Tag archives: DF

Capesize freight rates managed to book slight gain, despite the shipping market slowed down due to the upcoming holiday season. The Capesize 5 time charter average inched up slightly by $142 day-on-day to $15,085 on Monday, due to thinner market volumes and rangebound activity. The Baltic Dry Index (BDI), however dropped slightly by 0.15% or …

Continue reading “Capesize rates move slowly prior to holiday season”

Capesize freight rates gained further on improving physical demand toward the year end, despite some market volatility. The Capesize 5 time charter average rose by $800 day-on-day to $14,943 on Friday, with good volume being changed hands especially for the Cal 21 and Cal 22 contracts. The Baltic Dry Index (BDI) then went up higher …

Continue reading “Capesize rates rise despite volatile market”

Capesize freight rates continued its upward momentum on improving shipping demand in the physical market, especially in the Atlantic market. The Capesize 5 time charter average then went up by $317 day-on-day to $14,143 on Thursday, buoyed by market talks of miners seeking for tonnage bullishly in near term. The Baltic Dry Index (BDI) also …

Continue reading “Capesize rates march on with firmer Atlantic market”

Capesize freight rates hiked up, despite mixed market outlook with an improving Atlantic market, while limited shipping activities were observed in the Pacific. The Capesize 5 time charter average then went up by $698 day-on-day to $13,826 on Wednesday, as the physical continued to show further gains, though it was expected to slow toward year-end …

Continue reading “Capesize rates rise despite mixed market outlook”