Dec. 2 Daily Dry Bulk Comment


A large amount of dry bulk vessels were chartered in the spot market today, which is somewhat rare for a Monday. This has helped rates for all four dry bulk vessel classes find continued support, with capesize rates again finding the most amount of support. The capesize market has seen rates increase by a large amount again today as spot capesize availability has remained tight. In addition, a large amount of iron ore cargoes surfaced in the market today.

Source from : CNSS