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Capesize: The Capesize market was in dire straits this week as tonnage levels were heard to be building while many areas had minimal activity as the 5TC dropped -15,398 to $36,065 week on week. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.
Panamax: We have seen more activity this week in the build up to holidays in Singapore and Japan with both owners and charterers looking to find cover. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.
Capesize: There was a turning of the tide this week as rates initially rallied robustly before negative sentiment settled in to see rates plummet from midweek. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.
Panamax: A momentous week for the Panamax market, with sharp rises witnessed on all spot trading at rates not seen for many years. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.
Capesize: The market was predictably quiet by the end of the week with many traders absent for the beginning of Chinese New Year. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.
Capesize: The Capesize routes endured a week of slippage on rates, bringing the market back down to levels seen at the beginning of the month. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.
The Capesize market trajectory this week has been one of the steepest rallies the sector has experienced. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.
Capesize: Riding the downward momentum of the previous week, the market was always going to be hard pressed to make any sort of revival. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.
Panamax: Another week of upward momentum in the Panamax market, with East Coast South America (ECSA) grain trips to the Far East witnessing the largest gains. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.
The BIMCO Dry Bulk Cargo Network held its first meeting, where members took the opportunity to network, share and get clarification about shipper’s cargo information and declaration under the International Maritime Solid Bulk Cargoes (IMSBC) Code.
