Subscribe to RSS feedCapesize rates up, outlook uncertain
by
Sineva Toevai
—
last modified
Aug 18, 2010 10:05 AM
FREIGHT rates for all ship classes have risen despite a fall in demand for dry bulk cargo.
A dry bulk report by Commodore Research showed that average day rates for capesize vessel recently rose 17% to US$14,965 a day as owners continued to keep their ships out of the spot market. Meanwhile, rates for panamax were up...
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