VLCC Market Back to Year-lows as Activity Slows Down – The VLCC market is once again back to recent lows although it seems to be bottoming as the first half of August concludes.

Its Always Darkest Before the Dawn: Capesize Rates Should Find a Bottom in the Next Two Weeks – Although we are still in the midst of a summer slowdown for dry bulk shipping, we anticipate a gradual bottoming and turnaround in spot rates prior to the end of August.