USG Supramax demand still lower than expected
The US Gulf (USG) Supramax freight market remained relatively quiet over the month, although market participants expected firmer rates for September laycans. Transatlantic voyag...
Capesize
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USG Supramax rates inched up across all trades
USG Supramax ship owners enjoyed another month of positive corrections for spot shipments. Spot tonnage vs cargo ratio was gradually shifting towards owners’ favour, giving the ...
USG Supramax market evolving in owners’ favour
The USG Supramax freight market followed a positive mode this month. There was an overall increase in activity and fresh cargoes across major routes. Players tried to adapt to o...
USG Supramax freight market facing uncertainty
The USG Supramax freight market had a volatile month. At the beginning of the month, rates skyrocketed on all routes, amid rising bunker prices and increased uncertainty for own...
USG Supramax market presents a mixed picture
The USG Supramax spot freight market started the month on a strong mode with owners being able to maintain robust levels. But by the second half of the month, sentiment softened...
Freight: 30m dwt of scrapping needed
With newbuilds arriving faster than owners are able to scrap their old carriers, the growing oversupply in the dry bulk shipping market is clear. Higher levels of ship scrapping...
Shipping market set for multi-year recovery
Despite bouncing back from the historic lows seen in February 2016 (290 points on 10-11 February), the Baltic Dry Index (BDI) continues to experience downward trends, as seen in...
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 i...
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 h...
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.