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  • Slim pickings and downbeat mood music

    If the return of the Chinese and Singapore markets after the Lunar New Year celebrations was a cause to hope for a boost to activity this week for dry bulk freight, then traders were to be disappointed.

  • Happy New Year, or maybe not

    The first trading week of the year and only the very bullish can have been expecting puppies in a basket.

  • New quarter, but no quarter for freight

    The fourth quarter begins, not with a bang but with a medium-sized whimper. The week was not a disaster by any means but the BDI ticked down and the TC largely indices followed, with Panamax and Supras worst affected. Despite the Asian holidays, Capes danced to their own (positive) tune but didn’t always take the…

  • Dry freight carries on regardless

    Another contrary week in the freight market, with paper traders taking advantage of the positive, albeit nervous mood to add further length to some strong positions. Whether this can be sustained, time will tell but for the moment, it seems the paper ships have the edge.

  • A good week for a party and not bad for freight

    It’s probably fair to say that players were somewhat distracted last week, with hundreds of events taking place in London International Shipping Week. And the freight market did its best to push on, despite what could still be called a nervous economic backdrop.