Nov. 28 Daily Dry Bulk Comment

2013-11-29

A very large amount of dry bulk vessels were chartered in the spot market again today. This has helped rates for all four dry bulk vessel classes to find continued support, with capesize rates again finding the most amount of support. The capesize market has seen rates increase by a very large amount today as spot vessel availability has become very tight. In addition, a large amount of iron ore cargoes have continued to surface in the market.

Source from : CNSS

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