Category archives: Freight
Capesize rates getting support from port congestion
Capesize rates firmed on better market sentiments with freight rates getting some support from the port congestion situation in China. Thus, the Capesize 5 time charter average inched up by $135 day-on-day to $19,339 on Wednesday, with a late rally in Sep and Q4 contracts that added to bullish market tone. Thus, the Baltic Dry …
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Supramax & Handysize FFA Daily Report
Capesize & Panamax FFA Daily Report
Capesize rates move slowly amid thin market activities
Capesize rates continued to move at downtrend manner amid the short trading week with muted physical activities. The Capesize 5 time charter average then dropped by $493 day-on-day to $19,204 on Tuesday, despite some showing some strength at late afternoon session. The Baltic Dry Index (BDI) still reflected some strength in the dry bulk market …
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Supramax & Handysize FFA Daily Report
Capesize & Panamax FFA Daily Report
Slow start to Capesize in view of holidays
Capesize rates slipped on the short week, with public holidays in Singapore and Greece that affected shipping activities. The Capesize 5 time charter average thus dipped by $215 day-on-day to $19,697 on Monday, in view of lacklustre physical market. Despite the weakness of Capesize, the Baltic Dry Index (BDI) gained slightly by 0.33% day-on-day to …
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Supramax & Handysize FFA Daily Report
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Capesize & Panamax FFA Daily Report
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