Dry bulk stocks

Oil Prices and Dry Bulk Stocks, Is Super Cycle Beginning?

  • Dry bulk stocks were the best performers (up 50.3% YTD) among the sectors we cover. and are pricing in 1.34x times NAV on average.
  • The time-charter rates too are at a multi-year high. All these developments have created a buzz and around a potential market ‘Super cycle’.
  • In the second week of February, the derivative dry freight market recorded the best week of the 21st century with trading notional volume exceeding USD 1bn.
  • It is since more than 75,000 contracts were traded (data from FIS)...

https://mfame.guru/oil-prices-and-dry-bulk-stocks-is-super-cycle-beginning/

Strange Q1 For Dry Bulk Shipping As Smaller Bulkers Earned More Than Capesizes

It has been a particularly strange Q1 for dry bulk shipping. Usually, the larger ships — Capesizes with capacities of around 180,000 deadweight tons (DWT) that carry iron ore and coal — do poorly all quarter. This year, they did better in January than they had in a decadebefore succumbing to their usual slump, reports Freight Waves.

An odd occurrence

Then came another oddity: The smaller bulkers began earning much more money than the Capesizes. As of Tuesday, Handysize bulkers (up to 35,000...

https://mfame.guru/strange-q1-for-dry-bulk-shipping-as-smaller-bulkers-earned-more-than-capesizes/