Study of Dry bulk companies
Dry bulk shipping
- 02/15/2021 – general knowledge on Dry Bulk shipping
Dry bulk shipping refers to the movement of significant commodities carried in bulk: – the so-called major bulks (such as iron ore, coal, grain), together with ships carrying steel products (coils, plates and rods), lumber or log and other commodities classified as the minor bulks.
What are the five major dry bulk trades in shipping?
Dry cargo, including (a) the five major bulk commodities (iron ore, coal, grain, bauxite and alumina, phosphate rock), (b) minor bulks (forest products and the like), (c) containerized trade, (d) general cargo/breakbulk, accounted for the largest share (70.2 per cent).
- 02/15/2021 – this might be a great investment sector, I need to get to know more
2021 Dry Bulk Shipping Outlook – My Most Bullish Forecast Ever
- The pandemic induced a supply side correction in 2020 causing the dry bulk segment to accelerate its path to market equilibrium.
- Government stimuli and a recovering global economy will lead to improving demand.
- These fundamental market shifts place dry bulk among the top picks in 2021.
- This idea was discussed in more depth with members of my private investing community, Value Investor’s Edge. Get started today »
This report covers dry bulk shipping. ETFs and companies participating in this trade include, but are not limited to, Breakwave Dry Bulk Shipping ETF (BDRY), Diana Shipping (DSX), Eagle Bulk (EGLE), Genco (GNK), Golden Ocean (GOGL), Navios Maritime Partners (NMM), Safe Bulkers (SB), Scorpio Bulkers, and Star Bulk (SBLK).
02/15/2021 – great magazine: https://www.drybulkmagazine.com/dry-bulk
EastGate releases report on the key drivers of the dry bulk shipping market
01/19/2021 – rates are quadruple!
Dry bulk shipping revs up after ‘extraordinarily bad decade’
Earnings of larger bulk ships are quadruple last year’s rates
10/05/2020 – shipping rates hit 2020 new high
Dry bulk shipping rates have just hit a new 2020 high
Capesize bulkers are now earning over $34,000 per day
