Daily Capesize Review 14/9/21

Capesize freight rates continued to march onward with gains as typhoon related weathers caused disruption in shipping schedules. The Capesize 5 time charter average, then rose by $784 day-on-day to $53,692 on Tuesday, as market slowed down after a huge daily spike in previous session. The Baltic Dry Index (BDI) then rose by $58, up …

Daily Capesize Review 13/9/21

Capesize freight rates rallied further with record gains, amid Chinese port closures due to the Typhoon Chanthu. The Capesize 5 time charter average, then rose by $6,736 day-on-day to $52,908 on Monday, as significant gains were made in the Pacific and Atlantic markets. The Baltic Dry Index (BDI) then rose by $299, up 7.74% day-on-day, …

Supramax Oct 21 Morning Technical Comment – 240 Min 14/09/21

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Daily Capesize Review 10/9/21

Capesize freight rates rebounded from previous losses, with better offers that supported the market fundamentals for the bullish market. The Capesize 5 time charter average, then dropped by $5,021 day-on-day to $46,172 on Friday, as market confidence improved over shipping demand amid tight tonnage. The Baltic Dry Index (BDI) then rose by $221, up 6.07% …