US Gulf Handy freights rise by leaps and bounds
Atlantic Handy bulk is again the leading light of the bulker markets with very strong upgrades in excess of US$ 500 day-on-day in the USG/UKC freights to hit US$20,000 on 52,000 dwt ships. (p. 1)
Analysts: Groundwork in place for rebound
The lowest of the dry bulk cycle has been passed, say a number of market analysts, suggesting the path is brighter than ever for recovery. (p. 2)
Oil prices climb ahead of oil producer meeting
This weekend, leaders of oil-producing countries in and out of OPEC will meet to talk about possible progression in new output reductions following their agreement late last month. (p. 5)
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