BIMCO: dry bulk shipping should take good care of the recovery
Published by Harleigh Hobbs,
Editor
Dry Bulk,
According to a recent report from BIMCO, even without much support from Brazilian iron ore exports during August, capesize rates went from US$10 000 to US$17 000/day. In September, those gains were retained until Chinese Golden Week in early October reduced trip chartering interest, dampened demand and lowered the freight rates. Not dramatically, but noticeably.
To read the full article
"BIMCO: dry bulk shipping should take good care of the recovery "
Please sign in or register for FREE
Sign in »
Register for free »
Get started absolutely FREE in 2 minutes, plus receive a free printed magazine.
Read the article online at: https://www.drybulkmagazine.com/special-reports/09112017/bimco-dry-bulk-shipping-should-take-good-care-of-the-recovery/
You might also like
Vale and Petrobras announce a partnership to test fuel with renewable content on bulk carrier
The product was formulated by Petrobras Singapore (PSPL) itself in its locally leased tanks, by blending 76% fossil fuel oil from the refineries of the Petrobras System and 24% UCOME, a biofuel originating from the processing of used cooking oil (UCO), purchased in the region.