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Dry cargo market report dated 6 October 2023
09 October 2023Capesize: Throughout the week, the cape market has displayed remarkable resilience and positivity, defying challenges such as holidays in the Far East.
Dry cargo market report dated 21 April 2023
24 April 2023Capesize: This week the market saw a slow start, with a healthy supply of tonnage in the Pacific and limited enquiry, particularly from East Coast Australia to China.
Dry cargo market report dated 31 March 2023
03 April 2023Capesize: The first quarter of 2023 ended with a decline of $95 on the Capesize time charter average (5TC), pricing at $13,806 on the last day in March.
Dry cargo market report dated 6 January 2023
09 January 2023Capesize: The decline in the first week of the year appeared to be no surprise to the market due to the lackluster activity and seasonal headwinds since the holiday season.
Dry cargo market report dated 11 November 2022
15 November 2022Capesize: Activity in the Capesize market had the 5TC pushing in value over a few days in midweek.
Dry cargo market report dated 19 August 2022
22 August 2022Capesize: The Capesize market continued to soften this week leaving little ambiguity about the state of the market as the 5TC posted at a low of $6,267 on Friday. While the Pacific rates have already been bottoming out in recent times, the Atlantic trade routes were the movers this week shedding value as hopes of a trend-bucking rally diminish.
Dry cargo market report dated 18 February 2022
22 February 2022Capesize: The Capesize market struggled to hold its value this week as rates ebbed away across all routes. 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 14 January 2022
18 January 2022Capesize: The Capesize market endured a somewhat traditional post-holiday Q1 drop as the 5TC descended -7760 over the week to settle at $12,407. Trading activity was relatively quiet over the week as news from Brazil reported high rainfall affecting mining operations of iron ore flow. 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.
