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Tag archives: CS
Capesize rates fall on thin demand base
Capesize freight rates continued to tumble down in the oversupplied market, while both basins posted lower fixtures throughout the week. The Capesize 5 time charter average then dropped by $890 day-on-day to $16,748 on Thursday, due to long liquidation in the market. The Baltic Dry Index (BDI) then dropped further by 3.46% or 50 points …
Capesize & Panamax FFA Daily Report 3/9/20
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Capesize rates lower on thin shipping activities
Capesize freight rates continued its correction phrases on thin market activities, especially among ship-operators. Thus, the Capesize 5 time charter average went down by $406 day-on-day to $17,638 on Wednesday, following a selloff that reduced spot premium. The Baltic Dry Index (BDI) then fell by 1.77% or 26 points day-on-day to 1,445 readings from weaker …
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Freight Intraday Morning Technical 3/9/20
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Capesize & Panamax FFA Daily Report 2/9/20
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Freight Intraday Morning Technical
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Capesize rates slip despite decent shipping demand
Capesize freight rates entered correction phrase despite decent shipping demand and high iron ore prices in the market. Thus, the Capesize 5 time charter average saw a slight correction of $350 day-on-day to $18,044 on Tuesday, after an aggressive selloff down the forward curve. The Baltic Dry Index (BDI) then fell by 1.14% or 17 …
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Capesize & Panamax FFA Daily Report
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US …
Capesize rates firm over potential shipping disruption
Capesize freight rates started to strengthen for the week with market concerns over port congestion in China, typhoon threats in the Far East and high iron ore prices. However, the firmer rates may reverse at any instance after the typhoon left with little shipping disruption to the East Asia region. In view of this weakness, …
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