Category archives: Freight

Daily Capesize Review 2/3/21

Capesize freight rates rose higher on bullish paper market, despite slow physical activities in both basins. The Capesize 5 time charter average then hiked up by $473 day-on-day to $12,152 on Tuesday, due to better FFA market. The Baltic Dry Index (BDI) also jumped by 1.33% or 22 points to 1,673 readings, amid better freight …

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Supramax March 21 Morning Technical Comment – 240 Min 02/03/21

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Daily Capesize Review 1/3/21

Capesize freight rates dipped lower on thin market activities, due to trade participants’ concerns over unfavorable weathers and lengthy ballaster list. The Capesize 5 time charter average then dropped by $255 day-on-day to $11,679 on Monday, due to weak physical market. The Baltic Dry Index (BDI) also fell further by 1.43% or 24 points to …

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