• Dry-Bulk-FFA-Panamax-Index-At-No-Support-Zone-2902.jpg
    Dry Bulk FFA: Panamax Index At No Support Zone
    The USD 6,459 support has now been broken with the index continuing to make lower lows. We maintain our view that from a technical perspective this is still a dangerous area to sell, due to the momentum indicators remaining oversold. Read more
  • Shipping-Money-Makes-The-World-Go-Round…-2901.jpg
    Shipping Money Makes The World Go Round…
    The vast majority of the world’s trade in goods is moved by sea, and it has long been recognised how shipping is a critical element of the global economy, providing the connection between producers and consumers all over the planet. However, what is less frequently mentioned is the tremendous ‘value for money’ with which it does so; this is clearly worth a closer look… Read more
  • Baltic-Index-Inches-Lower-on-Weak-Demand-2900.jpeg
    Baltic Index Inches Lower on Weak Demand
    The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell marginally on Tuesday as improved capesize rates failed to offset lower rates for panamax and smaller vessels. Read more
  • Dry-Bulk-FFA-Supramax-Markets-Still-Bearish-2899.jpg
    Dry Bulk FFA: Supramax Markets Still Bearish
    Supramax Index- Continues to be bearish but on MA support, upward moves that fail at USD 9,000 would imply further downside continuation. Read more
  • Dry-Bulk-Market-FFA-Panamax-Index-Oversold-says-Broker-2898.jpg
    Dry Bulk Market: FFA Panamax Index Oversold says Broker
    Panamax Index Weekly Support – 6,459, 5,948, 5,122, Resistance – 8,388, 8,857, 9,403 Read more
  • Asian-MR-Market-Shows-Signs-of-Recovery-2897.jpg
    Asian MR Market Shows Signs of Recovery
    A new lease of life has been breathed into the ailing Medium Range (MR) tanker market in Asia. The MR market has been mired in a slump in recent months, with TC11 rates sinking to a multi-year low of $240,000 in April on the back of lower product exports from China and South Korea. The lumpsum rate for TC11 has since rebounded by $50,000 to $290,000 due an influx of activity in North Asia. Read more
  • Dry-Bulk-Market-Recovery-Hinging-of-Slower-Fleet-Growth-2896.jpg
    Dry Bulk Market Recovery Hinging of Slower Fleet Growth
    When all has been said and done, the recovery of the dry bulk market is down to a number of factors, with the prevailing one being the significant reduction of the dry bulk fleet’s growth. Thankfully for ship owners, this seems to be evolving to a much more stable trend, at least according to dry bulk ship owner Jinhui Shipping. Read more
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