Tag archives: CS

Capesize freight rates continued to rise on better market sentiment for the physical market, after a sluggish start of the week. The Capesize 5 time charter average, then rose up by $951 day-on-day to $34,299 on Tuesday, due to better physical market. The Baltic Dry Index (BDI) also hiked up by 2.83% day-on-day, up 94 …

Continue reading “Daily Capesize Review 29/6/21”

Capesize freight rates inched up after a slow start of the week, despite improvement seen in both basins. The Capesize 5 time charter average, then rose up by $279 day-on-day to $33,348 on Monday, despite limited fixtures done in the physical market. The Baltic Dry Index (BDI) also hiked up by 2.12% day-on-day, up 69 …

Continue reading “Daily Capesize Review 28/6/21”

Capesize freight rates rebounded again in the volatile market, due to better market optimism over the Q3 period. The Capesize 5 time charter average, then hiked up by $1,051 day-on-day to $33,069 on Monday, with some improvement seen in the physical market. The Baltic Dry Index (BDI) then spotted a gain of 2.52% day-on-day, up …

Continue reading “Daily Capesize Review 25/6/21”

Capesize freight rates dipped from recent rebound, despite strong buying interests that translated to decent gains on the Q3. The Capesize 5 time charter average, then went down slightly by $61 day-on-day to $32,018 on Thursday, despite better improvement in the physical market. The Baltic Dry Index (BDI) then spotted slight gain of 0.90% day-on-day, …

Continue reading “Daily Capesize Review 24/6/21”

Capesize freight rates rebounded in the volatile market, as shipping demand improved with better market confidence. The Capesize 5 time charter average, then went up slightly by $703 day-on-day to $32,079 on Wednesday, with small gains seen in both basins. The Baltic Dry Index (BDI) then spotted slight gain of 0.90% day-on-day, up 28 points …

Continue reading “Daily Capesize Review 23/6/21”