Capesize time charter equivalent rates have dropped sharply in July after breaching the key $30,000/day level in end June, amid excess availability of spot vessels especially for trips within the Paci
Pent up demand for commodities from grains to coal powered a surprisingly strong recovery in the dry bulk shipping market in the first quarter, with both freight levels and earnings reaching multi yea
China s insatiable demand for iron ore and a bullish Freight Forward Agreement, or FFA, market along with a displaced tonnage supply situation have driven up Capesize dollar per ton freight rates to a
The Capesize market has retreated sharply after crossing the key $40,000/day mark in early May as mining majors, trading houses and ship operators took a breather and dented the strong sentiment witne
The surging demand for infrastructure related commodities such as iron ore and coal, along with minor bulks such as aggregates, clinker, limestone is likely to help fuel the dry bulk market rally into