Subscribe to RSS feedCapesizes above US$100,000 as rates double in two weeks
by
Michelle Wiese Bockmann, London
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last modified
Jun 11, 2009 12:48 PM
RATES for a capesize vessel broke the US$100,000 per day barrier last week, with Italian trader Coeclerici one of a raft of charterers paying a six-figure sum to secure tonnage in the Atlantic basin.
Coeclerici chartered the 2003-built 175,775 dwt China Steel Responsibility at a rate of up to US$105,000 per day to load coal from the Colombian port of Bolivar in three weeks, destined for Europe.
It was one of the most...
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