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Finance & Markets

Dry Bulk Shipping: Capesize Market Rebounding

Capesize The market gathered momentum through the week, with improving sentiment and stronger fixing activity across both basins driving a broad-based recovery. The Pacific initially remained relatively subdued, with C5 fixtures holding around the high $13s to $14 as miners maintained a measured approach. However, increased competition for tonnage saw rates push through the $14 ...

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

Read the original at hellenicshippingnews.com →

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US suspends Chinese vessel port fees for 2 months, will accept public comment

The US Trade Representative (USTR) will take public comment through 30 October and is suspending the implementation of port fees for Chinese vessels by two months as officials from both countries…

  • US Trade Representative suspends Chinese vessel port fees for 2 months
  • Fees were set to begin November 10th, now delayed to January 9th
  • Decision pending public comment and further Chinese negotiations

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