The Capesize market experienced steady improvement this week, supported by robust demand and active trading in both the Atlantic and Pacific basins. Starting the week on a stable note, the BCI 5TC ...
The region's largest contribution comes from Guinea, but other nations are also seeing significant growth. Mauritania, Africa's second-largest iron ore producer, along with Sierra Leone, Ghana, and ...
The Capesize market faced a persistent downturn this week, with the Baltic 5TC declining daily to end at $15,395, down $2,779 from Monday. In the Pacific, limited mining demand early in the week led ...
The balance is comprised of Panamax bulk carriers between 55,000 and 80,000 dwt, Capesize ships over 80,000 dwt and combination carriers that move between the liquid and bulk trades. About 365 ...
The index, which factors in rates for capesize, panamax and supramax shipping vessels, added 5 points to 1,814 points. The capesize index gained 43 points to 2,878 points. Average daily earnings ...
SHIP's fleet consists of 17 Capesize and 1 Newcastlemax vessels, with an average age of 13.4 years; half have scrubbers installed. Financially, SHIP is in a good position. Its operating income ...