Cement News tagged: Freight Markets
Stronger signs in Panamax sector
Difficult to see where the market is going with mixed signals still the order of the day, unusual times, particularly in the heart of the winter period when things are usually a bit more obvious. In t
Dry bulk stability despite rate falls
While most rates had taken a southbound direction by mid week, pessimism does not seem to have spread out as far as the whole industry. One significant announcement has been made this week by a major
Markets still lack direction
Despite some improvement on the Capesize front the dry bulk market is still lacking direction particularly if we compare it to last year during the same period when rates were rocketing towards unprec
Activity levels down
In a market that lacks direction, the news coming from China is also playing on shipping players’ nerves. First the lobbying body of local steel makers, the CISA, announced that 48 producers "pl
Activity levels down
In a market that lacks direction, the news coming from China is also playing on shipping players’ nerves. First the lobbying body of local steel makers, the CISA, announced that 48 producers "pl
Market declines in evidence
More ships in the short term but more cargoes in the longer term. Rates have been dragged down this week by a list of prompt ships becoming longer than the number of stems to cover, particularly in th
Some more signs of winter rate rises
Despite rather normal volumes on the market this week people are getting a bit nervous as rates, however, have been on the rise, which could signal a stronger winter upturn than initially expected. On
Mixed signals from the markets
After both the Atlantic and Pacific Capesize markets softened a little bit, there were, however, some signs at the end of last week showing for a slightly stronger trend this week, especially within t
Winter months point to higher freights
By the end of the week, while dry bulk markets have started marking a pause in the quite strong rise they’ve enjoyed over the last three weeks, players prepare themselves to further rise in fre
Higher freights expected this winter
By the end of the week, while dry bulk markets have started marking a pause in the quite strong rise they’ve enjoyed over the last three weeks, players prepare themselves to further rise in fre
New deliveries will probably influence rate trends
After eight months of already intense shipbuilding activity, the rest of the year could see almost the same pace of tonnage addition which means, more than one Cape size vessel delivered per week, nea
Some gains noted with markets firming
As expected, last week saw the Capesize market continuing to rise in both basins. In spite of uncertainty concerning the price evolution of raw materials, production targets are expected to be met. Si
Some signs of an upturn visible
Despite the fall in rates recorded over the last three/four months, owners have so far preferred to wait for a rebound. The upturn registered this week, at least on the Cape and Panamax markets, shows
Downward trend still prevalent
As it had been widely expected, the currency changes operated by China have not provoked any shock on the shipping markets and they strongly refuted this week to have plans to make some further moneta
Freight market looks to China - again
The dry bulk markets were really waiting for good news for quite some time now and the disconnection between the Yuan and the dollar decided last week, despite its limited scope, is definitely a good
Freight market comeback later this year?
While the Cape market is climbing alone at present, it increasingly seems that everyone is preparing again for a comeback of demand but don’t know yet what impact this will have on the figures.