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Capesize: Throughout the week, the capesize market experienced a mix of subdued and positive conditions across different regions.
In 2019, prior to the onset of the COVID-19 pandemic, jet fuel contributed an estimated 8% of oil products’ cargo demand. When travel restrictions were imposed during the pandemic, air travel suffered significantly and jet fuel shipments in 2021 were down approximately 33% compared to 2019. Airlines’ capacity has been on a slow recovery path since bottoming out in April 2020 but remains significantly lower than 2019 levels.
Capesize: The capesize market witnessed a mixed and evolving week with notable fluctuations in different regions.
Capesize: Throughout the week, the Capesize market experienced mixed dynamics.
Capesize: The Capesize market softened this week as global market concern’s kept the headwinds coming.
Capesize: After several weeks of relatively flat price movement, the Capesize 5TC market has started to show a little positive sentiment with levels pushed to $15,299.
Capesize: Overall it was not a very active week, with limited fresh cargo support from either of the basins.
The influence of American coal exports on seaborne transportation has grown significantly over the past decade. In 2002, the US exported 20.1 million tons by sea, but in 2012 that number had increased to 106.7 million tons.
Capesize: The Capesize market was a mixed bag this week as routes ebbed and flowed giving little clear direction for traders. 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.
Capesize: The week ended on a negative note with continuous downward momentum in both basins. 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.
