Dry cargo market report dated 11 August 2023
14 August 2023Capesize: The week started with the usual slow pace on Monday, but it quickly picked up momentum.
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Capesize: The week started with the usual slow pace on Monday, but it quickly picked up momentum.
Capesize: A stronger week overall for the sector as the North Atlantic appeared active with more enquiry since the middle of the week.
Capesize: A mild week for the Capesize sector saw rates trundling sideways with small pockets of encouragement.
The 79th meeting of the IMO Marine Environment Protection Committee (MEPC) took place from 12 to 16 December. Key decisions and discussions are highlighted.
Capesize: Overall it was not a very active week, with limited fresh cargo support from either of the basins.
The decision of the EU Council to launch EUNAVFOR Med was today strongly welcomed by BIMCO, following the association’s statement on 24 April calling for an extension of Operation Triton’s geographical reach.