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Finance & Markets

Dry Bulk Market: Capesize Steadying After Recent Gains

Capesize The market experienced a mixed week, with the Pacific providing the main source of volatility while the Atlantic remained comparatively steady, albeit lacking consistent momentum. The Pacific initially came under pressure before recovering through midweek, supported by regular miner participation on C5, with fixtures progressing from the low $18s to around $18.50. However, this ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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Tankers: VLCC Market on the Rise

Clean LR2 The TC1 75kt MEG/Japan index jumped 209 points this week to WS785 returning around $232,000/day on a Baltic round trip basis.

  • VLCC market surges 209 points to WS785 on TC1 75kt MEG/Japan index
  • TC20 90kt MEG/UK-Continent index increases 66% to $16.5 million
  • TD3C route from Gulf of Oman to China rises 21% to WS821.11

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