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Dry Bulk Shipping Rates Hit $80,000 Per Day As Buyers Scramble For Coal

Dry Bulk Shipping Rates Hit $80,000 Per Day As Buyers Scramble For Coal
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It Still Feels Like the Early Innings for the Dry Bulk Boom

Rather than futures contracts, I usually stick with the companies..FLNG

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Dry bulk shipping rates hit $80,000 per day as buyers scramble for coal

Capesize bulkers haven’t earned this much since 2009, and freight futures just made “monstrous” move up.

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Dry bulk shipping rates hit $80,000 per day as buyers scramble for coal | Hellenic Shipping News Worldwide

Yet another sign of stress for energy supplies and global supply chains: Spot rates for large dry cargo ships just topped $80,000 per day for the first time since 2009, and freight derivatives for the fourth quarter a period when rates for these vessels normally pull back just spiked. Not long ago, it .

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7 of the Best Performing ETFs in Q3

Top ETFs show tactical opportunities in 2021. After a rather disappointing September, the U.S. stock market gave up every bit of its gains made in the prior two…

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