Category archives: Freight

Capesize freight rates continued to slump on thin physical market that dragged down the paper market further. The Capesize 5 time charter average dropped by $210 day-on-day to $15,892 on Tuesday, due to lack of fixtures being reported. The Baltic Dry Index (BDI) then slumped further by 1.56% or 21 points day-on-day to 1,328 readings …

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Capesize freight rates dropped slightly on thin physical activities, amid a short trading week due to Brazilian public holiday. The Capesize 5 time charter average then dipped by $150 day-on-day to $16,102 on Monday, reflecting a lacklustre cape paper start to the week. The Baltic Dry Index (BDI) then dropped slightly by 0.95% or 13 …

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