NEW BUILDING: Jiangnan Shipyard have announced orders from AW Shipping (JV between ADNOC & Wanhua Chemical)

Following a significant steep drop in Capesize spot rates, a processthat lasted almost two weeks

NEW BUILDING: A few orders to report this week with Hyundai Mipo making two separate announcements in the product tanker space.

As is always the case, every rally is followed by a correction, something that is currently taking place

NEW BUILDING: In dry, New Dayang have announced orders for two 51,000dwt bulk carriers from Zhejiang Shipping Group

NEW BUILDING: Just a couple of orders to report this week. Greeks have announced an order

NEW BUILDING: In dry, Norden have announced orders for 4 firm 61,000dwt Ultramax at NACKS

NEW BUILDING: Just one order to report this week, with Boreal Transport (Norway) announcing contracts

Record breaking jump in Capesize spot is a game changer – Last week was one of the most exciting weeks in many years

NEW BUILDING: Just one tanker order coming to light this week, with Greeks ordering one 112k Aframax

NEW BUILDING: In the Tanker market – Hyundai have announced they have signed contracts

Capesize rates jump, but Vale’s news take some steam out of recent rally – Increasing cargo flow in the Atlantic,

NEW BUILDING: It’s understood that clients of Pleiades Shipping have finalised a contract for 1 firm 115,000dwt crude

NEW BUILDING: Clients of Neda Maritime have finalised contracts for one firm plus one option 115k LR2

Expectations run high as traders chase global rebound signs – A small recovery in Capesize rates over the last two weeks brought some much-needed optimism back into the dry bulk market.