Dry Bulk
Stay informed with the latest news, analysis, and market insight for the dry bulk shipping industry through our expert coverage
‘We need more ships, we need bigger ships’ to tackle food crisis
Unctad secretary-general opens the Global Maritime Forum with a call to action for greater numbers and bigger sizes of ships to transit via the Black Sea as major shipowners have mostly been reluctant to commit newer, larger vessels
Ukraine’s Danube ports export over 4m tonnes of grain
Ukraine’s small river ports ramped up activity in the aftermath of Russia’s invasion to keep trade flowing into and out of Ukraine. The ports are still working at capacity a month following the opening of three designated grain export hubs
Capesize market dips after rally
Spot rates have dipped to $16,000 per day, following days of increases that saw the segment creep up to levels seen for other bulker sizes
Daily Briefing September 15 2022
Doubts cast over LNG’s role as future fuel | US set to overtake Russia as Europe’s largest crude supplier | Demand growing for future-fuel ready engines | Capesize market stages dramatic rebound
Seanergy optimistic for capesize market prospects ‘for the coming years’
Market slump in recent weeks has hit the bottom and rates should improve in the second half, says company
Genco expects support for capesizes as it focuses on short-term fixtures
US dry bulk company will have lower capital expenditure in the second half of the year following a heavy drydock schedule, while also seeing lower vessel operating costs as crew-change issues unwind and it completes the transition to its new technical management joint venture with Synergy
Capesizes face further erosion in ‘cruel summer’
Spot rates have dropped 25% in one week as the gloomy macroeconomic picture and lacklustre activity in the Atlantic eat into confidence
Capesize rates slide as Brazil iron ore disappoints
Capesize loadings from major Brazilian ports were 21% lower in January to June versus the same period last year, Lloyd's List Intelligence data shows
Capesizes weighed down by China growth outlook concerns
The capesize market, which is the most volatile of all the bulker segments, has dropped below other sizes in dramatic fashion this week
Capesizes propelled forward as activity rises
According to ship brokerage Braemar ACM, the tightness in the Brazil market drove the prompt months on the forward curve to new highs for the year
Eagle Bulk sees new trading patterns supporting dry bulk
Backhaul trades are garnering premiums to the index, according to US-based company. ‘It’s not business as usual,’ says chief executive Gary Vogel
Capesizes jump to five-month high
The market has now overtaken the panamax, supramax and handysize segments which had surpassed daily earnings for the capesizes over the last few months
Genco has its best first quarter since 2010
US bulker owner plans to focus on dividends and clearing debt
Capesizes climb as optimism returns
Activity emerging from Brazil has a part to play in the more positive sentiment, with spot rates gaining 50% in a week to the highest in a month
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.