Cement News tagged under: capesize handysize panamax Freight Markets

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Quiet handysize and panamax markets, capesize promising

05 August 2013, Published under Cement News

Traditionally a more quiet time of the year, the freight market does not delivery any big surprises. Handysize and panamax markets see available shipping capacity outnumber actual cargoes. In the capesize market, charters are improving. The Baltic Dry Index (BDI) slipped in July but still enjoys a much better level than last year. In terms of handysize shipments, the Pacific market is still fairly quiet. Only a few coal shipments were noted as the Ramadan period continues. Pacific RV rate...

Holidays make for cool start to the past week

31 May 2012, Published under Cement News

Rates in the Atlantic generally fell in the larger vessel sizes but Handysize charters firmed during the past fortnight. In the Pacific, a similar trend was noted although the Handysize segment delivered a mixed performance. Holidays, reduced activity in China and new vessels leaving shipyards all combined to subdue freight rates. The Baltic Dry Index slipped again between 16 and 30 May, from 1137 to 950, registering a 16% drop. Handysize rates rose 15.6% in the Atlantic with RV prices...