The recent Capesize rally—which has seen freights return to January levels enjoyed before the Brazil mine disaster and its related … Continue reading
Ben Perry
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
Impairments on credit for shipping and petroleum investments of Danske Bank fell in the first quarter of the year, according … Continue reading
Recent rainfall in Western Europe has boosted output forecasts for the EU wheat crop, though analysts warn that more rain … Continue reading
Capesize freights rose by as much as 38% last week, according to some metrics, with the recover in sentiment buoyed … Continue reading
After Easter break, one can’t but conclude that still not much is going on. The market in general remains pretty … Continue reading
Adriatic Sea market: Traffic has been sporadic at best. Ammonium nitrate of 1,000mt has secured US$ 39-40/mt from Alexandria to Sarande … Continue reading
Operator Western Bulk Chartering announced that it has secured new debt financing and intends to raise US$ 15m in equity, … Continue reading
Again averting disaster at the last minute, Capesize freights pull back from oblivion to post even better upgrades than the … Continue reading
The world’s second-largest non-Chinese aluminium producer, Rusal, began new production operations last week at its Boguchansk aluminium smelter in Siberia. … Continue reading
Rate recovery is still elusive for the nonperforming Capesize sector. A severe lack of demand having its way with spot … Continue reading
Off like a light, the Capesize rebound of last week seems to have hit a wall at the start of … Continue reading
Scorpio Bulkers [SALT] sold seven ships to China Merchant Bank Financial Leasing in a sale-and-leaseback deal wherein the owner will … Continue reading
Charterer interest in Panamaxes fades Enquiry for Panamaxes has apparently dried up in the way that Cape interest dried up … Continue reading
An upsurge in activity across the eastern basin has done wonders for the long-beleaguered Supramax markets with average rates for … Continue reading
Slowly, it would seem that the Capesize freights are stabilizing, with the possible exception of long hauls on TARV and … Continue reading
Freights continue to fall rather precipitously in the Azov trades with owners continuously coming up short on the cargo side … Continue reading
Apart from a few late-reported fixtures that emerged at the end of the week, little if any guidance is visible … Continue reading
The last few weeks of 2018 were among the best of the entire year itself for northern European short sea … Continue reading
Some of the shine is already off of the Capesizes as the week comes to an end with the reality … Continue reading
Panamaxes cheaper than Ultramaxes on trips from ECSA The ECSA has been steady with Ultramaxes fixed at US$ 15,250 daily … Continue reading
Hong Kong bulk carrier firm, Pacific Basin, has concluded a US$ 40m loan facility with Danish Ship Finance, it announced last … Continue reading
They had a good run, but looking at the declines that have hit the Capesizes at the end of the … Continue reading
Capesize freights start the week in limbo Starting the week on an undecided, Capesizes trend largely sideways with only the … Continue reading
