Another negative day for the larger units as the physical continues its downward momentum. Some cargoes breaking INL are paying

January 26th is Australia Day, a chance to celebrate all things Australian: vegemite, sporting prowess, BBQs

Newbuilding activity picked up over the past week, while in the S&P market, the main focus has been dry bulk carriers of the smaller size-segments. 

The fall in shipping deals witnessed since 2014 continued into 2017 as reported deals were valued at an 11-year low of US $28.9 billion.