Tag archives: CS

Daily Capesize Review 5/11/21

Capesize freight rates recovered some lost ground, despite bearish market sentiment over softening demand and lengthy ballaster list. The Capesize 5 time charter average, then inched up by $489 day-on-day to $27,199 on Friday, rebounding from recent slumps. The Baltic Dry Index (BDI) followed market corrections and dropped by $54, down 1.95% day-on-day, to $2,715, …

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Daily Capesize Review 1/11/21

Capesize freight rates continued to soften on bearish market sentiment, with lesser shipping demand to move iron ore and coals. The Capesize 5 time charter average, then fell by $1,220 day-on-day to $34,845 on Monday, extending recent market corrections. The Baltic Dry Index (BDI) followed the downtrend and dropped by $91, down 2.59% day-on-day, to …

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Daily Capesize Review 28/10/21

Capesize freight rates came under pressures from sluggish demand, with market concerns over softening iron ore and coal prices. The Capesize 5 time charter average, then fell by $2,371 day-on-day to $37,669 on Thursday, following a series of corrections. The Baltic Dry Index (BDI) extended losses and dropped by $178, down 4.67% day-on-day, to $3,630, …

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