August 8th, 20190The first week of August has proven once and for all that the old adage of the summer slowdown can now be laid to rest. Granted the dry bulk chartering activity cooled, but on the S&P scene deals were concluded in astonishing volumes. London’s Alibra Shipping noted that 95% of all dry bulk sales concluded this week have been in...
August 1st, 20190The sale and purchase market for secondhand bulkers saw a slight slowdown in the past week, while the chartering market also saw a general decline following weeks of strong performance, especially in the big size segments. The slowdown is expected to last a few weeks. Nevertheless, July was a remarkable month for dry bulk - with London...
July 25th, 20190The strong momentum in the dry bulk shipping market continues to see plenty of tonnage change hands as investors rush to snap up bargains before prices start to jump. Allied Shipbroking's indicative dry bulk values show average prices for most bulker groups stayed at the same level in the past month, except for 10-15 year old supramax...
July 18th, 20190As the sentiment in the dry bulk market continues to strengthen, the investors' confidence in secondhand tonnage has been greatly boosted in the past few weeks. The Baltic Dry Index surpassed 2,000 points this week, and is now at heights not seen since 2013. London brokers Alibra point out that in the last week we have seen the highest...
July 11th, 20190The secondhand sale and purchase activities tempered a bit this past week. The dry bulk chartering market continued its impressive improvement led by capes which are now trading on the spot market for in excess of $26,000 a day. However, while the interest for secondhand tonnage remains high, buyers and sellers have been adjusting their...
July 4th, 20190It has been a particularly good week for the dry bulk market, with average earnings for all sizes except handysizes soaring. The steady increase in the freight market has further stimulated the appetite of investors which have completed a substantial number of deals this past week with bigger bulkers also coming into the spotlight with...
June 27th, 20190Positive performances recorded for all bulker segments have pushed the dry bulk index to year-highs this week, and sustained the recent bullish sentiment in the sale and purchase market. With around a month to go until the Greeks take to their superyachts volumes of deals as well as prices are set to climb higher. According to...
June 20th, 20190Firming sentiment among larger bulkers with iron ore trades picking up has resulted in an uptick of S&P deals. The Baltic Dry Index has been steadily climbing back into firm four-digit territory since May to the relief of owners across the world. Similarly the continued surge of MR tanker sales shows no sign of abating this...
June 6th, 20190The general sentiment across the dry bulk market seems to be moving in a positive direction finally with a steady performance recorded across all segments in the past week, especially in the larger size segments. This has also been reflected in the stabilised sale and purchase prices. The volume of concluded deals also shot up this week...
May 30th, 20190This past week has seen healthy activities continue in the sale and purchase market in both the bulker and tanker segments with investor confidence further strengthened by the positive sentiment in the chartering markets. That confidence can also be reflected in the newbuilding market, which saw a generous round of fresh deals surfacing...
