Commodity shipping has a well-deserved reputation for extreme volatility. The rise and expected fall in dry bulk is a case in point.
Five years after bringing dry bulk freight futures to the masses, Breakwave makes a splash in tanker investing.
The Baltic Dry Index has fallen 91% since October 2021 to one of its lowest levels ever, yet shipowners remain confident.
Rates and sentiment in dry bulk shipping have fallen hard. Economic pressures in China appear to be a major culprit.
Capesize bulkers haven’t earned this much since 2009, and freight futures just made “monstrous” move up.
Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.
Rates for smaller bulkers remain at decade highs with most dry bulk stocks up triple digits since November.
COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.
Dry bulk shipping rates are now double to triple five-year averages. Stock prices of dry bulk owners are on the ascent.
The bosses of public dry bulk shipping companies claim that recent market oddities point to good times ahead.
This has been the best January for dry bulk shipping rates in a decade. Is this the long-awaited turning point or yet another head fake?
Another key bellwether — the cost of dry bulk freight — is pointing to an economic recovery.
Nordic American Tankers is the best stock performer among larger listed ship owners. Scorpio Bulkers is the worst.
Retail stock pickers bet big on tankers. Dry bulk remains less enticing despite rate surge.
Some believe Capesize rates will remain depressed. Others see light at the end of the tunnel.
The second half of 2020 is shaping up to be either very good or very bad for dry bulk shipping.
Links to 16 exclusive interviews with key decision-makers in ocean shipping.
Trade tensions look like they’ll get worse before they get better, a negative for ocean shipping demand.
Brazil’s Vale has cut its iron-ore outlook for the first quarter, but revealed higher-than-expected projections for full-year 2020 and 2021.
Reduced estimate for Brazilian iron-ore exports compounds headwinds for dry bulk.
Market prognosticators have been saying dry bulk will recover “next year” almost every year for the past decade. Will it finally happen in 2020?
The beleaguered dry bulk shipping sector is nearing its post-financial-crisis peak. Is it sustainable?
An exclusive interview with John Kartsonas, the developer of the BDRY exchange-traded fund that tracks bulker rates.
