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Capesize second-hand prices surge 22% m/m as rates rebound

04 April 2023

In March 2023 China’s economic recovery caused a pick-up in capesize freight rates and in sale and purchase activity for this ship type. As a result, five-year-old second-hand prices rallied 22% m/m, reaching USD 54 million by the end of the month.

Sale and purchase seminar

06 February 2020

The Sale & Purchase (S&P) seminar examines the mechanisms and processes behind the sale and purchase of vessels.

Fresh stimulus could boost Chinese iron ore imports, down 3.3% YTD

01 September 2022

Preliminary shipping data from Oceanbolt shows a 1.7% y/y drop in Chinese iron ore import volumes in August. The volumes are, however, the highest since January and follow a 3.1% y/y increase in July. Year-to-date, Chinese iron ore imports are down 3.3% y/y, making up around 20% of global dry bulk volumes, but could be in for a bounce, benefitting the struggling Capesize segments.

Sale & Purchase Seminar

16 November 2023

The Sale & Purchase (S&P) Masterclass examines the mechanisms and processes behind the sale and purchase of vessels.