Tag archives: FO

Daily Capesize Review 16/3/22

Capesize freight rates coughed the gains made recently, following the selloff sessions, amid the volatile market. The Capesize 5 time charter average, then dropped by $1,583 day-on-day to $21,830 on Wednesday, after market selloff in the afternoon session. The Baltic Dry Index (BDI) then decreased by $98 day-on-day, or down 3.64% day-on-day, to $2,591, due …

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Daily Capesize Review 15/3/22

Capesize freight rates extended bullish run, due to support of tighter tonnage with healthy demand from the Pacific market. The Capesize 5 time charter average, then jumped by $312 day-on-day to $23,413 on Tuesday, despite some selloff in the market. The Baltic Dry Index (BDI) however decreased slightly by $38 day-on-day, or down 1.39% day-on-day, …

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