Precious Shipping’s managing director Khalid Hashim said the recovery in the dry bulk market is the real deal and that shipowners in the sector should expect a strong market in […]
The dry bulk market is heating up. Period. That is period as in “period cover”. It is the buzz term as a raft of listed dry bulk owners report first-quarter […]
Commodity prices for iron ore and steel have taken a huge leap and capesize rates have hit 15-year highs, but the relationship between the two phenomena remains complex. May contracts […]
The Baltic Dry Index — the barometer for dry bulk shipping markets — has been continuously marching forward in recent weeks, supported by strong commodity demand and inflation. Shipowners are […]
Iron ore prices have reached an all-time high, with China’s domestic steel product prices also soaring to figures never seen before. Capesize rates remain in lofty territory above $42,000 a […]
Capesize rates have reversed their recent declines as iron ore prices set fresh highs, seen as supportive for freight. Iron ore futures on the Dalian Commodity Exchange surged 10% to […]
Capesize rates have reversed their recent declines as iron ore prices set fresh highs, seen as supportive for freight. Iron ore futures on the Dalian Commodity Exchange surged 10% to […]
Two analysts hiked their outlook for Eagle Bulk Shipping as the New York-listed outfit’s fleet piles up earnings in a surging market during the second quarter. Fearnley Securities upgraded its […]
Diana Shipping announced on Friday yet another period deal for one of its bulkers at far higher levels than the same ship achieved under its previous employment. Bocimar International fixed […]
After the March monthly record of 13.5 MMT, Brazil’s April soybean exports have broken all monthly records at a massive 17.4 MMT. With significant line-ups in all the Brazilian grain […]
