With the ever-important holiday period bearing down in the next few weeks, traders, owners and charterers alike are all looking … Continue reading
Ben Perry
Following an extended period of ups and downs, Capesize rates hit the first proper week of November with a major … Continue reading
There has been increased talk of a weaker feel and owners’ willingness to compromise, which does not stop the market … Continue reading
Freights from the Sea of Azov have rocketed by as much as US$ 8/mt week-on-week due to extreme unavailability of … Continue reading
After ending last week on a bit of a down note, Capesizes start the new week with something of a … Continue reading
Freights were generally improved over the past week among the Far East Supramaxes, holidays in Singapore and spotty activity notwithstanding, … Continue reading
The fall in spot freights has, by all signs, accelerated over the course of July with owners no longer able … Continue reading
Even with the ECSA still providing just enough cargo demand to keep Brazil/China voyages hovering at US$ 20.8/mt, Capesize freights are … Continue reading
Chinese holidays are probably the biggest story in the eastern Supramax trades, although they don’t seem to have subdued rates … Continue reading
The condition of the French soft wheat crop is its best in over a decade, says national agricultural agency FranceAgriMer. … Continue reading
Owners of Capesize tonnage continue to insist that enquiry is high and charterers are putting in new orders despite the … Continue reading
Holidays here and holidays there (not to mention the odd historic coronation in between) are putting the brakes on business … Continue reading
The Pacific Supramax freights have remained largely buoyant over the past week with average rates for NoPac rounds gaining some … Continue reading
Off the Continent, an Ultramax was taken for a trip to the East at US$ 20,000 daily, and at US$ … Continue reading
The Capesize market is showing more activity on the iron ore routes with some stabilized freight rates in the high … Continue reading
Defying the pessimists, Capesize markets seem to have a bit of energy left to spare with a new round of … Continue reading
The Capesizes do not appear to be running out of steam any time soon with the week kicking off with … Continue reading
The holidays don’t seem to have ended just yet for the northern European trades, at least in terms of business … Continue reading
The first working day of the new year was more an extension of the Christmas-New Year break. With London, plus … Continue reading
It seems far too early to call the Capesizes over with their week-starting slump looking increasingly like a temporary bump … Continue reading
Far East Supramaxes launched a recovery of sorts in the final days of the week, leaving NoPac rounds as much … Continue reading
As predicted by BMTI at midweek, Capesize rates have, in fact, bounced back quite convincingly with a strong uptick in … Continue reading
Fortunes have faded to a degree for the Capesize owners in the final days of October as the days get … Continue reading
Expected yields for French soft wheat in the 2022/ 23 season have been lowered by French agency Agreste due to … Continue reading
Winning Shipping made several moves this month as part of an ongoing fleet renewal including buying the 10-year-old, 180,000 dwt … Continue reading
As they sometimes do, Capesize rates are splitting into hemispheres with Pacific rates under pressure (possibly ahead of next week’s … Continue reading
World food prices marginally declined for the fifth month in a row in August, based on the World Food Price … Continue reading
Having fallen to their lowest level since February, Capesize rates were in the doldrums until the start of this week … Continue reading
Navios Maritime Partners bought 36 bulk carriers from its parent company Navios Maritime Holdings for US$ 835m, bundled along with … Continue reading
Average commodities prices have eased in recent weeks after peaking in June, according to the Bloomberg Commodity Spot Index, which … Continue reading
