10 June 2010
The first four months of 2010 saw ups and down for the BDI with the index hovering around 3,000, but May brought along stronger rates particularly to Capesize
17 April 2019
Chinese imports of iron ore keep falling, while its crude steel production keeps growing.
15 August 2014
The freight market, which performed so well in Q1, has certainly not delivered in the past 4 months. BDI has dropped from 1,621 on 20 March to hit 747 on 29 July. Panamax ships have not been above USD 10,000 per day since 20 February, and below USD 5,000 per day for most of June and July. BIMCO expected challenging market conditions, also for Panamaxes, but rates below USD 5,000 per day were an unpleasant and unexpectedly low level.
01 May 2019
Despite increased demolition of Capesize ships, the size of the fleet is set to grow substantially.
11 October 2013
It has been a joyride for Capesize owners in September. During that month, freight rates lifted from the USD 10,000-15,000 per day interval experienced from mid-June until the beginning of September, when the market caught fire in a big way.
14 October 2014
While we await the long-anticipated rebound in Capesize freight rates centred on Brazilian exports, let's focus on the brighter spots elsewhere in dry bulk shipping
19 August 2013
Lower GDP growth in key demand-driving nations may challenge the market. In the meantime, Capesize owners enjoy a positive window in the market.
26 June 2013
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.
03 November 2014
The increases in Brazilian iron ore exports open up great prospects for dry bulk shipping, in particular the Capesize segment.
12 June 2013
Bulk is not only about China even though it is a key driver. In this section, we have taken a closer look at the European seaborne coal markets, which is going through some interesting times right now. European coal demand has been in a slump ever since early 2009,