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South America dry bulk news

Dry bulk shipping market update

The Baltic Exchange has released its latest update on the dry bulk shipping market for the week ending 16 February 2024.

 

Dry bulk shipping market update

Data from the Baltic Exchange has shown fluctuations in the market with ultramax and supramax vessels seeing the most positive changes.

 
 
 
 

Positive growth seen in Atlantic shipping

According to the Baltic Exchange, dry bulk shipping has seen positive growth in the Atlantic market with some minor decreases seen in South America and the US Gulf.

 
 
 

Muted and sedated start for the 2024 dry bulk market

The Baltic Exchange has reported that there has been a slow start to the 2024 dry bulk market with limited fresh enquiry in the ultramax sector and a sedated start for the panamax sector.