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

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

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

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

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

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

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

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

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

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

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

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