Cement News tagged: Freight Markets
Upturn in market but will it last?
The market has been desperately waiting for a clear signal since mid-summer this year, and finally this week the Cape market took the driving seat in an upward trend, not only with the BCI breaking
Iron ore news dominates market trends
Iron ore developments have tended to dominate market discussions over the past fortnight especially with the merger process between Tata steel and Corus going one step forward this week, after Corus’
Some differing trends noted in early October
Some volatility in the markets this week with the different segments showing some differing trends. It seems that forward positions taken on derivatives are partly involved in this upward movement in
Some nervousness lower down the scale
The lower financial results of some owners have progressively disclosed in their half-year reports and the correction recorded recently on the freight market have failed to dampen most dry bulk market
A steely resolve for the shipping sector
With steel markets still showing no signs of easing and steel production in China alone likely to reach 424Mt by the end of this year. Some analysts already forecast another rise in prices for the
Taking a longer-term view
Now, apparently is the time to negotiate period business and the larger contracts of affreightments (coa). This trend has been widely driven by the recent upturn of most commodity prices even if over
Steel mergers to impact on shipping?
The now approved Arcelor-Mittal merger has provoked a wave of reactions amongst steelmakers; the Chinese ones of course but also the Japanese who are now pushed towards consolidation to be able to pla
Market fundementals promote rate gains
As freight rates are still improving, rumours and discussion are multiplying about long term time charter deals, but further to this seasonal movement another question has arisen: is it the right tim
Time for quiet reflection
While a clear direction seems still to be hard to find on the freight market, things have at least stabilised last week with very quiet activity. On the news front nothing has arisen concerning the ir
Handy trades influenced by in-bound US cement traffic
“Different companies, different minds, different moods” seems to be the weeks’ characteristic. Within all sectors of the bulk market, companies seem to be looking in different directions, triggering d
All quiet on the western front
World crude steel production topped 1.1bn tonnes for the full year 2005 and according to the first 2006 results this figure, despite a limited slow down, could reach 1.2bn tonnes by the end of the yea
Markets tending to firm up once again
Tension mounted last week between iron ore suppliers, particularly Australia, and their main client, China, which does not help to clear the view about which direction the market could take for the re
Handies and Panamax sectors start to climb
Steel, then iron ore and now coal… this week has been widely animated by the coal sector with the disclosure of the long term Chinese government program to shut-down 70 per cent of small-sized mines b
Some signs of rate improvements
In a week where the dry bulk market has proven that freight rates can react quite quickly to a come back of charterers, all the minds seem to be occupied by one word: “consolidation”. From the steel i
Rates still being held down
Is it the start of a new merger wave? Many things tend to prove that our dry bulk markets have already entered into an M&A cycle. This state of facts is even reinforced by the downward trend recorded
Some falls but outlook remains fair
Despite a start to the year that was not as "red hot" as last year on dry bulk shipping markets, optimism still seems to be prevailing among raw material producers. Last week some good prospects have