Tag archives: CS

Daily Capesize Review 10/3/21

Capesize freight rates continued to firm up on bullish paper market with strong gains in both basins. The Capesize 5 time charter average then surged up by $1,719 day-on-day to $17,889 on Wednesday, due to better shipping outlooks. The Baltic Dry Index (BDI) also hiked up by 4.16% or 79 points to 1,980 readings, amid …

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Daily Capesize Review 9/3/21

Capesize freight rates rallied on bullish shipping outlook, despite corrections in iron ore and bunker prices. The Capesize 5 time charter average then hiked up by $1,032 day-on-day to $16,170 on Tuesday, due to better market sentiments in both basins. The Baltic Dry Index (BDI) also rose by 2.59% or 48 points to 1,901 readings, …

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Daily Capesize Review 8/3/21

Capesize freight rates continued to rise on better physical market and bullish market sentiment for both basins. The Capesize 5 time charter average then rose by $344 day-on-day to $15,138 on Monday, due to active start of shipping activities for the week. The Baltic Dry Index (BDI) followed the rally and moved higher with gains …

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