Jay Goodgal

Does anyone remember the financial crisis of 2008? Politicians, bankers and corporate executives were playing down the potential of a financial crisis before it occurred… What goes around comes around....

In February 2014, the dry bulk shipping fleet and orderbook continued to grow. Shipowners and investors continued to order larger vessels more than offsetting newbuilding deliveries. The fleet also grew in each...

Dry bulk shipping was relying on a strong grain season in South America. Shipowners, investors and analysts, in particular, may need to reevaluate their expectations and forecasts. On March 12,...

Shipowners, investors and analysts, who have been expecting for some time to see the dry bulk orderbook, as well as the overall shipping orderbook, to decline and see less ships...

The dry bulk shipping market continues to see the fleet and orderbook grow.  In January 2014, the worldwide capacity of dry bulk vessels grew by nearly 8 million deadweight tons (dwt),...

The shipping recovery that is currently be discussed and propounded by analysts, shipowners, private equity investors and bankers is based upon an unstable financial system in China. China’s financial system...

“Dry bulk recovery on the way: We are upgrading our maritime industries view to “In-Line” from “Cautious” as we see improved market fundamentals entering into 2014. We expect dry bulk to outperform...

For the tanker market, the breakthrough in Iranian talks in November will have a significant impact on the VLCC tanker market. For curtailing its nuclear activities, Iran will benefit from approximately $7 billion in...

In 2013, the dry bulk fleet grew larger, the order book is increased, the age profile of the fleet is getting younger and shipowners slowed scrapping of vessels.  On the demand side,...

How does one invest in the shipping markets when the global economy is manipulated by central banks?

With nearly 16+ percent of the world dry bulk fleet due for delivery in the next 2 1/4 years, there will not be enough demand to support total capacity of...

The data is there and we had it checked by a producer in the industry...

Shipowners were lucky this year as newly proposed accounting standards have been delayed until at least 2015. The new rules would bring certain charters onto shipping companies’ balance sheets. Any...

"Without fundamental reform to rebalance the economy toward consumption and stimulate productivity growth through deregulation, [China's] growth is likely to slow considerably"

It was reported in Bloomberg’s “Chart of the Day” that the latest rally in iron-ore freight costs since 2009 has prompted shipowners to end the industry’s biggest scrapping program in at least...

The World Bank lowered its economic growth forecasts for 2013 and 2014 for China and most of developing East Asia. It cited slower growth in the world’s most populous country as well...

China’s corn self-sufficiency could fall to 93% by 2018 and to 90% by 2020, according to an executive in the corn division at state grain trading firm China National Cereals, Oils...

The Bloomberg consensus forecast for Asia’s 2014 GDP growth has slipped steadily during the past four months from 6.9% at the beginning of May 2013 to 6.3% as of September 23rd.  For...

I received an email from a friend containing the following cynical view of the shipping markets. It highlights the frustration among many older shipping industry participants regarding the flood of capital...

Tom Keene at the Bloomberg Markets 50 Summit in New York interviewed Jim Chanos, founder of Kynikos Associates Ltd., and Jim O’Neill, former chairman of Goldman Sachs Asset Management, about...