Cement News tagged: Freight Markets
Freight rates continue to fall
While all dry bulk shipping markets are still nose-diving towards levels now deeper than last year’s lowest figures, many raw material producers are busy announcing production increases. Austral
Still no sign of any rate upturns
As dry bulk shipping markets yet do not seem to see the bottom of their diving trip, most industry players still analyze this situation as a short term correction and remain confident on the long run.
Markets still point downwards
The wind of optimism is no longer blowing in dry bulk shipping these days. While on one side China progressively unchains its custom control on some raw materials, the government is tightening its gri
Outlook suggests rate decline to accelerate
Too far, too fast? The fall recorded in most shipping markets (except for containerships so far) has made this week its first "victim". The now famous and successful tanker owner TOP who wanted to str
Freight markets look for direction
With the freight market still on a downward trend the news this week mainly focused on commodities. First on Wednesday the IISI published its monthly report on world crude steel production, confirming
Steelmaker plans could affect longer-term rates
While European steelmakers are, one after another, sending warnings about their financial results for the year 2005, the Chinese steel and coal sectors are on the edge of a global restructuring moveme
Some stability after recent falls
While things are stabilizing on most dry bulk market after the quite sharp fall recorded over the last two weeks, the whole dry bulk shipping and industrial world is living with the almost daily annou
Rate falls in most sectors
There is a sharp contrast at presenrt between the drastic fall recorded on most dry bulk markets and the overall optimism that still apparently prevails in the news with most articles or press
Rates holding firm in unsettled markets
Despite the uncertainty some analysts have recently expressed (again) about the course and speed of the Chinese economy - particularly concerning the steel demand, elsewhere the need to ensure the sup
Markets remain unsettled
The news front the week has been marked by the troubled negotiations on steel prices between Chinese steel mills and their suppliers. After mills accepted the now benchmark level of 71.5 per cent rise
Market activity reflected in increased rates
Last week was not so quiet on dry bulk markets despite the absence of some players for Easter festivities by the end of the week. This steady level of fixtures stopped the fall in Cape rates. Situatio
Hot and cold news influences markets
The lack of business that started to weigh down the Cape market last week has kept on bearing on the figures this week. However the last two trading days have seen some fixtures and stems coming to su
Mixed signals in the dry bulk sector
Contrary to last week where almost all dry bulk markets levelled off, freight rates evolution this week started to diverge. The Capes did not confirmed the positive outlook promised by
The downs and ups of freighting costs
Despite the rather unanimous fall in rates recorded this week, which is in line with what had been anticipated, the last 24 hours of the week have given some signals of an upward trend. Everyone
Rates keep on rising
After the upturn of the market last week, rates have kept on rising over the last five trading days. Levels which were talked about a week ago have been achieved for all segments of
Volume of business improving
The wait and see feeling which was widely shared last week doesn’t seem to be charterers’ view any longer. The volume of business this week has been firmer on almost all segments of