Tag archives: DF

Capesize rates rallies on better Atlantic market

Capesize freight rates continued to rise on improving shipping demand, especially in the Atlantic market. The Capesize 5 time charter average then went up by $846 day-on-day to $13,128 on Tuesday, despite softening freight rates in the Pacific. The Baltic Dry Index (BDI) also maintained its upward climb and went up by 3.08% or 38 …

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Capesize rates rebound on improving Atlantic market

Capesize freight rates rebounded on improved rates, despite some port closures in China due to bad weather and shipping accident. The Capesize 5 time charter average then went up by $393 day-on-day to $12,282 on Tuesday, after some market talks of raising coal quotas for Chinese importers. Thus, the Baltic Dry Index (BDI) moved up …

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Capesize rates recover despite mixed market sentiments

Capesize freight rates hiked up on better market sentiments as shipping demand improved toward year-end with support of the strong bunker prices. The Capesize 5 time charter average then went up by $938 day-on-day to $11,889 on Friday, albeit with considerably less activity on the FFAs. The Baltic Dry Index (BDI) also moved upward by …

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Capesize rates recover on improving demand despite cyclone concerns

Capesize freight rates rose on better fixtures done on both basins, that lifted the recent bearish market sentiments. Thus, the Capesize 5 time charter average then hiked up by $656 day-on-day to $10,951 on Thursday, amid the recent volatility in the market. The Baltic Dry Index (BDI) also went up by 3.48% or 39 points …

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