Castaway Podcast – Ep. 76

Hi5! It’s rocketing and putting a smile on scrubber owners’ faces, hear about this and what is happening in the freight, oil, and iron ore markets.     Click Below to Listen:     Website – https://freightinvestorservices.com/blog/fis-castaway-eps-76/ Spotify – https://open.spotify.com/episode/27wLyyO7GboZqgPZuVhBB5?si=2utD_kkPQw6EfmYTLkLKLQ iTunes – https://podcasts.apple.com/gb/podcast/episode-76/id1507094242?i=1000539164120

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Capesize freight rates extended losses with market selloff over prolonged period, amid bearish market sentiments. The Capesize 5 time charter average, then fell by $4,359 day-on-day to $70,181 on Thursday, following market selloff for sixth consecutive trading day. The Baltic Dry Index (BDI) continued to slip by $144, down 2.77% day-on-day, to $5,062, due to …