Tag archives: CS

Capesize freight rates continued its downtrend as the physical market came under pressure with further easing of rates. Thus, the Capesize 5 time charter average fell by $1,958 day-on-day to $31,507 on Thursday, with a sluggish Atlantic market and Pacific rates moving Due to weak Capesize market, the Baltic Dry Index (BDI) fell by 3.62% …

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Capesize freight rates slumped into losses after aggressive selloff in the paper market, especially for the Oct and Q4 contracts. Thus, the Capesize 5 time charter average fell by $1,431 day-on-day to $33,465 on Wednesday, after the physical market came under pressure. The Baltic Dry Index (BDI) followed by the slump but still managed to …

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Capesize freight rates continued its upward push albeit a slower rate than previously seen in recent rally. Thus, the Capesize 5 time charter average gained by $603 day-on-day to $34,896 on Tuesday, as the market uptrend moved in slower momentum. The Baltic Dry Index (BDI) then managed to stay firm above the 2,000 readings and …

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Capesize freight rates continued its bullish run and reached new height due to good shipping fundamentals. Thus, the Capesize 5 time charter average surged up by $1,227 day-on-day to $34,293 on Monday, touching a new year high amid good shipping demand. Following the bullish Capesize market, the Baltic Dry Index (BDI) stayed above the 2,000 …

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