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Dry cargo market report dated 12 August 2022

15 August 2022

Capesize: The Capesize market continues to dwell in the doldrums as any attempts to spark a rally were quickly dealt a hammer blow as the 5TC closed the week at $10,898. This rate level is less than a third of the same time last year.

Airline capacity 37% lower than 2019, curbing demand for jet fuel

19 May 2022

In 2019, prior to the onset of the COVID-19 pandemic, jet fuel contributed an estimated 8% of oil products’ cargo demand. When travel restrictions were imposed during the pandemic, air travel suffered significantly and jet fuel shipments in 2021 were down approximately 33% compared to 2019. Airlines’ capacity has been on a slow recovery path since bottoming out in April 2020 but remains significantly lower than 2019 levels.

Dry cargo market report dated 4 February 2022

07 February 2022

Capesize: The Capesize market traded sideways this week as the 5TC closed at $10,302, an improvement of +1384 over the week. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.

Dry cargo market report dated 26 November 2021

30 November 2021

Capesize: The Capesize market was a mixed bag this week as routes ebbed and flowed giving little clear direction for traders. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.

Dry cargo market report dated 15 October 2021

18 October 2021

Capesize: The week ended on a negative note with continuous downward momentum in both basins. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.