Tag archives: CS

Daily Capesize Review 22/12/21

Capesize freight rates declined on limited market activities, as many trade participants went off for the holiday season. The Capesize 5 time charter average, then dropped up by $1,725 day-on-day to $20,363 on Wednesday, due to the lack of shipping activities during holiday season. The Baltic Dry Index (BDI) also dipped by $65, down 2.83% …

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Daily Capesize Review 20/12/21

Capesize freight rates rebounded from recent weakness and after a series of corrections, during the last trading weeks for the year. The Capesize 5 time charter average, then jumped up by $670 day-on-day to $23,283 on Monday, as the market bottomed out from recent slump. The Baltic Dry Index (BDI) however, dipped slightly by $8, …

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