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The Capesize market continued its assertive rally this past week reaching new highs in dramatic fashion.
Eagle Bulk Shipping Inc. takes delivery of M/V Antwerp Eagle
Capesize: Both the overall index and the time charter average jolted significantly higher on Monday, reaching new highs for the year...
SFL Corporation Ltd. recently announced that it has agreed to sell its seven handysize dry bulk vessels
The Capesize market staged a dramatic turnabout at weeks end after seeing several days of value eroded off each route in the market.
Pilbara Ports Authority has delivered a total monthly throughput of 59.9 million tonnes (Mt) for August 2021.
The Capesize market crested over the past week as the 5TC retracted $4452 since last Friday to close out at $46,647.
New Ocean-going Lakers represent the most efficient vessels to date for Fednav
In the global shipping market the first half of 2021 has seen a remarkable revival although one of the main sectors remained subdued.
Although the broad outlook for commodity imports into a wide range of countries looks favourable, some differences among elements are prominent.
Both the overall index and 5 time charter (5TC) average climbed back to positive territory at the end of the week after a mid-week decline.