Amidst the chaos and uncertainty, analysts find it difficult to estimate the exact impact of the coronavirus on the multipurpose and heavy-lift shipping industry but certain is that key markets and competing sectors are heavily...Read more
Baltic Dry IndexThe Baltic Dry Index has dropped to its lowest point in four years time as a result of the coronavirus, IMO 2020 and seasonality. The index currently stands at 487 points, down more than 1,100...Read more
Dry Bulk IndexThe Baltic Dry Index on Monday reached its highest peak in more than five years. The index grew by 3.4% to 1,928 points, its highest point since January 2014. In the past month, the index...Read more
Hopes of a dry bulk recovery have diminished now that day rates for Kamsarmax and Supramax bulkcarriers have nosedived and declined with as much as 40% since October last year. That could lead to increased...Read more