Tag archives: DF

Daily Capesize Review 28/1/21

Capesize freight rates slid further on weakening physical market, due to low shipping demand and bearish market outlook. The Capesize 5 time charter average then dropped further by $1,657 day-on-day to $16,133 on Thursday, following a short sharp selloff in the paper market. The Baltic Dry Index (BDI) also went down further by 4.55 % …

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Daily Capesize Review 27/1/21

Capesize freight rates continued the downward trend with softening physical market that caused a selloff in the paper market. The Capesize 5 time charter average then dived further by $2,919 day-on-day to $17,790 on Wednesday, despite some late buying activities as some buyers tried to pick from the market bottom. The Baltic Dry Index (BDI) …

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Daily Capesize Review 26/1/21

Capesize freight rates extended losses from weak physical fundamentals that resulted a selloff in the paper market. The Capesize 5 time charter average then plunged further by $2,657 day-on-day to $20,709 on Tuesday, following the weak physical market. The Baltic Dry Index (BDI) then headed south on weakening freight rates and fell by 6.01 % …

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