Panamax rates sinking as confidence ebbs away
Jamie Dale - Wednesday 8 October 2008
FREIGHT rates in the Atlantic panamax market eased back again yesterday, removing any expectation of further gains this week, writes Jamie Dale.
Despite a quiet start on Monday, owners had managed to add an extra few dollars to last week’s modest increases in the daily hire rates. The transatlantic round voyage was $15,413 per day on Monday,...


