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Dry Bulk

Dry Bulk

Stay informed with the latest news, analysis, and market insight for the dry bulk shipping industry through our expert coverage

Türkiye’s bulk exports fall significantly after earthquakes

Geared bulkers are lifting more products in Egypt heading to West Africa, which bodes well for Atlantic trades given the ballasting opportunities to South America for grain loadings

Dry Bulk Turkey

Russia’s bulk exports to Europe drop 60%

Biggest percentage drop for bulk carriers arriving in Europe after leaving Russia was seen in Sweden, Portugal and Denmark, with noticeable drops in the Netherlands, Germany, France and Spain, data shows

Sanctions Dry Bulk Russian Federation

Latest Articles

Market Insight

Capesizes return to profit-making territory

Capesize rates are up 679% since mid-February to their highest level this year, as optimism about China’s prospects amid low fleet growth abounds 

Dry Bulk Capes

Bulk freight market sees firm lift

China’s latest PMI data points towards a faster-than-expected recovery. This helped to boost iron ore prices and in turn capesize spot rates, which have almost quadrupled

Dry Bulk Capes

Dry bulk should see healthy rates this year, says Braemar

Capesize lift should come in a few months as China’s industrial output ramps up following its zero-Covid policy, says shipping analyst Alexandra Alatari

Dry Bulk International

Capesize owners not looking at lay-ups

Owners polled by Lloyd’s List say their ships are employed at premiums to the spot benchmark. Idling vessels is not on the cards as a recovery was most likely around the corner

Dry Bulk Capes

Dry bulk market failing to inspire

Hopes of a post-Chinese New Year boost fail to materialise with capesizes bearing the brunt of the losses, while sub-capesize segments in limbo trading in the $7,000 per day range mainly due to conflicting signals

International Dry Bulk

Asia to drive coal import demand

While demand from Europe may be low right now, Asia will suck in more volumes, with suppliers looking to maximise output. The continued shake-up in coal trades should lead to tonne-mile growth this year, benefiting mid-sized bulkers

Dry Bulk Asia Pacific

Soyabean trade to lift demand for panamaxes

Panamaxes should benefit from higher soyabean exports out of Brazil, while demand for smaller-sized bulk carriers will be hurt by much lower sorghum volumes from the US

Dry Bulk South America

Sub-capesizes end the year rangebound at lower levels

Handysizes to panamaxes have shed value through the month, with average daily spot rates ending the year in a $11,000-$14,000 range, as activity dwindles ahead of the holidays and amid an uncertain economic outlook

Dry Bulk Panamax

Capesize market ends 2022 on strong footing

In a surprise move, spot prices moved up over $20,000 per day, with the front months edging higher. But how long can this be sustained?

International Dry Bulk

Capesize market lifts off

The scaling back of China’s draconian Covid policies has bolstered sentiment in the capesize market. What is more, higher iron ore activity from Brazil and Australia ahead of the holidays has led to a rise in spot rates to the highest level in two months

Dry Bulk Capes

Baltic Exchange considers updating supramax index to reflect size and trade shift

The London-based exchange held a working group to discuss the possible changes to a larger sized vessel in response to feedback. Potential changes to routes and weightings were also on the agenda

Dry Bulk Ultra and supras

Jinhui Shipping profit suffers amid softer freight rates

Company said congestion and disruption issues are likely to continue in some countries and regions for the foreseeable future

Asia Pacific China
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