Tag archives: CS

Daily Capesize Review 28/4/22

Capesize freight rates dipped on the slow physical market, while the market remained at steep contango with some expectation that it would turn positive again. The Capesize 5 time charter average, then dropped by $639 day-on-day to $17,821 on Thursday, despite some improvement in the Pacific market. The Baltic Dry Index (BDI) then fell by …

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Daily Capesize Review 27/4/22

Capesize freight rates rose on better shipping activities, as trade participants tried to fix vessels before the upcoming holidays in early May. The Capesize 5 time charter average, then rose by $469 day-on-day to $18,460 on Wednesday, as the Pacific market showed further signs of improvement. The Baltic Dry Index (BDI) also hiked by $21 …

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