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You are here: Home Archive 2009 Feb 16 Panamax outlook poor after shortlived rebound

Panamax outlook poor after shortlived rebound

by Obsidian last modified Feb 16, 2009 12:00 AM

by Lloyd's List in London 11:15AM, 16 Feb 2009

Prospects for improved second-quarter bulk carrier chartering rates appear poor after a major freight derivatives sell-off last week saw panamax and contract values drop sharply, Lloyd's List reports.

Panamax Q2 contracts lost nearly a third of their value in three...

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