Daily Capesize Review 12/3/21

Capesize freight rates continued to slide from recent rally, due to cooldown of market activities after upticks. The Capesize 5 time charter average then fell by $612 day-on-day to $16,741 on Friday, after some corrections in the market. The Baltic Dry Index (BDI) also dipped slightly by 0.51% or 10 points to 1,960 readings, amid …

Daily Capesize Review 11/3/21

Capesize freight rates retreated from recent rally, as trade participants took a breather from the bullish market outlook. The Capesize 5 time charter average then went down by $536 day-on-day to $17,353 on Thursday, after a choppy session. The Baltic Dry Index (BDI) also dropped slightly by 0.51% or 10 points to 1,970 readings, amid …