Tag archives: CS

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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RCEP agreement fails to support Capesize market

Capesize freight rates continued to correct on softening physical market for a slow start to the week. The Capesize 5 time charter average then dipped by RMB 216 day-on-day to $12,282 on Monday, amid thin market activities with public holidays in Singapore and India. The Baltic Dry Index (BDI) also fell slightly by 0.36% or …

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