30-06-2021 Dry bulk’s solid formation, Splash Extra
When freight rates are $31,000 to $32,000 per day for Capes, Panamaxes and Supramaxes we can put up with the fact that daily earnings of Handies are only $26,600 per […]
SHIPPING NEWS
29-06-2021 China to build 100m ton coal stockpile this year, By Sam Chambers
China’s National Development and Reform Commission (NDRC) has announced that it plans to build up around 100m tons of deployable coal reserves this year. “It is extremely rare for the […]
01-06-2021 Strong demand set to keep bulker earnings high, By Nidaa Bakhsh, Lloyd’s List
Strong demand for dry bulk commodities as economies recover from the global pandemic have helped to lift bulk carrier earnings, but it would be premature for owners to pop open […]
01-06-2021 Capesize bulkers set for ‘turnaround’ amid expected higher steel supply and firm commodity prices, By Michael Juliano, TradeWinds
The capesize bulker sector is looking better on paper than in reality, but industry experts are still quite optimistic about the physical market. The capesize 5TC, a weighted average of […]
26-05-2021 George Soros buys into shipping while private equity giants continue sell-off, By Holly Birkett, TradeWinds
George Soros and other world-famous investors put their money in shipping companies during the first quarter of 2021, regulatory filings show. The Hungarian-American billionaire’s investment firm Soros Fund Management spent […]
25-05-2021 China flexes muscle in commodity markets, but bulkers maintain even keel, By Holly Birkett, TradeWinds
China’s warning that it will clamp down on “excessive speculation” in commodity markets caused prices to plunge on Monday, with iron-ore contracts hit hardest by the rout. But analysts have […]
25-05-2021 China’s signal to speculators may well support dry bulk freight rates, By Nidaa Bakhsh, Lloyd’s List
China’s recent comments aimed at bringing down super-hot commodities prices may turn out to be a blessing for the dry bulk market. Remarks by the National Development and Reform Commission […]
24-05-2021 Growing grain demand pushes supramax bulkers to 11-year high, By Michael Juliano, TradeWinds
Spot rates for supramax bulkers are sustaining an 11-year high amid a surge in grain demand. The supramax 10TC, a weighted average of 10 spot rates across 10 routes, on […]
24-05-2021 Why US-listed stocks Dry bulk kept rising as capesize rates dipped, By Joe Brady, TradeWinds
No shipping sector fared better than dry bulk in the US equity markets as the average shipowner ended Friday with a 8% one-week gain even as capesize rates slid more […]
21-05-2021 Global commodity boom drives demand for smaller bulk carriers, By Michael Juliano, TradeWinds
The dry bulk market is getting its strength from other commodities besides iron ore shipped on capesizes, according to an industry expert. The sector is being lifted mostly from corn […]