The market for the Capes has turned down with new business hardly seen in any basin. A drop in spot … Continue reading
Category Archives: Dry Bulk Snippet
A quirky Kamsarmax market in the Atlantic has given some impetus to higher rate levels. Baltic rounds are hovering around … Continue reading
The market situation in the Black Sea and the Azov Sea has seen little changes for the coasters during the … Continue reading
China-connected trade seems to be having a modest turnaround on Capesize business, though it is still not quite clear as … 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
On 3 February 1637, at a Dutch auction, not enough buyers of tulip bulbs were found and the tulip bubble … Continue reading
Despite anticipating a correction after the run-up of mid-summer, Azov owners say they were nonetheless caught off guard by the … 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
Following last week’s description of shipping finance in eighteenth century Greece: Shares versus Loans The loan carried a yearly interest … Continue reading
As almost anticipated the Capesizes have turned negative, with the TCA down by 885 to 32,078. All routes declined with … Continue reading
Although centuries of merchant shipping have passed, the kind of financing of ships in general has been the same throughout … Continue reading
In the Atlantic there is ample reason for the owners to celebrate and enjoy playing around with charterers. Now the … Continue reading
Coaster freight rates are picking up as “grain market for river tonnage is very hot”, a broker working in the … Continue reading
Yesterday’s assumption of a possible break seems to be right. With the exception of the fronthaul the Capesizes have recovered … Continue reading
Analyst J Mintzmyer of Seeking Alpha has identified Star Bulk Carriers [SBLK] as a “dry bulk pure play” due to … Continue reading
Containership rates burst into action in the past week with several main benchmark rates leaping by 15-25% week-on-week, including those … 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
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
