Dry cargo market report dated 12 January 2024
15 January 2024Capesize: The capesize market concluded the week on a relatively sombre note.
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Dry cargo market report dated 22 September 2023
25 September 2023Capesize: The Pacific market started with a positive outlook, maintaining healthy cargo volumes driven by substantial coal shipments from East Coast Australia to the Far East. Rates initially increased, but as the week progressed, a notable shift occurred. Owners began contemplating ballasting towards the Atlantic, creating additional pressure in the Pacific market.
Dry cargo market report dated 3 March 2023
06 March 2023Capesize: The average of the 5 Capesize timecharter routes were one step away from breaking through the $10,000 threshold upon closing on Friday after a week of continuous improvement.
Dry cargo market report dated 18 November 2022
22 November 2022Capesize: The Capesize market had little cheer this week as rates subsided throughout the week, albeit on the back of reasonable fixing activity. The Capesize 5TC now stands at $9,305 - a decrease of 3502 week on week.
Dry cargo market report dated 7 October 2022
11 October 2022Capesize: The Capesize market inched higher this week as increased activity continues to lift expectations with the 5TC closing at $19,874, up 3,660 over the week. The Atlantic remains the more optimistic region.
Dry cargo market report dated 6 May 2022
10 May 2022Capesize: The Capesize market has made the most of the short working week as rates have lifted strongly, with the 5TC now residing at $24,002 - up $6262 week on week.
Dry cargo market report dated 10 September 2021
13 September 2021Capesize: The Capesize market staged a dramatic turnabout at weeks end after seeing several days of value eroded off each route in the market. 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.
