Cement News tagged: Freight Markets
Downward trend still prevalent
As it had been widely expected, the currency changes operated by China have not provoked any shock on the shipping markets and they strongly refuted this week to have plans to make some further moneta
Freight market looks to China - again
The dry bulk markets were really waiting for good news for quite some time now and the disconnection between the Yuan and the dollar decided last week, despite its limited scope, is definitely a good
Freight market comeback later this year?
While the Cape market is climbing alone at present, it increasingly seems that everyone is preparing again for a comeback of demand but don’t know yet what impact this will have on the figures.
Freights: down but certainly not out
While dry bulk freight markets are not clearly showing the way for a hard or a soft landing, particularly this week with strong divergences between the Capes and the smaller sizes, it still seems that
Have rates reached the bottom for 2005
It is certainly a bit early to be too enthusiastic but the gains recorded this week on the Cape market show that we have perhaps touched the bottom for this year. With China still rejecting the pressu
Freight rates continue to fall
While all dry bulk shipping markets are still nose-diving towards levels now deeper than last year’s lowest figures, many raw material producers are busy announcing production increases. Austral
Still no sign of any rate upturns
As dry bulk shipping markets yet do not seem to see the bottom of their diving trip, most industry players still analyze this situation as a short term correction and remain confident on the long run.
Markets still point downwards
The wind of optimism is no longer blowing in dry bulk shipping these days. While on one side China progressively unchains its custom control on some raw materials, the government is tightening its gri
Outlook suggests rate decline to accelerate
Too far, too fast? The fall recorded in most shipping markets (except for containerships so far) has made this week its first "victim". The now famous and successful tanker owner TOP who wanted to str
Freight markets look for direction
With the freight market still on a downward trend the news this week mainly focused on commodities. First on Wednesday the IISI published its monthly report on world crude steel production, confirming
Steelmaker plans could affect longer-term rates
While European steelmakers are, one after another, sending warnings about their financial results for the year 2005, the Chinese steel and coal sectors are on the edge of a global restructuring moveme
Some stability after recent falls
While things are stabilizing on most dry bulk market after the quite sharp fall recorded over the last two weeks, the whole dry bulk shipping and industrial world is living with the almost daily annou
Rate falls in most sectors
There is a sharp contrast at presenrt between the drastic fall recorded on most dry bulk markets and the overall optimism that still apparently prevails in the news with most articles or press
Rates holding firm in unsettled markets
Despite the uncertainty some analysts have recently expressed (again) about the course and speed of the Chinese economy - particularly concerning the steel demand, elsewhere the need to ensure the sup
Markets remain unsettled
The news front the week has been marked by the troubled negotiations on steel prices between Chinese steel mills and their suppliers. After mills accepted the now benchmark level of 71.5 per cent rise
Market activity reflected in increased rates
Last week was not so quiet on dry bulk markets despite the absence of some players for Easter festivities by the end of the week. This steady level of fixtures stopped the fall in Cape rates. Situatio