Cement News tagged: Freight Markets
Markets somewhat in limbo late-August
With Panamaxes having been very much in the centre of attention during the past week, the market as a whole seems to have taken on a stroll along the beach. Without direction or a real pace, the mar
Relax its summertime
The heat that took the market up a little last week didn’t last long and rates started to level out or even decline over the last trading days. However the average daily returns remain very high
Bulk rates look for direction
Despite that rates ended the week with figures lower than seven days before, the market showed that it can still be prompt to react to any tiny signal coming from demand. It has especially been the ca
Rates now on the rise
Despite the announcement that Chinese industrial production is feeling the first effects of the credit squeeze organised by local authorities to avoid overheating, dry bulk markets have again experien
Rocket-style take-off
Despite the announcement that Chinese industrial production is feeling the first effects of the credit squeeze organised by local authorities to avoid overheating, dry bulk markets have again experien
Start summer scale-down
With spring coming to an end and the summer to commence, business is starting to scale down to summer levels as could be expected. All bulk rates continued to be under pressure and slipping gradually
Navigating in troubled waters
While charterers are now firmly back on the Cape market especially in the East with a higher number of fixtures reported and rates at least stabilised, Panamaxes and Handies are navigating into troubl
Markets continue to fall
The firmer trend that started to push up Capesize rates last week continued throughout most of the week however ended on a weaker note. The Panamax market remained similar to last week with still a lo
Downward pressures deepens
Huge import stockpiles in China, linked with less port congestion, and the first effects of credit tightening measures taken by the government have badly affected the markets this week, despite the st
Waiting for the upturn
The longer you can wait the more you win, could be the best way to describe charterers’ position this week on almost all dry bulk markets. No clear sign of any upward trend in the short term has
Going strong but no storm yet
After the strong correction recorded last week on all dry bulk markets and as expected by most players the overall situation stabilised over the last five trading days. Capes continued to lose some gr
Wait-and-see
All dry bulk markets recorded a strong correction, which surprised everyone. Contrary to the previous weeks the Capes have been the most affected in this global downturn. The feeling is that it is an
Panamaxes slip, Handies follow
The overall upward trend the market recorded last week was short -ived and figures started to fall again. Panamaxes were the first and the most affected by the downturn, as the grain season is startin
Markets are looking up
After several weeks of a steady fall, rates seem to be on their way up again for all sizes. Capes were prompt to react especially in the Pacific and the number of ships open remains limited. The Panam
Cautious optimism for intensified trading
The dry bulk market sees through a static period at the moment. With the Easter week having passed, a rather dull period is hoped to have come to an end. The future prospect of intensified world-wide
Rate improvements across the board yet to materialise
After a short pause marked by the spot Cape market during the previous week, the last five trading days have recorded a deeper dive of rates. In a low volume of business Capesize rates have fallen bac