Dry Bulk
Stay informed with the latest news, analysis, and market insight for the dry bulk shipping industry through our expert coverage
Capesize scrapping will come sooner than expected
The big wave of dry bulk scrapping is always seemingly just around the corner, but the market may not have to turn too far downwards for the equations to start involving a trip to the breakers
Dry bulk gloominess remains in 2025, but brighter times could be ahead
Analysts and owners remain pessimistic about the dry bulk market’s performance in 2025, but there is cause for some optimism in the future
Capesize scrapping will come sooner than expected
The big wave of dry bulk scrapping is always seemingly just around the corner, but the market may not have to turn too far downwards for the equations to start involving a trip to the breakers
US grain shipments up 9% in first half of 2025
Tariffs have seen grain cargoes from the US to China drop by nearly 60%, but exports to Japan and Colombia are on the up
Secondhand bulk carrier sales rise in June as asset values soften across most segments
Bulk carrier values across all size segments and age groups have either remained flat or have decreased in the past 12 months due to a weakening in earnings
Taking stock of dry bulk shipping as 1H25 comes to a close
The dry bulk sector continues to disappoint, with capesize rates falling from more than $30,000 per day to under $19,000 per day in the past two weeks, and further declines expected in the coming months
US corn exports take pressure off soyabeans
US Department of Agriculture expecting record world production and consumption of corn, with the US set to lead the way in exports in 2025
Not as bad as feared for dry bulk, but no ‘miracle’ profits expected
At the tail end of 2024, there was talk of a disaster scenario for dry bulk this year, courtesy of economic malaise in China. Five months into 2025, dry bulk is not a disaster, nor is it much of a success story
Seanergy eyes stronger quarters ahead after dipping into the red
Capesize specialist declares 14th straight quarterly dividend against improving market backdrop
Colombian coal warning for capesizes
Glencore company Cerrejon announced it was cutting its coal production in Colombia due to ‘unsustainable’ prices of thermal coal transported by sea
Tariff impact on dry bulk limited, but worse could be to come
The dry bulk sector has escaped the worst of Trump’s ‘Liberation Day’ tariffs, but international retaliation will hurt the sector more
Norden continues capesize fleet modernisation via Japanese newbuild deal
Newbuilding leasing deal boosts Norden’s backlog of new capesize bulkers to six vessels
Plans to levy China-built ships would have hit 30% of arrivals last year
US Trade Representative hearing on China-built ships levy set for March 24. With every sector having a share of ships built, or building, in China all would be subject to a port fee
Geopolitical tensions at Panama Canal still very high despite sale of ports
Shipping could face a major disruption if Trump is not bluffing about taking back the Panama Canal. Hopes that the Hutchison sale would placate the US and solve the problem have been dashed
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