Market
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News
Ship Recycling Market in Limbo
A mismatch is evident in the ship recycling market, as yards are not willing to match the prices on offer.…
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Long-term ocean freight rates hit two-year low just as record new levels of ships enter the market and overcapacity adds further pressure
Global long-term shipping rates sank to a two-year low in July, with the latest data from Xeneta’s Shipping Index (XSI®)…
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Dry Bulk Market: Capesize Segment Edged Higher This Week
Capesize After a slow beginning to the week, the Capesize market experienced a surge on Wednesday with a rise of…
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Dry Bulk Market: Japan’s Iron Ore Demand Keeps Retreating
Iron ore demand from Japan have been steadily falling over the past few years, even before the pandemic and so…
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Dry Bulk Market: Russia’s Exit from the UN Black Sea Grain Initiative Will Have an Impact on Market
The dry bulk market will be effected by Russia’s exit from the UN Black Sea Grain Initiative. In its latest…
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