Capesizes have caught up with smaller bulkers and could regain their hold in spot market

Booming rates Ultramax rates for one-year have seen a year-to -date increase of 61% with the April average for one-year at $18,500/pdpr* according to Alibra’s timecharter estimates. Meanwhile cape rates continued to rise at a slower rate of 42% but then earlier this month the BCI soared thanks to … [Read more...] about Capesizes have caught up with smaller bulkers and could regain their hold in spot market

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, the smaller sizes have seen the biggest jump in rates with handysize timecharter rates for one-year almost doubling year on year to an average of … [Read more...] about Dry Bulk Q1 commentary

China to the rescue: Country’s recovery a positive sign for otherwise gloomy tankers

17 November 2020 by Rebecca Galanopoulos Jones With a bleak outlook for tankers as we approach the end of the year and moving forward in to Q1, recent figures coming out of China are presenting some hope for the weak tanker market. The main economic indicators from Beijing are pointing to a … [Read more...] about China to the rescue: Country’s recovery a positive sign for otherwise gloomy tankers

Capesize momentum expected to continue in the short term – Alibra cape insight September 2020

This week the capesize time charter rates have balanced out from the recent downward trend and as such, rates have remained flat. Given the positive momentum of the capesize spot market this week which, based on Chinese iron ore demand, is expected to continue to the end of the month at least, we … [Read more...] about Capesize momentum expected to continue in the short term – Alibra cape insight September 2020