Freight Markets

09 April 2014

Mediterranean reluctance, Indian Ocean steady

Owners of dry bulk vessels operating in the Mediterranean are reluctant to take short inter-Med cement or clinker voyages, due to poor rates and lack of cargoes, especially in the eastern Mediterranean, according to Clarksons, the international shipbroker. Instead, owners are optin...

30 August 2013

Dry bulk freight market lifts on capesize advance

The dry bulk freight market appears to be picking up as capesize vessels are reported to leading the uplift. The Baltic Dry Index has started to show some improvement although it slipped slightly from 1156 to 1146 in...

05 August 2013

Quiet handysize and panamax markets, capesize promising

Traditionally a more quiet time of the year, the freight market does not delivery any big surprises. Handysize and panamax markets see available shipping capacity outnumber actual cargoes. In the capesize market, cha...

11 March 2013

Freight prices to receive triple boost

As an oversupply in shipping capacity continues to plague the dry bulk freight market market with the Baltic Dry Index bumping along the bottom, there may be some signs of improvement. Higher forecast demand for comm...

23 November 2012

Low Paraguay river makes INC clinker transport difficult

The low levels of the Paraguay river are making transport of clinker more difficult. The current water level is adding 20% to the clinker transport bill of Industria Nacional del Cimento (INC), according to its presi...

21 November 2012

Sharjah Cement Factory signs MoU with Etihad Rail

UAE’s Sharjah Cement Factory has signed a memorandum of understanding with Etihad Rail which will enable the cement producer to transport more than 5Mta of cement and raw materials, more than half the company’s curre...

19 November 2012

India’s cement transport by rail falls 11.8 per cent

A rise in freight charges has seen a drop in cement volumes carried by Indian Railways. In August, cement volumes carried by rail fell 11.8 per cent YoY to 7.52Mt as rail fares saw an increase of as much as 24 per ce...

20 September 2012

Atlantic basin rates fall but Capesize provides positive note

After hitting a new record low for the year at 661 on 12 September, the Baltic Dry Index edge up again to 772 one week later. Dahlman Rose attributes the increase to “modestly higher” Capesize rates. "Considering th...

06 September 2012

End of holidays provides varied freight pricing

The end of the holiday season in various parts of the world provided the freight market with a varied mix of price trends. In the Handysize market prices appeared to be stabilising somewhat in both basins b...

22 August 2012

Dry bulk rates continue summer slip

The past fortnight has seen handysize and panamax rates decline considerably and the BDI is edging down towards a new low.

22 August 2012

Shipping rates soften across the board

With summer activity on the low side, shipping rates generally softened for Handysize, Panamax and Capes, both in the Atlantic and Pacific basins. With a more or less inactive Atlantic market, prices for charters wer...

22 August 2012

Handy and capesize markets soften while panamax continues climb

The Baltic Dry Index reflected the trends in the handy and capesize markets as it rose from 1103 to 1146 on 11 July, but then slipped to 1074 one week later. After a stable week ended 11 July, the handysize marke...

05 July 2012

Freight rates firm up after initial dip

Selected freight market trends 20.06-04.07.2012 The Pacific Handysize market has seen increased activity over the past fortnight with Pacific RV prices firming from US$4900/day on 13 June to US$8850/day o...

06 July 2012

Panamax picks up

Handysize rates cooled in both the Atlantic and Pacific basins. RV Atlantic rates fell from US$15,320/day on 30 May to US$15,000 a fortnight later. The slip in the Pacific market was even more marked as RV Pacific ra...

06 June 2012

Holidays make for cool start to the past week

Rates in the Atlantic generally fell in the larger vessel sizes but Handysize charters firmed during the past fortnight. In the Pacific, a similar trend was noted although the Handysize segment delivered a mixed perfo...

18 May 2012

Panamax registers record high for the year, but rest remains mixed

The Baltic Dry Index remained virtually flat since 25 April, climbing from 1137 to 1156 on 9 May, but then falling back to 1137 one week later. The Capesize market noted little movement this week with pric...