Dec. 10 Daily Dry Bulk Comment


A larger amount of dry bulk vessels were chartered in the spot market today, including a larger number of capesize vessels chartered to haul iron ore cargoes. This has helped capesize rates increase today. Rates for panamax and handysize vessels have also been able to find continued support, as a moderate amount of coal, grain, and mineral cargoes has continued to surface in the spot market. Surpramax rates have come under a small amount of pressure, however, as supramax fleet growth has remained moderate.

Source from : CNSS