia said it will begin enforcing regional quotas and limiting its exports of ferrous scrap beyond the Eurasian Economic Union … Continue reading
The chartering market is still looking for direction and seems at odds to find it. An abysmally poor rate of … Continue reading
Copenhagen-based bulk carrier operator Baltnav reports that it secured a profitable 2018, which has allowed it to expand globally with … Continue reading
The recent Capesize rally—which has seen freights return to January levels enjoyed before the Brazil mine disaster and its related … Continue reading
Increased coal movements around the Sea of Azov have helped buoy sentiment and rates to a limited degree, at the … Continue reading
Again taking a turn back toward the positive, rate trends ended up flatter than the week before, if only because … Continue reading
NASDAQ-listed owner-operator Pangaea Logistics Solutions [PANL] says it plans to offer shareholders a quarterly dividend for the first time since … Continue reading
Greek owners are said to be little nervous about 2020 with the upcoming challenge to meet the now sulphur cap … Continue reading
Having had a relatively beneficial week, Capesizes start to flatten as the week ends with owners hoping that sentiment stays … Continue reading
Declines in freights seem to have started to accelerate as the days of May lengthen with the lingering impact of … Continue reading
The decent handful of new TCs that came through for the Capesizes at midweek were not repeated by the end … Continue reading
