Reading time: 2 minutes Over the last few months the spot Capesize market has failed to match the overly optimistic expectations that the futures curve has been pricing all along. A futures curve, that was priced to perfection, has now crumbled...

Reading time: 2 minutes Since June 1, Capesize spot rates have remained rangebound, fluctuating between 18,000 and 25,000, a profitable level for most Capesize owners, but well off the highs reached last year. The market remains supported but is...

Reading time: 2 minutes Futures curve flattens as focus turns on the struggling Chinese property market – Despite the recent stabilization in spot rates, dry bulk futures came under pressure, reflecting, in our view, increasing disappointment in...

Reading time: 2 minutes Volatility surges as Capesize sentiment turns sour – Following almost a tripling in performance in less than a month, the last few weeks have seen Capesize rates reversing course and dropping by ~40% on the back of weakening...

Reading time: 2 minutes The Big Picture : The Intersessional Working Group on Greenhouse Gases (ISWG-GHG) showed genuine progress on pricing greenhouse gas emissions ahead of June’s gathering of the Marine Environment Protection Committee (MEPC) at...