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Dry Bulk Q1 commentary

• Q1 period rates for bulk carriers have increased across the board, capesize rates are up 42% compared to the same period last year. However,

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Has the pandemic had an impact on slippage and orderbook levels?

Overall current orderbook levels are low on the whole both for tankers and dry and this is allowing the yards to manage orders efficiently which is one of the reasons why slippage- the amount of ships due to be delivered during a certain period that are shunted over to the next- levels have been on the low side and the performance of shipyards has been remarkably solid considering the pandemic.

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​Capes lead Bulk Carrier rally

As we approach the traditionally stronger second half of the year, we are starting to see improved rates for dry bulk but is this uptick down to the usual seasonality or are there other underlying reasons behind this current market rally?

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China -US trade war update

Following the conclusion of the three-day trade talks this week between US and Chinese officials, in a bid to resolve the ongoing trade war between the two countries, both sides have released statements.

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Interview with a CEO

With the New Year and the new IMO Sulphur cap regulations come into force, we interview the CEO of a major shipping company to get their perspective on the future of decarbonisation in the maritime industry.

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