Tag archives: CS

Daily Capesize Review 18/11/21

Capesize freight rates rebounded after recent selloff session, as more spot vessels had cleared out and thus setting up for a more balanced market. The Capesize 5 time charter average, then grew by $1,627 day-on-day to $27,033 on Thursday, after the paper market turned bullish and made some convincing gains. The Baltic Dry Index (BDI) …

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Daily Capesize Review 17/11/21

Capesize freight rates extended losses in seasonally lean period, amid weak iron ore and steel demand in China. The Capesize 5 time charter average, then slumped by $2,653 day-on-day to $25,406 on Wednesday, amid a selloff session. The Baltic Dry Index (BDI) then dropped by $161, down by 6.21% day-on-day, to $2,430, due to softening …

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Capesize Dec 21 Morning Technical Comment – 240 Min 16/11/21

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Daily Capesize Review 12/11/21

Capesize freight rates slipped up after recent improvement, amid limited shipping activities in both basins. The Capesize 5 time charter average, then inched down by $298 day-on-day to $31,811 on Friday, amid a choppy session. The Baltic Dry Index (BDI) then dropped by $37, down by 1.30% day-on-day, to $2,807, due to softening freight rates. …

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Daily Capesize Review 10/11/21

Capesize freight rates recovered further due to better shipping demand in the Pacific market, despite lengthy ballast list in the Atlantic basin. The Capesize 5 time charter average, then rose by $1,624 day-on-day to $32,099 on Wednesday, despite a choppy session. The Baltic Dry Index (BDI) then rose by $56, up by 2% day-on-day, to …

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