Spot and forward rates for the Capesizes continue to fall on the negative news surrounding the coronavirus outbreak. Tonnage is … Continue reading
Category Archives: Dry Bulk Snippet
World steel output amounted to 1,869.9 Mt in 2019, an increase of 3.4% from the year before, according to new data … Continue reading
Adriatic Sea market: Imports have been strong into the Adriatic even as general volumes have slowed over the holidays and … Continue reading
Grain activity from the ECSA and US Gulf is offering Panamaxes a glimmer of hope in the Atlantic but this … Continue reading
The holidays have continued to linger into 2020 with principals seemingly in no major rush to secure business as long … Continue reading
The chartering market off the Continent has been pretty busy for the larger Supra-Ultramax tonnage. Front haul rates have been … Continue reading
[28 NOV 2019] Capital markets have not been overly enthusiastic about shipping in recent years, this past year being no … Continue reading
On the event of the 71st Eisbeinessen Dinner in Hamburg—the world’s largest gathering of shipbrokers and shipping people—BMTI is offering … Continue reading
Uncertainty looms in the European steel outlook, according to EU steel association EUROFER. A present “downslide” in the EU manufacturing … Continue reading
Bank lending to shipping concerns has fallen to its lowest level in at least twelve years, according to a new … Continue reading
Sentiment rules for the volatile Capesizes with the end of the week bringing an unexpected bounce-back despite a nearly complete … Continue reading
The chartering market seems to be in gradual decline, whilst numbers are still satisfactory for the owners to cash in. … Continue reading
The market for the Capes has turned down with new business hardly seen in any basin. A drop in spot … Continue reading
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