Tag archives: CS

Daily Capesize Review 1/12/21

Capesize freight rates slipped at the start of the month, indicating a slow start to the holiday season as more tonnage returned to the market. The Capesize 5 time charter average, then dipped down by $158 day-on-day to $37,023 on Wednesday, amid a choppy market. The Baltic Dry Index (BDI) however, rose by $29, up …

Continue reading “Daily Capesize Review 1/12/21”

Daily Capesize Review 26/11/21

Capesize freight rates continued to rise, despite market scares of the new covid variant spread and expectation of adverse weather that affected shipping activities. The Capesize 5 time charter average, then rose by $1,076 day-on-day to $32,393 on Friday, amid a choppy market. The Baltic Dry Index (BDI) then rose by $89, up 3.32% day-on-day, …

Continue reading “Daily Capesize Review 26/11/21”