With holidays in many countries it has been a quiet start to the week. Nevertheless, mesmerizing news and events keep … Continue reading
Ben Perry
Oslo-listed dry bulk operator 2020 Bulkers recently released their first quarter numbers, showing that the company has performed notably better … Continue reading
The Capesize roll is undeniable with long hauls and voyage rates alike moving from high to high as charterers prove … Continue reading
Many brokers are looking forward to a very likely mesmerizing new week. Expectations are running high, after the Atlantic market … Continue reading
The Easter holidays have dinged cargo demand in the North Sea and Baltic Sea trades, although not as seriously as … Continue reading
The last day of the first quarter of 2021 brings mixed tidings for the Capesizes with declines having continued to … Continue reading
Ultramax tonnage was taken for a NoPac round voyage at US$ 26,000 daily. Another one was concluded for 12 months … Continue reading
Sustained limitations in global availability continue to support potash prices around the world. One major producer was reportedly making plans … Continue reading
Bulker freights have entered another phase of revival, much to the approval of the ownership class, with the BDI nearing … Continue reading
Fundamentals continue to greatly favour owners of tonnage in the northern trades at the moment—indeed the European coaster market at … Continue reading
Quo vadis, market? To throttle the climbing speed to new heights in rate levels is badly needed! This said, grain … Continue reading
Breathing a collective sigh of relief, Capesize owners see their freights begin the week on a widely positive note (as … Continue reading
The chartering market has been quiet all over the place, which is also reflected in the number of fixtures reported. … Continue reading
With the week concluding on a pair of consecutive losses, it would appear that a freight reversal for the Capesizes … Continue reading
Export prices for Russian wheat keep rising ahead of the wheat export tax expected to coming into force on 15 … Continue reading
With mineral cargo congestion in the Pacific and a sudden lack of open tonnage across much of the Capesize market, … Continue reading
Reviewing the first day of the new year, one cannot but observe that the December momentum has been seamlessly transmitted … 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
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
Northern European coaster business—and indeed freight rates—have fallen to such lows that any minor positive change in demand can be … Continue reading
