Tag archives: CS

Daily Capesize Review 5/8/21

Capesize freight rates extended its upward momentum to recover from previous slump, despite market concerns over shipping delays at Chinese ports. The Capesize 5 time charter average, then rose by $933 day-on-day to $36,608 on Thursday, due to improving market sentiments. The Baltic Dry Index (BDI) also went up by 1.75% day-on-day, or 58 points …

Continue reading “Daily Capesize Review 5/8/21”

Daily Capesize Review 4/8/21

Capesize freight rates continued to recover from improving shipping demand, which lifted market sentiment. The Capesize 5 time charter average, then rose by $459 day-on-day to $35,675 on Wednesday, due to better market confidence. The Baltic Dry Index (BDI) also went up by 1.13% day-on-day, or 37 points to 3,318 readings, due to better freight …

Continue reading “Daily Capesize Review 4/8/21”

Daily Capesize Review 3/8/21

Capesize freight rates improved with more shipping activities, though there were oversupply concerns among trade participants. The Capesize 5 time charter average, then dipped by $213 day-on-day to $35,216 on Tuesday, after showing signs of improvement. The Baltic Dry Index (BDI) also went down slightly by 0.03% day-on-day, or 1 point to 3,281 readings, despite …

Continue reading “Daily Capesize Review 3/8/21”