The shipping industry’s core purpose is to facilitate global trade of commodities. While freight rates are a revenue item for shipowners, they are an expense item for commodity movers. 

The ripple effect of a sharp 45% drop in Capesize bulk carrier earnings this October is reverberating across the dry bulk universe.

With booming sale-and-purchase activity and future rates trading well above the current spot rate, the bullish sentiment of the Capesize market is hard to ignore.

Mirror, mirror on the wall, who's the most volatile commodity of them all?

Ship-operating and ship-owning offer distinct pathways for investors to gain exposure to the shipping sector.