Dry Bulk Shipping Market Overview & Outlook Q2 2023
30 May 2023Stronger dry bulk market outlook but recovery is fragile
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Stronger dry bulk market outlook but recovery is fragile
Capesize: The Capesize Baltic index returned from year-end holidays this week and immediately saw activity coming from the usual West Australia iron ore flow. 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.
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.
Capesize: The Capesize market managed to turn its fortunes around this week stemming the slide from the previous week. 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 market has surged during the last couple of days of the week to trade in the upper region of its recent range. 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.
Ultramax/Supramax: Like the larger sizes, it was a very positive week with a shortage of prompt tonnage and strong sentiment. 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 market began to meet increased resistance to the recent slide in rates as the week progressed. 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: After a week of bounce momentum the market appears to have stalled out once again. 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.
Capeszie: The Capesize market this past week has been attempting to recalibrate itself in consideration of weakening freight levels and increasing IMO bunker costs. 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.