Tag archives: DF

Daily Capesize Review 8/3/21

Capesize freight rates continued to rise on better physical market and bullish market sentiment for both basins. The Capesize 5 time charter average then rose by $344 day-on-day to $15,138 on Monday, due to active start of shipping activities for the week. The Baltic Dry Index (BDI) followed the rally and moved higher with gains …

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Daily Capesize Review 5/3/21

Capesize freight rates booked gains on better market sentiment, supported by higher bunker prices and better shipping demand. The Capesize 5 time charter average then rose by $920 day-on-day to $14,794 on Friday, due to better market sentiment from FFA. The Baltic Dry Index (BDI) also strengthened on the better freight rates with gains of …

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Daily Capesize Review 4/3/21

Capesize freight rates stabilized and took a breather, after recent rally with market talks of super cycle. The Capesize 5 time charter average then slipped slightly by $36 day-on-day to $13,874 on Thursday, due to the market volatility. The Baltic Dry Index (BDI) continued to rally on the strength of smaller vessel and gained slightly …

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