Friday, 03 February 2017 13:32

Market Report - February 3, 2017

 Today the Baltic Dry Index feel 18 points reaching 752 points.  Freight rates for large capesize dry cargo vessels on key Asian routes are likely to hold around the current levels next week on ample tonnage supply even as chartering activity is likely to increase following the end of the Chinese New Year holidays. 

        Capesize          Panamax            Supramax 
Index              981          922         667       
One week ago          1239          968         692
Spot time charter       $     7,381/day       $    7,374/day   $   6,978/day    
One week ago    $     8,987/day  $    7,743/day   $   7,233/day

 

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