Category archives: Freight

Daily Capesize Review 16/3/21

Capesize freight rates continued to improve on better shipping demand, with marginal gains recorded in both basins. The Capesize 5 time charter average then hiked up by $220 day-on-day to $17,274 on Tuesday, with good volume being changed hand in a choppy session. The Baltic Dry Index (BDI) went up higher by 1.71% or 34 …

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Daily Capesize Review 15/3/21

Capesize freight rates rose further on better market outlook, with gains recorded in both basins. The Capesize 5 time charter average then rose by $313 day-on-day to $17,054 on Monday, after a fresh wave of buyers entered market at the afternoon session. The Baltic Dry Index (BDI) also rebounded higher by 1.17% or 23 points …

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