Q3 entered the dry bulk cargo market downwards theseanation.gr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theseanation.gr Daily Mail and Mail on Sunday newspapers.
Capesize 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. The positive market sentiment was largely Pacific led yet that didn’t stop the Atlantic Basin and ballaster trades from getting in on the act, .
All-inclusive container rates into North America were rangebound at depressed levels during the week ended April 22 amid weak demand for cargoes out of Asia. As many North Asian cities and production regions remain under lockdown, US cargo owner sources indicated that Asian exports were increasingly difficult to book, compounded by a raft of port .
Bigger sizes, bigger increases theseanation.gr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theseanation.gr Daily Mail and Mail on Sunday newspapers.
Capesize The Capesize market traded sideways this week as the 5TC closed at $10,302, an improvement of +1384 over the week. Lunar New Year holidays ensured the market was more subdued with holidays across Asia. Fixture activity looked to increase towards the end of the week. However, this was mainly based around the usual trade .