Despite the recent downturns in the sub-continent markets, which have seen prices correct by as much as USD 25/Ton of late, levels still remain at historically impressive highs across the sub-continent markets. Not since the glory days of 2008 have we seen prices so high (when the USD 800/LDT mark was breached). Notwithstanding, levels in the mid USD 600s/LDT are still very impressive and are certainly the highest we have seen for nearly 12 years now. Yet, despite the pessimism from End Buyers, there is a permeating impression from some ...

A mere breath away from the start of Q4 and most (if not say all) parties involved in the dry bulk market

Anchor Shipbroking Weekly Market Report – Week 37 2021

In the following table you will find the total ship sales for last week.

After three consecutive weekly declines, the SSY Pacific Capesize Index returned to growth, rising by 1,456 points to 11,624.

The SSY Atlantic Capesize Index rose by 1,529 points week-on-week to 17,150. The round-voyage rate climbed by $7,000/day to $64,500/day

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO in the main world hubs) did not have firm trend on Sep.17: 380 HSFO – USD/MT – 476.57 (-1.36) VLSFO – USD/MT – 573.85 (+1.29) MGO – USD/MT – 667.05 (+0.88) The MABUX ARA LNG Bunker Index – the average price of LNG as a marine fuel in the ARA region – showed moderate growth on September 20: 1055.25 USD / MT (plus 1.52 USD). The MABUX LNG Bunkering Index exceeds the cost of ...

The news that the Nigerian National Petroleum Company (NNPC) intends to take a 20% stake in the $18 billion under-construction Dangote

In the week ending Sep-17, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 4205.4 points

After a brief spike at the end of last week, the Atlantic basin has been very quiet as we are starting to see October VLCC stems

The New ConTex increased by another 55 points this week. Month-on-Month figures are not up by as many percentage points as before

Teh-Hu Steamship have committed their Capesize “Prosperous” 179/2011 Sungdong, Korea (SS 04/2026, DD 05/2024, BWTS fitted)

Iron ore prices continue their free fall and are being a sentiment dampener for the subcontinent recycling market

Agora Shipbroking Corporation: Snapshot of Commercial Indicators Report – Week 36 2021

NEW BUILDING: In tankers this week, Vitol announced ordering two firm battery-hybrid fitted 8k dwt bunkering vessels at an unknown Chinese shipyard