Nov. 29 Daily Dry Bulk Comment


A moderate amount of dry bulk vessels were chartered in the spot market today, with activity strong enough to allow freight rates for all four dry bulk vessel classes to find continued support. Capesize rates have again found a very large amount of support on the strength of firm iron ore demand and tightness in the availability of capesize vessels in the spot market. The capesize market has also been helped by a large amount of coal cargoes surfacing in the market.

Source from : CNSS