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Panamax: The positive trend from last week did not continue, with both basins showing signs of softening since Tuesday. BIMCO will no longer publish daily market reports. Going forward, a weekly dry bulk market report will be published, providing members with a summary of the market and highlighting weekly movements of the Baltic dry indices and average dry bulk earnings.
Capesize: The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. BIMCO will no longer publish daily market reports. Going forward, a weekly dry bulk market report will be published, providing members with a summary of the market and highlighting weekly movements of the Baltic dry indices and average dry bulk earnings.
Capesize: The Capesize market meandered slightly upwards this week before giving back much of its gains mid-week. BIMCO will no longer publish daily market reports. Going forward, a weekly dry bulk market report will be published, providing members with a summary of the market and highlighting weekly movements of the Baltic dry indices and average dry bulk earnings.
Capesize: The Capesize market managed to find a floor and rally a little this week after several weeks of declines. BIMCO will no longer publish daily market reports. Going forward, a weekly dry bulk market report will be published, providing members with a summary of the market and highlighting weekly movements of the Baltic dry indices and average dry bulk earnings.
Panamax: The weaker and softer trend continued during the week with a large sell-off in both basins resulting in the Baltic Panamax Index (BPI) losing well over 100 points on the week. BIMCO will no longer publish daily market reports. Going forward, a weekly dry bulk market report will be published, providing members with a summary of the market and highlighting weekly movements of the Baltic dry indices and average dry bulk earnings.
Capesize: A slow end to a busy week following on from late Thursday rumours of Vale swooping into the market and taking several ships from Tubarao to Qingdao for July with reports ranging from 8 to 12 vessels. The Baltic Exchange daily fixture report features daily updates on the Baltic exchange indexes, timecharters, periods, voyage fixtures and is listed by ship name, size, delivery place and freight rate. The daily dry bulk market report by the Baltic Exchange contains news impacting the following segments; capesize, panamax, supramax and handysize.
CANDYSIZE: Some reports suggested rates were a touch better than some had indicated especially in the Atlantic. The Baltic Exchange daily fixture report features daily updates on the Baltic exchange indexes, timecharters, periods, voyage fixtures and is listed by ship name, size, delivery place and freight rate. The weekly dry bulk market report by the Baltic Exchange contains news impacting the following segments; capesize, panamax, supramax and handysize.
The 2017 half-year result of the dry bulk terminal vetting is ready. New reports have been added to the database by ships after each port call.
The best performing port, in BIMCO’s Dry Bulk Terminals Vetting Report 2018, is Szczecin in Poland. The report collected input from 144 ships covering 381 terminals. A total of 97% of the reports were rated as average or better, which gave an average rating of 3.6 (out of five). The result is a marginal better than last year’s results.
BIMCO has today published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties. The foundation for the new report follows the conclusion of BIMCO’s previous analysis – that due to the severity of the current crisis the sector can only return to profitability in 2019 if shipowners deliver “zero supply side growth”, year on year.
