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Dry cargo market report dated 10 February 2023

13 February 2023

Capesize: It has been a relatively quiet week, with a mild degree of adjustments from both basins. The average of the 5 Capesize timecharter routes eventually broke the $4,000 threshold on the last day of the week, pricing at $4,033, which is about a 15 per cent rise compared with last Friday.

Dry cargo market report dated 9 September 2022

12 September 2022

Capesize: The Capesize sector spent the week trundling along the market floor as the last few day’s brief revival of rates was quickly wiped out, returning the 5TC back to $5-6k OPEX levels. On a more positive note, the Atlantic basin has begun to see a little more fixture activity with both Transatlantic and Fronthaul from Eastern Canada trades being heard.

Dry cargo market report dated 10 December 2021

13 December 2021

Capesize: The Capesize market peaked mid-week from its recent rally as the 5TC marked down -$1344 on the last day of the week to settle at $40,035. A tonnage tightness in several positions, particularly in the north Atlantic, led to gains early on in the 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.

BIMCO has updated its port information database

22 August 2019

BIMCO has updated and restructured its port information database which provides the maritime industry with reliable information about port facilities, working hours and national holidays.