Dry bulk newbuild contracting fell 34.2%, despite a strong market : BIMCO
LONDON : “During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase in prices could be deterring contracting, yet in
Dry Bulk Market: Freight Rates and Ships’ Prices on the Rise
ATHENS : The dry bulk market is witnessing a “euphoria” phase of past times, with freight rates and asset prices on the rise over the past few weeks. In its latest weekly report, shipbroker
Dry Bulk Market move higher last week, but Capesizes lost ground
LONDON : Dry Bulk Market move higher last week, but Capesizes lost ground, according to latest report released by Baltic Exchange. Capesize The Capesize’s had a slow start due to holidays in Asia, leading