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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

Dry bulk market fails to shrug off bearish sentiment

Tonnage build-up as congestion eases is said to be weighing on the capesize market, which has once again been knocked down to below break-even levels, forcing the Baltic Dry Index to its lowest level since early February

Dry Bulk International

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Is China’s potential coal ban lifting all that bearish for dry bulk shipping?

Analysts are divided about the impact to dry bulk shipping from the emerging news that China is considering lifting restrictions on Australian coal as relations start to thaw between the two sides

Dry Bulk Australia China

Market Insight

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

Seanergy International

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

Dry Bulk United States

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

Dry Bulk Capes

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

International Dry Bulk

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

Dry Bulk Capes

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

Dry Bulk Capes

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

Dry Bulk Ultra and supras

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

Dry Bulk Capes

Genco has its best first quarter since 2010

US bulker owner plans to focus on dividends and clearing debt

International Dry Bulk

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

Dry Bulk Capes

Capesize rates pull back after rapid 66% rise

The average weighted time charter is at $14,209 per day on the Baltic Exchange from $15,789 on February 10. The market is still lacking sufficient volumes from Brazil as more activity from West Africa and Australia is reported

Dry Bulk Capes

Spot capesize rates slump to below operating costs

Capesize value continues to erode given Brazilian iron ore shipment issues in what is traditionally a weak quarter, exacerbated by the upcoming Chinese New Year and Winter Olympics

Dry Bulk Capes
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