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Drybulk shipping rates continue to move higher, led by capesize rates
Drybulk shipping rates are up big during past five weeks and rose again overnight. The Baltic Dry Index rose 3.2% overnight and has surged 49% since Feb. 12; the BDI has gained in 24 of the last 26...
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Supertankers At Work For Higher Rates
as Oil Prices Fall February 19, 2015 Tanker Glut Signals 25% Slump In Freight Rates This Year Oil tankers are anchored near the Port of Long Beach, California. Photographer: Tim Rue/Bloomberg...
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Baltic Dry Index Could Test Lows: Dry Bulk Shippers Continue To Suffer
I have written many times over the exit of the managed accounts from the shipping sector. The volume of email ( deniers ) are second only to opposition to my position to sell/ avoid Chesapeake at $22...
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