Weekly Bulk Report, Week 41, 2022

The Baltic Exchange has released a report about the dry bulk market for the 41th week of shipping activities this year. The report dated 14th October highlights the dry bulk market conditions at the on-sight of the 41th week.

Capesize

The Capesize market softened this week as a lack of fresh cargo and activity, particularly in the Atlantic hampered, efforts to push higher. The Capesize 5TC lowered 1909 over the week to settle at $17,965. A small uptick in sentiment to end the week may be a sign...

https://mfame.guru/weekly-bulk-report-week-41-2022/

Weekly Bulk report – Week 19, 2021

As the week progressed it became clear that the Capesize market wasn’t having a small retracement but was in for a more significant downturn as the 5TC dropped $6,972 week-on-week to settle at $34,542, reports Baltic Exchange.

Capesize

While Friday’s sharp selloff in the Pacific on the back of West Australia to China C5 fixtures gave clear market visibility, the remainder of the market was operating on low physical activity as dark clouds from the paper market ensured sentiment was poor across...

https://mfame.guru/bulk-report-week-19-2021/

Weekly Bulk Report – Week 17, 2021

The market is showing no signs of easing as rates continued to ascend this week reaching record highs for the 5TC average at $40,608, reports Baltic Exchange. 

Capesize

To be reminded of when these levels were last reached, the Capesize market traded under the 4TC routes and it was late Q3 2013. This week a stronger lift was realised from the trans Pacific C10 moving up $7,988 to $40,692, while the trans Atlantic C8 remains the premium-paying basin gaining $5,150 to $42,600. With relatively...

https://mfame.guru/weekly-bulk-report-week-17-2021/

Weekly Bulk Report – Week 11, 2021

The Baltic Briefing has released a report about the dry bulk market for the 11thweek of shipping activities of this year. The report dated 19thMarch highlights the dry bulk market conditions at the on-sight of the 11thweek.

Capesize

5TC Capesize market 

A steady build for the Capesize market saw the 5TC lift $2,696 to settle the week at $19,437. The trajectory of gains appeared more sustainable this week as pressure continued to build on charterers. 

Significant tail winds are thought to be...

https://mfame.guru/weekly-bulk-report-week-11-2021/

Capesize Business Falters Amid A Strong Handysize Market

The Baltic Briefing has released a report about the dry bulk market for the 48th week of shipping activities of this year. The report dated 27th November highlights the plight of the dry bulk market at the on-sight of the 48th week.

Capesize

The Capesize market this week continued its recent range bound sideways drift hitting a low of $11,996 Tuesday on the 5TC, before closing the week out at $12,712.

While the Pacific had more of a muted week, the Atlantic basin stepped up its activity with...

https://mfame.guru/capesize-business-falters-amid-a-strong-handysize-market/

Weekly Bulk Report – Week 34, 2020

The Baltic Briefing has released a report about the dry bulk market of the 34thweek of shipping activities of this year. The report dated 21stAugust highlights the plight of the dry bulk market at the on-sight of the 34thweek.

Capesize

The capesize market took a southerly direction this week and settled at $17,918, down -$1,998 week on week. 

Brazil to China C3

Brazil to China C3 trading activity saw numerous vessels snapped up and while the market anticipated a value lift, rates responded with...

https://mfame.guru/weekly-bulk-report-week-34-2020/

Weekly Bulk Report – Week 22, 2020

The Baltic Briefing has released a report about the dry bulk market of the 22ndweek of shipping activities of this year. The report dated 29thMay highlights the plight of the dry bulk market at the on-sight of the 22nd week.

Capesize
  • A sober end to the week, with the market seemingly ready for the weekend.
  • After a steady week of rate declines a small flurry of Atlantic business – combined with a little activity in the Pacific – managed to end the week up a tick.
  • While a bottom may have been...

https://mfame.guru/weekly-bulk-report-week-22-2020/

Weekly Bulk Report – Week 10, 2020

The Baltic Briefing has released a report about the dry bulk market of the 10th week of shipping activities of this year. The report dated 06th March highlights the plight of the dry bulk market at the on-sight of the 10th week.

Capesize

Little changed for the Capesize market over this past week as fixing levels continue to provide meagre earnings for owners across all routes.

Vessel demand continues to be grim and this has led many to sit idle in strategic locations, awaiting direction.

Bunker...

http://mfame.guru/weekly-bulk-report-week-10-2020/

Weekly Bulk Report – Week 7, 2020

The Baltic Briefing has released a report about the dry bulk market of the 7th week of shipping activities of this year. The report dated 14th February highlights the plight of the dry bulk market at the on-sight of the 7th week.

Capesize
  • Riding the downward momentum of the previous week, the market was always going to be hard-pressed to make any sort of revival.
  • With multiple drivers including Coronavirus, rail flooding in East Australia, rains in Brazil and a tropical cyclone in West Australia...

http://mfame.guru/weekly-bulk-report-week-7-2020/

Weekly Bulk Report – Week 50, 2019

The Baltic Briefing has released a report about the dry bulk market of the 50th week of shipping activities of this year. The report dated 13th December highlights the plight of the dry bulk market at the on-sight of the 50th week.

Capesize
  • It was one-way traffic for the Capesize market this past week, with all routes giving up value. While downward momentum may have slowed a touch by Friday, the Capesize 5TC took a trouncing, losing $5,702 to settle at an almost six-month low of $18,002.
  • Fixing...

http://mfame.guru/weekly-bulk-report-week-50-2019/