Oct. 24 Daily Dry Bulk Comment

2013-10-25

A larger amount of dry bulk vessels (including capesize and panamax vessels) were chartered in the spot market today, but the story for this week has remained the same. Only supramax and handysize rates have been able to find support, due in large part to grain and mineral cargo trade. Capesize rates, however, have continued to decline by a large amount due to an ongoing lull in iron ore cargoes. Panamax rates have remained under a small amount of pressure as well.

Source from : CNSS

HEADLINES