The chartering community is closely watching the upward rally in the Black Sea area. Charterers were bidding Ultramaxes US$19,000 daily … Continue reading
Ben Perry
Black Sea grain producers have been showing mixed results so far this year. An ongoing dry period throughout the region … Continue reading
With markets in flux, resource prices shifting and sentiment turning around among the biggest bulkers, there is reason to expect … Continue reading
[27 JUNE 2018] With both European holidays and sluggish summer industrial trends setting in, pressure continues to grow on rates … Continue reading
Brokers have been surprised by the huge number of fixtures reported, detrimental to the market’s performance. The Continent appears steady … Continue reading
Very little in the way of trend or market movement was sensed at the start of the week for Capesize … Continue reading
Sentiment has taken over the Capesizes, but in the positive way that owners have no problem with accepting even as … Continue reading
The summer market has begun in earnest and is turning rather quiet in June after a relatively robust May. Brokers … Continue reading
The summer lull is spreading all over the Atlantic market with the exception of the Continent-Med area, which is still … Continue reading
A few indications of cargo rumblings in the UKC-Med on front hauls to the Far East are not enough to … Continue reading
Hong Kong-based dry bulk owner, Pacific Basin Shipping Limited, announced on Tuesday that it had signed a conditional agreement to … Continue reading
May Day holidays across much of the western world have taken a significant toll on the bulk carrier trade with … Continue reading
Traders confirm that freights have fallen sharply on the sea-river-going trades with new grain demand having dried up rather suddenly … Continue reading
Louis Dreyfus made headlines this week, announcing they would be exiting the Capesize market due to its excessive volatility and … Continue reading
The holiday hangover has lingered over the Baltic Sea and North Sea coaster markets in the past week with southbound … Continue reading
Losses have been rather substantial in the eastern Handy bulk trades in the past week as the monthly switchover and … Continue reading
Pressure has remained on Capesize derivatives this week with May futures looking oversold, according to FIS analysts, who say the … Continue reading
From the Desk of a Continental Broker: The solidity of the markets’ performance is unquestionable. Panamaxes are leading the way. … Continue reading
There are still signs of positivity pushing through in the Capesize derivatives trade, we are told, with early trading on … Continue reading
Strengthening surge in Capesize spot freights A Capesize recovery is well underway—even if the smaller bulkers can’t say the same—with … Continue reading
There are still convincing macroeconomic reasons to expect the eastern Capesizes to rebound in 2018, indeed to strengthen after Q2, … Continue reading
Slowly but surely activity has been creeping up in the eastern basin in recent days with owners seeing more room … Continue reading
Considerably more Capesize fixtures and news of activity bubble up to the surface as the week ends, but nothing consistent … Continue reading
Capesize freights are off to the races A handful of new period deals (with standard tonnage getting US$ 20,000 … Continue reading
Supras see recovery in Black Sea front hauls After a slow stretch at the start of the week, the Supras … Continue reading
Buoyancy returns with growth in Indo rounds Panamax trends on benchmark rates via Indonesia are firm if not overly ascendant … Continue reading
Supramaxes see new signs of support Rate trends have begun to look up for the embattled Supramaxes due to a … Continue reading
Indo rounds drift back into the shadows On South China delivery, ships of 58-62,000 dwt via Indonesia are fixing no … Continue reading
Eastern Cape rates start to stabilize Pacific rounds have started to firm at around US$ 19,000 DOP on modern 180,000 … Continue reading
Atlantic Panamax freights under pressure USG grain stems to CJK are concluding just over US$ 40/mt on modern tonnage at … Continue reading
