The Handysize shipping market continues to soften in ECSA . Freight rates are sliding down amid sharpening cargo/tonnage imbalance in the region.

Carriers Sales & Purchase Market Report, Week 27

SSY ATLANTIC CAPESIZE INDEX 01 JULY 2024

SSY PACIFIC CAPESIZE INDEX 01 JULY 2024

The Houthis have escalated their maritime attacks in the Middle East, claiming to have launched a homemade hype

Golden Destiny Market Report Week 26. You will find the following: -Weekly S&P Market Report (Week 26 – Report No 26.24)

Teh-Hu Steamship have committed their Capesize “Courageous” 181/2016 SWS, China (SS/DD 11/2026, BWTS fitted)

The week ends with a ream of VLCCs disappearing quietly without much info circulating. Rates have held steady for the most part

MR tankers, the workhorses of both the clean and occasionally dirty product markets form the largest segment of the tanker industry.

The summer doldrums continue. Slow demand, Chinese ships for Chinese cargoes, and many other deals remain mysteries with no rates reported.

Carriers Sales & Purchase Market Report, Week 26

2023 was a very positive year for global iron ore trade. In Jan-Dec 2023, global loadings ofiron ore increased by +5.1% y-o-y

Despite increasing prices, the orderbook for the four main vessel categories (bulk carriers, tankers, containers & gas carriers above 10,000 DWT)

Building upon our prior analyses which explored the sales & purchase, and contracting activities within the dry bulk and tanker sectors for the year 2024

The Chinese property market is facing a deepening crisis, as evidenced by recent downgrades from global credit ratings firms.