Weekly Market Report 29 June 2021 Source: Intermodal The strong freight performance since the beginning of year has contin-ued for the dry bulk market with earnings being at the highest level in over a decade. As a result, vessels’ values have improved substantially,...
Weekly Market Report 22 June 2021 Source: Intermodal The first half of 2021 has brought a very sharp and continued recovery in the dry bulk market and while many where expecting a relatively strong market, very few anticipated the levels we have seen to date. While...
Weekly Market Report 15 June 2021 Source: Intermodal “While approaching the second half of the year and summer season is just around the corner, COVID vaccination programs are steadily moving for-ward with N. America and Europe leading the race. In this context,...
Weekly Market Report 08 June 2021 Source: Intermodal “Counter cyclical investments.” usually take place by investing in a “bad” mar-ket at the point that ensures that the acquired asset exposes the buyer less. This has always been the essence of investing in most...
Weekly Market Report 01 June 2021 Source: Intermodal Just a few days ago we witnessed the listing of the first corporate bond in the Athens Stock Exchange by a non-coastal shipping company, namely Costamare Participations Plc. This was good news for both the NYSE...
Weekly Market Report 25 May 2021 Source: Intermodal Last year crude tankers’ newbuilding contracting activity was devastated by the economic effects of the Covid-19 pandemic and the cloud of uncertainty regarding eco-friendly technology adoption which amplified...
Weekly Market Report 18 May 2021 Source: Intermodal The dry bulk market’s counter seasonal surge so far into the first half of the year -in a sort of 2010 manner - and Capesize’s recent retreat from almost 11-year highs is raising the question whether a counter...
Weekly Market Report 11 May 2021 Source: Intermodal For an extended period, Dry bulk & Wet market rates have been diverging, with the SnP deals on each sector more or less tracking the market trend. However, since April, this trend appears to be revoked; despite a...
Weekly Market Report 27 April 2021 Source: Intermodal Despite the current challenges as a result of the global pandemic, 2021 is turning out to be a landmark year for the iron ore market with spot prices for the steel making commodity last week surpassing their...
Weekly Market Report 20 April 2021 Source: Intermodal After the World Bank recently rejected liquefied natural gas, LNG, as a sus-tainable fuel for shipping in the future, the battle for climate-friendly fuels has increased. The World Bank discovers that LNG may have...