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Dry Bulk

Capesizes retreat on fears of souring China-Australia relations

Freight rate slide prompted by a dip in the forward market could just be a temporary blip in an otherwise strong setting. Iron ore will be more supportive in the coming quarter with higher volumes expected

International Dry Bulk

Secondhand bulk carrier values see biggest gains in a decade

Prices of five-year-old capes and newcastlemaxes have gained 26% over the last year, while handies have gained 29%, according to a Braemar ACM research report

International Dry Bulk Capes

Latest Articles

Market Insight

Capesizes retreat on fears of souring China-Australia relations

Freight rate slide prompted by a dip in the forward market could just be a temporary blip in an otherwise strong setting. Iron ore will be more supportive in the coming quarter with higher volumes expected

International Dry Bulk

China weaves through the changed coal market puzzle

More than 20 laden bulk carriers have been stranded in Chinese anchorages, with 18 waiting for more than five months to offload Australian coal, according to Lloyd’s List Intelligence vessel-tracking data

China Australia

BDI hits highest level in 11 years

Robust Chinese iron ore demand, higher steel production in China and strong supply side dynamics are the bedrock of this recovery with market participants expecting further momentum in freight rates in the coming week as supply and demand fundamentals improve

China Dry Bulk

India’s annual rains add pain to Australian coal trade

Monsoons and a large stock build-up are forecast to induce an above-seasonal slowdown in Indian coal trade flows in the coming months. Most of the downturn will be felt by Australian coal exports that engage panamax and capesize vessels

Australia India

BDI continues to rise on strong capesize segment

Capesize rates of $37,000 per day come at a time when Brazil’s iron ore exports are running at half capacity. Once loadings normalise rates could rise further, says a Greek owner

International Dry Bulk

Capesize rates increase by 10% in a week

A strong global recovery in steel demand is believed to be benefiting the dry bulk sector, with iron ore volumes for seaborne transportation remaining strong and supporting freight rates, especially for larger tonnage

China Australia

Capesize earnings surge on increased vessel demand

According to Breakwave Advisors, a cyclical upturn is underway, and the current tightness should not be viewed as just another positional squeeze. Global infrastructure stimulus combined with shifting trade flows should further support shipping demand

China India

U-Ming seals first sustainability loan to finance LNG dual fuel bulk carrier

The loan facility is a milestone deal because it is the first sustainability linked loan financing this vessel category

Taiwan Dry Bulk

Secondhand bulk carrier values see biggest gains in a decade

Prices of five-year-old capes and newcastlemaxes have gained 26% over the last year, while handies have gained 29%, according to a Braemar ACM research report

International Dry Bulk

Shipping faces queues at Australian port due to bad weather

Bulk carrier queues had increased to 41 vessels in port of Newcastle, according to Lloyd’s List Intelligence vessel tracking data, the longest queues since last November

Australia Dry Bulk

Humble handysizes enjoy their moment in the sun

Allied Shipbroking says average earnings for the segment so far this year have been the highest since 2008, while sale and purchase activity has been triple the first quarter of last year

International Dry Bulk

Panamax and supramax freight rates may enjoy Suez boost

Total congestion outside both canal entrances has soared, with Lloyd’s List Intelligence showing about 46 bulk carriers awaiting transit through the busy waterway in the wake of the Ever Given grounding

Dry Bulk Egypt
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