Capesize freight rates remained under pressure as Chinese trade participants prepared for Lunar New Year celebrations. The Capesize 5 time charter average then dipped slightly by $110 day-on-day to $12,662 on Friday, due to thin market activities. The Baltic Dry Index (BDI), however rose slightly by 0.45% or 6 points to 1,333 readings, due to …
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European Close 05/02/21
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Freight Morning Technical 05/02/21
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Daily Capesize Review 4/2/21
Capesize freight rates dipped slightly as the index flattened after much improvement with support from the rising bunker prices. The Capesize 5 time charter average then dropped slightly by $30 day-on-day to $12,772 on Thursday, after much improvement seen in the February contracts. The Baltic Dry Index (BDI) then remained flat at 1,327 readings after …
European Close 04/02/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Freight Morning Technical 04/02/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Daily Capesize Review 3/2/21
Capesize freight rates slid downward on muted physical market with Lunar New Year holidays round the corner. The Capesize 5 time charter average then slumped further by $1,251 day-on-day to $12,802 on Wednesday, after a choppy trading session. The Baltic Dry Index (BDI) also continued to dip further by 3.84% day-on-day or 53 points to …
European Close 03/02/21
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Freight Morning Technical 03/02/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Daily Capesize Review 2/2/21
Capesize freight rates continued to slump on the growing tonnage list, despite strong bunker prices that failed to support prices. The Capesize 5 time charter average then dropped by $1,463 day-on-day to $14,053 on Tuesday, after a selloff in the market. The Baltic Dry Index (BDI) also plunged by 4.43% day-on-day or 64 points to …