A Fragile Recovery in VLCCs Amid Macro Headwinds – The VLCC market appeared to have found a temporary floor in early March, with shipowners showing renewed optimism for a potential recovery.

Contango Vanishes as Capesize Rates Surge on the Back of Demand for March Vessels – The volatility of dry bulk spot rates has once again reaffirmed the principle that no contango is too steep to overcome.