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Wednesday, 31 August 16
THE DRY BULK MARKET MANAGED TO FIND FURTHER SUPPORT DURING THE LAST DAYS OF THE SUMMER SEASON - INTERMODAL
PanamaxThe Dry Bulk market managed to find further support during the last days of the summer season, with the BDI climbing above 700 last Friday, reaching levels last visited over a month ago.

According to Intermodal, the extended improvement, which  was particularly impressive in the case of the Capesize market, proves recently formed expectations of a stronger “back to school season” correct, while at the same time sentiment across the market appears to be steading.

Additionally, the broker further noted, we reiterate our opinion that the fact that earnings did not crash during the quiet summer months is in itself an encouraging sign that a strong bottom has been created and that a healthier remainder of the year could be well ahead if activity in key trading regions offers the expected support. As far as period business, interest remains concentrated around the smaller sizes and shorter periods,  with both charterers and  owners reluctant to commit themselves to longer contracts before a more clear view of what’s coming ahead is possible.

Despite a still very uninspiring Atlantic, the performance of the Capesize market in the East managed to support rates for the segment overall, with expectations for another positive week ahead,  while period interest remains limited.

Commenting on Panamax, Intermodal says, rates for Panamaxes were the only negative exception, as weak trading in both the USG and North Atlantic  combined with overall flat markets in South America and the East, allowed charterers to exert pressure  throughout the week.

The market for the smaller sizes remained upbeat in most key trading regions for yet another week, with the Asian market holding firmly onto its recent gains as well, while period interest was mostly concentrated around  Supramax/Ultramax tonnage.


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Monday, 08 August 16
THE BALTIC EXCHANGE, TRACKING RATES FOR SHIPS CARRYING DRY BULK COMMODITIES SLIDE SLIGHTLY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Panamax and Supramax segments ending in ...


Monday, 08 August 16
ARE EXPENSES INCURRED DURING NEGOTIATION OF A PIRATE RANSOM RECOVERABLE IN GENERAL AVERAGE? - CLYDE&CO
KNOWLEDGE TO ELEVATE Facts The laden chemical tanker LONGCHAMP was transiting the Gulf of Aden on passage to Vietnam. The ship was subject t ...


Saturday, 06 August 16
DRY BULK SHIPPING CHARTER RATES TO RISE ON UNEXPECTED DEMAND GROWTH - DREWRY
Increasing trade and contracting supply will support a recovery in charter rates on major dry bulk shipping routes, with the prospect of China impo ...


Friday, 05 August 16
WEEKLY U.S. COAL OUTPUT TOTALED AN ESTIMATED 16.1 MMST IN THE WEEK ENDED JULY 30 - EIA
COALspot.com – U.S., the world’s second largest coal producers has produced approximately totalled an estimated 16.1 million short tons ...


Friday, 05 August 16
CAPESIZE : RATES ARE REMAINING AT DEPRESSING LEVELS DUE TO LACK OF FRESH CARGOES - FEARNLEYS
Supramax Last week has been one of the slowest for some time with rates under pressure in most areas. In its latest weekly report, shipbroke ...


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