Tag archives: DF

Daily Capesize review 13/1/21

Capesize freight rates inched higher, despite correction in the paper market and cooling off in the physical market. The Capesize 5 time charter average then rose slightly by $68 day-on-day to $26,489 on Wednesday, despite a selloff in the paper market. The Baltic Dry Index (BDI) managed to rise slightly by 0.38% or 7 points …

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Capesize rates rally on thin tonnage

Capesize freight rates continued its bullish run, drawing supports from the better shipping demand in both basins. The Capesize 5 time charter average then rose by $3,376 day-on-day to $24,507 on Monday, after heavy volume changed hands in the paper market. The Baltic Dry Index (BDI) also followed the Capeszie rally and hiked up by …

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