Dry cargo market report dated 12 January 2024
15 January 2024Capesize: The capesize market concluded the week on a relatively sombre note.
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Dry cargo market report dated 17 November 2023
20 November 2023Capesize: The week commenced with a subdued market due to Singapore's Diwali holiday.
Tonne miles from US crude oil exports drop dramatically in April
27 June 2019April was a disappointing month for the crude oil shipping industry with a dramatic fall in US crude oil exports which caused tonne mile demand to fall disproportionally.
Dry cargo market report dated 20 October 2023
23 October 2023Capesize: The Capesize market experienced a strong week with the timecharter average breaking over $30,000/day, the highest value in 17 months.
Dry cargo market report dated 30 September 2022
05 October 2022Capesize: The Capesize market failed to push through to higher values this week as lower activity in the Pacific hampered efforts. The Capesize 5TC closed the week at $16,214.
Dry cargo market report dated 5 August 2022
08 August 2022Capesize: The Capesize market had a forgettable week for owners as rates slipped away, closing the week below $15,000 on the 5TC.
Dry cargo market report dated 21 January 2022
31 January 2022Capesize: There was little support to be found for the Capesize market over the last week as dwindling rates and rising bunker prices slashed earnings for owners with the 5TC Weighted Average dropping to $7,390. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.
Dry cargo market report dated 1 October 2021
04 October 2021Capesize: The Capesize market was in a steep climb for most of this week as it reached a pinnacle of $74,786 Wednesday before stalling, regathering, and then pushing on to $75,190 at weeks end. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.
Coal shipments to advanced economies down 17% so far in 2023
23 November 2023In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity declined and the share of electricity produced using renewable energy rose. Also slowed economic activity and high energy prices affected electricity demand.
