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Dry cargo market report dated 24 September 2021

27 September 2021

Capesize: The Capesize market continued its assertive rally this past week reaching new highs in dramatic fashion.  The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.

BIMCO COVID 19 weekly report dated 24 September 2021

24 September 2021

This BIMCO COVID 19 weekly report for the week ending 24 September covers updates from China, Denmark, Russia, UK P&I Club, the North American Maritime Ministry Association and the latest from the International Maritime Organization (IMO).  Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as updates from United Nations bodies such as the IMO, World Health Organization (WHO) and International Labour Organization (ILO).

Demolition report dated 17 September 2021

21 September 2021

Despite the recent downturns in the sub-continent markets, which have seen prices correct by as much as USD 25/Ton of late, levels still remain at historically impressive highs across the sub-continent markets. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 10 September 2021

21 September 2021

After a wobbly late August that finally saw the recycling markets even off over the last couple of weeks, sub-continent markets (India and Bangladesh) witnessed a noteworthy drop in steel plate prices this week, as local sentiments started to increasingly take a step back, in anticipation of a further decline. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 3 September 2021

21 September 2021

Far from being the traditionally quieter summer / monsoon months, July and August have passed with marginally weaker, albeit (still) record numbers above USD 600/Ton and deals still being concluded, particularly in the beleaguered tanker and offshore sectors! The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 27 August 2021

21 September 2021

Prices have settled into a new reality this week as end Buyers get back to buying at levels just shy of the historical peaks seen this year, closer to (and in some cases, just over) USD 600/LT LDT from the market leaders, on high-spec units. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Dry cargo market report dated 17 September 2021

21 September 2021

Panamax: A strong week for the Panamax market, principally for the Atlantic basin, with a good replenishment of mineral cargoes seen all week versus a limited tonnage list. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.