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Dry cargo market report dated 1 October 2021

04 October 2021

Capesize: 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.

Dry cargo market report dated 24 September 2021

27 September 2021

Capesize: The Capesize market continued its assertive rally this past week reaching new highs in dramatic fashion.  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.

Tanker market report 24 September 2021

27 September 2021

The current strength in gas prices is having major ramifications for global energy markets. Record prices in Europe and Asia are forcing utility firms to look for alternative energy sources and have pushed some companies into bankruptcy. Many have been forced to burn more coal despite the environmental consequences, whilst oil-based fuels will also receive a demand boost in regions where oil fired power capacity still exists. With oil demand expected to find some support, could tankers finally receive the catalyst they have been longing for? The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

Dry cargo market report dated 10 September 2021

13 September 2021

Capesize: The Capesize market staged a dramatic turnabout at weeks end after seeing several days of value eroded off each route in the market. 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 3 September 2021

06 September 2021

Supramax: A week of falls across most routes led to the BSI closing at 3,348, a drop of 122 week-on-week. With Hurricane IDA the US Gulf lost momentum as cargo supply eased, whilst from South America fresh enquiry was limited. 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.