During the first ten months of the year around 3.5Mt of hot rolled coil (HRC) has been imported to Turkey … Continue reading
Category Archives: Dry Bulk Snippet
Spot freight rates for the Capesizes remain depressed and the amount of fresh shipments is rather limited. The trans-Atlantic rounds … Continue reading
May be at long last that market conditions for the first quarter of the new year will hardly differ from … Continue reading
It is the third month in a row now with the northern markets gaining momentum and tonnage for loading on … Continue reading
Some fresh business for the Capesizes shows up and iron ore voyages out of West Australia are rated again above … Continue reading
The chartering market is looking still very promising. Even in the East demand for tonnage is intensifying. Off the Continent … Continue reading
Pacific Capesizes seem to be splitting away from their Atlantic counterparts as eastern-based freights are looking altogether more positive while … Continue reading
A virtuous cycle of increased cargo ordering spurred by tightening avails, thus spurring more ordering (and so on), has taken … Continue reading
On the Handy sector tonnage open on the North Continent remains very tight and rate firm. A 37,000 dwt fixed … Continue reading
The Panamax sector continues to see a divergence between Pacific and Atlantic. The Pacific is witnessing an improved tonnage profile … Continue reading
Ever the size class ruled by sentiment rather than physical trading, Capesize freights slide further and more sharply than in … Continue reading
For the first time in quite some time, tonnage seems to be tightening in the Baltic Sea markets, giving owners … Continue reading
The EU is facing the prospect of a considerable decline in sugar production in 2020 after enduring a combination of … Continue reading
As the last Australian reporters leave China, diplomatic tensions continue to rise between Canberra and Beijing. Whether China is ready … Continue reading
Consistent inconsistency remains the major feature of the chartering market and is quite an impediment to strike a safe trade … Continue reading
With the ongoing economic malaise across Europe and the corona-related cargo demand shock still holding freights to historically low levels, … Continue reading
UK wheat is bracing for one of its lowest harvests in decades, according to the National Farmers’ Union (NFU), which … Continue reading
It’s been a quiet start to the week for the Capesizes. Some activity on trans-Atlantic routes and a restricted tonnage … Continue reading
Ultra-Supramax vessels off the Continent have been making very little progress, if any. Scrap charterers took a Supra at US$ … Continue reading
Hopes that late summer would see a return in delayed demand throughout the Azov and Black Sea markets have so … Continue reading
The Panamax market is currently also on a downward trend. Although the tonnage supply in the Atlantic has been quite … Continue reading
The chartering market is taking a breather. Hopefully it is not the end of the upward rally, although several sources … Continue reading
With the summer holiday season in full bloom market participants discussing the situation with BMTI are running out of words … Continue reading
The Handy sector in the Atlantic is seeing better numbers overall. Midweek saw a 35,000 dwt fixing out of the … Continue reading
Capes has seen rates falter in both the Atlantic and Pacific basins. The tonnage situation still remains relatively tight in … Continue reading
Having been pretty excited about the markets general performance, signs of a drawback are emerging. From ECSA grainhouses in all … Continue reading
Northern European coaster business—and indeed freight rates—have fallen to such lows that any minor positive change in demand can be … Continue reading
After breaking US$ 30,000 daily early last week only to hit US$ 40,000 daily by the end, Capesize front haul … Continue reading
The current commodity price rally is in danger of outrunning fundamentals, Goldman Sachs warned this week, noting that strong downside … Continue reading
Trying to analyse the worldwide chartering market, you cannot but conclude, that the East is hugely outperforming the Atlantic. This … Continue reading
