Tag archives: CS

Capesize rates fall due to supply gut in the Atlantic

Capesize freight rates continued to slide on mixed market from an oversupplied Atlantic market, despite some cargo improvement seen in the Pacific. Due to the mixed market movement, the Baltic Dry Index (BDI) increased slightly by 1.70% or 19 points to 1,134 readings.   Both basins move in different directions Atlantic market was still oversupplied …

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Capesize rates dip despite improvement in the Pacific

Capesize freight rates continued to fall on softening physical market, despite some improvement in the Pacific market. The Capesize 5 time charter average dipped slightly by RMB 299 day-on-day to $11,730 on Wednesday, due to selling pressure on the weak Atlantic market. The Baltic Dry Index (BDI) was almost flattish and booked a slight gain …

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FIS Castaway Podcast Episode 33

FIS Castaway Podcast – Episode 33   China’s coal imports continue to fall along with Cape freight, while oil and iron ore push, and the Baltic launches a new airfreight index – we discuss it all on Castaway this week along with our award winning app!   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-33-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/76K7aj5UJa3WRgHct5v1zM   …

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Capesize rates move in mixed directions

Capesize freight rates dipped slightly on a mixed market with vessels oversupply in the Atlantic, while some improvement were seen in the Pacific basin. Thus, the Capesize 5 time charter average slipped slightly by RMB 253 day-on-day to $12,029 on Tuesday, after a late selling spree in the weak Atlantic fixtures. The Baltic Dry Index …

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