BMTI — Trend experts for shipping
BMTI—daily and independent—and its research experts supply a high quality information service for the international dry bulk shipping industry including DAILY FIXTURE REPORTS, SHORT SEA REPORTS, MARKET REPORTS and special RESEARCH STUDIES.
BMTI’s reports and studies, published in English, provide unbiased professional analyses of the important trend-indicating developments in the international dry bulk shipping markets—clearly, accurately and concisely.
Latest BMTI Blog Entry…
- Handy Bulk Market Overview (29 Sep 2023)
There has been increased talk of a weaker feel and owners’ willingness to compromise, which does not stop the market to become an intense battle ground for tonnage in the medium and long term future. The technical challenge to meet the decarbonisation standards is one problem, but the costs involved to meet these new standards could force many owners out of business. Thus, the owning landscape could be up for a profound change. As a consequence, as outlined earlier this week, decarbonisation might lead to a temporary lack of tonnage and, as a consequence, could severely hamper global trade. At any rate, the spot market remains in good health, despite a weaker sentiment. Off the Continent, a 28,000 dwt vessel got fixed at US$ 13,500 daily for a trip to the eastern Med. Handysize freights for trips to West Africa are hovering at around US$ 18-20,000 daily.
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