Tag archives: CS

Capesize freight rates inched upward, despite slow shipping activities and market concerns over disruptions of Australian coal shipments. The Capesize 5 time charter average then increased by $564 day-on-day to $19,437 on Friday, due to improvement in the physical market. The Baltic Dry Index (BDI) also surged up higher by 2.98% or 66 points to …

Continue reading “Daily Capesize Review 19/3/21”

Capesize freight rates continued to rally on better physical demand with firm support from smaller vessels. The Capesize 5 time charter average then increased by $942 day-on-day to $18,873 on Thursday, despite some profit-takings during the trading session. The Baltic Dry Index (BDI) also hiked up higher by 5.23% or 110 points to 2,215 readings, …

Continue reading “Daily Capesize Review 18/3/21”

Capesize freight rates kept up the positive momentum with steady gains, amid improved shipping outlook. The Capesize 5 time charter average then increased by $657 day-on-day to $17,931 on Wednesday, after the modest trading volume during the session. The Baltic Dry Index (BDI) went up higher by 4.36% or 88 points to 2,105 readings, supported …

Continue reading “Daily Capesize Review 17/3/21”

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 …

Continue reading “Daily Capesize Review 16/3/21”