Tag archives: DF

Capesize freight rates plunged to a sharp drop after a cooling off from the physical market after a handful of trades. The Capesize 5 time charter average, then slumped down by $1,515 day-on-day to $33,415 on Friday, after sharp drops seen in both basins. The Baltic Dry Index (BDI) then dropped by 1.50% on-day, down …

Continue reading “Daily Capesize Review 18/6/21”

Capesize freight rates maintained upward momentum despite the physical market taking a break in the bullrun. The Capesize 5 time charter average, then rose by $1,672 day-on-day to $34,930 on Thursday, as market fundamentals improved in both basins. The Baltic Dry Index (BDI) then rallied by 2.87% on-day, up 91 points to 3,267 readings on …

Continue reading “Daily Capesize Review 17/6/21”

Capesize freight rates continued its bullish run, due to better market outlook with improving physical demand. The Capesize 5 time charter average, then rose by $2,618 day-on-day to $33,258 on Wednesday, after much premiums on the FFA market that might translated to the physical market. The Baltic Dry Index (BDI) then followed the rally and …

Continue reading “Daily Capesize Review 16/6/21”