Drybulk Outlook: Watch Out for Supply Side Jolts
For maritime industry participants, December is a time for looking backward- what happened in the past 12 months, and looking ahead, at what might happen in
For maritime industry participants, December is a time for looking backward- what happened in the past 12 months, and looking ahead, at what might happen in
Even though it has pulled back from its October highs, the drybulk market is still of keen interest, if the attendance at last week’s Marine Money conference
By Jonathan Saul and Simon Jessop LONDON, Nov 12 (Reuters) – Shipping companies that transport the world’s coal are in the crosshairs of
Savvy traders, analysts and math whizzes had seen it coming- the drybulk market’s “parabolic rise” during September was simply not sustainable. Big
Oct 29 (Reuters) – The Baltic Exchange’s dry bulk sea freight index eased on Friday and posted its biggest monthly fall since January 2020, hurt by
The drybulk market, described a few weeks ago as “overheated” or “on fire”, has been inching back to a calmer and cooler situation. Interestingly,
The Baltic Dry Index, at 4,257 points, has now fallen over 24% from its 13-year peak earlier this month. Oct 25 (Reuters) – The Baltic Exchange’s
“Our market is in fire”, were the words of DNB shipping analyst Jorgen Lian began the session covering drybulk shipping sector at the Capital Link Shipping
The drybulk market, where large deepsea vessels transport unpackaged (therefore, “bulk”) cargoes of iron ore, coal (for heating and for steel making),
Oct 6 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index extended its rally on Wednesday as robust demand and port congestion
The chaos in container shipping has forced some brands like Home Depot, Ikea and Costco to get creative with their supply chains. We can now add The Coca-Cola
By Ashitha Shivaprasad Sept 30 (Reuters) – The Baltic Exchange’s main sea freight index eased on Thursday, but still gained about 53% for the
The Baltic Dry Index set its all-time record of over 11,000 points during the 2007-2008 commodities super cycle. Could we be headed for super cycle 2.0? Sept
By Bloomberg News (Bloomberg) — China’s power crisis looks set to spur it to import more coal from a wider range of producers, putting it into
Sept 27 (Reuters) – The Baltic Exchange’s main dry bulk sea freight index rose to its highest level in 13 years on Monday, bolstered by robust
Broad sell-off in bulk shipping stocks even as Baltic Dry Index hits 12-year high. GNK -11%, GOGL -13%, DSX -11%, EGLE -11%, SB -9%. By Ashitha Shivaprasad
By Alex Longley (Bloomberg) In an already banner year for shipping, commodity carriers just saw their biggest daily gain in a decade. Average rates for giant
By Karl Plume and P.J. Huffstutter (Reuters)– Much of Louisiana Gulf Coast grain exporting capacity remained shuttered on Friday, as flooding and power
By Damian Shepherd and Alex Longley (Bloomberg) — For a glimpse at how fast demand for commodities has rebounded in the wake of the coronavirus, look no
Aug 17 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a sixth
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