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  • Abu-Sayyaf-beheads-2-Vietnamese-hostages-military-2908.jpg
    Abu Sayyaf beheads 2 Vietnamese hostages – military
    (CNN Philippines, July 5) — The Abu Sayyaf group beheaded two Vietnamese nationals held hostage for almost eight months, the military said Wednesday. Read more
  • Multipurpose-shipping-market-to-strengthen-on-growing-demand-2907.jpg
    Multipurpose shipping market to strengthen on growing demand
    Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for all vessels in the multipurpose shipping sector, according to the latest Multipurpose Shipping Market Review and Forecast report published by global shipping consultancy Drewry. Read more
  • Dry-bulk-and-tanker-newbuild-contracts-20-higher-than-2016-2906.jpg
    Dry bulk and tanker newbuild contracts 20% higher than 2016
    Newbuild contracts have been signed for the dry bulk and tanker shipping industries at an increasing pace so far in 2017. The newbuild activity for the first half of 2017 has surpassed the same period last year by 20%. 5.9 million DWT was contracted in May 2017 and 3.1 million DWT so far in June 2017, which brings the total amount of newbuild orders up to 19.6 million DWT for 2017. Read more
  • Dry-Bulk-FFA-Supramax-Index-Firming-Up-2905.jpg
    Dry Bulk FFA: Supramax Index Firming Up
    The Supramax index remains in its technical support zone with pricing in the middle of the range. Read more
  • Dry-Bulk-Indian-Iron-Ore-Exports-One-To-Look-Out-For-Again-2904.jpg
    Dry Bulk: Indian Iron Ore Exports: One To Look Out For Again?
    While Australian and Brazilian exports are expected to be the key drivers of seaborne iron ore trade growth in 2017, shipments from elsewhere are projected to rise 11% to 250mt this year. This partly reflects a surge in Indian iron ore exports, which were almost fully eradicated by government policies by 2015. This month’s Commodity Countdown explores the highs and lows of Indian iron ore exports. Read more
  • Dry-Bulk-and-World-Economy-A-glimmer-of-hope-2903.jpg
    Dry Bulk and World Economy: A glimmer of hope
    Demand for dry bulk commodities from emerging economies could be set for a rebound. In its latest weekly report, shipbroker Allied Shipbroking noted that “during the past weeks, we have seen many organizations and think tanks show a more optimistic face with regards to the world economy. Read more
  • 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
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