Tag Archives: dry bulk carrier

Long-Term Transport Contracts Bring Benefits to Shippers, Too

Long-Term Transport Contracts Bring Benefits to Shippers, Too   BDI reached 498p, the lowest ever, on November 20th, and has since remained around 500-599p. Thanks to the continuing low freight rates due to an oversupply over an extended period, shippers are reaping benefits from lowered transport cost, whereas carriers have no choice but to operate… Read More »

Why Large Shippers Are Obsessed with Shipping Market

In our last article, we said that dry bulk carrier market will see increasing influence of large shippers. Particularly, large shippers are exercising a powerful influence on the shipping market mainly by chartering ships instead of owning them. To be specific, large shippers prefer to charter rather than own ships, because they see less financial… Read More »