Capesize freight rates rebounded from previous slump, as tonnage list was shortened with better shipping demand. The Capesize 5 time charter average, then rose by $420 day-on-day to $47,407 on Thursday, as market sentiments improved. The Baltic Dry Index (BDI) however, dropped by $12, down 0.30% day-on-day, to $4,001, due to softening freight rates. …
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Capesize & Panamax FFA Daily Report 02/09/21
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Daily Capesize Review 1/9/21
Capesize freight rates continued its downward trajectory, with both basins came under selling pressures as tonnages began to return. The Capesize 5 time charter average, then fell further by $2,102 day-on-day to $46,987 on Wednesday, after much selling pressures. The Baltic Dry Index (BDI) followed the decline and dropped by $119, down 2.88% day-on-day, to …
Capesize & Panamax FFA Daily Report 01/09/21
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Daily Capesize Review 31/8/21
Capesize freight rates fell sharply after the recent rally, as the market consolidated, while profit takings continued in the paper market. The Capesize 5 time charter average, then plunged down by $2,010 day-on-day to $49,089 on Tuesday, after much selling pressures. The Baltic Dry Index (BDI) followed the decline and slid down by $103, down …
Capesize & Panamax FFA Daily Report 31/08/21
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Capesize Technical Report 31/08/21 (RSI moves below 75, warning the 55 period MA could be tested)
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Daily Capesize Review 27/8/21
Capesize freight rates continued to rally, amid port congestions in China and tight tonnage supply, while shipping demand improved. The Capesize 5 time charter average, then rose by $986 day-on-day to $51,099 on Friday, due to the tight basins. The Baltic Dry Index (BDI) however, inched up slightly by $40, up 0.95% day-on-day, after some …
Capesize & Panamax FFA Daily Report 27/08/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
Capesize & Panamax FFA Daily Report 26/08/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630