Nov. 27 Daily Dry Bulk Comment


A very large amount of dry bulk vessels were chartered in the spot market today. This has helped rates for all four dry bulk vessel classes to find continued support. In particular, capesize rates have found a large amount of support as a large amount of iron ore cargoes have continued to come to the market. The rest of the dry bulk market has also continued to be helped by a moderate amount of coal, grain, and minor bulk cargoes continuing to surface.

Source from : CNSS