Capesize owners idle tonnage as rates near historic lows
- Friday 17 August 2012, 15:54
-
- Dry Cargo
- Back to Lloyd's List Asia
OWNERS of capesize bulk carriers have begun idling tonnage from north China to Singapore, as spot freight rates flirt with all-time lows.Average time charter rates for capesize vessels quoted on the Baltic Exchange stood at $2,779 per day on Friday, close to the lowest capesize rate on...
Subscriber Log In
Welcome to Lloydslist.com
We now require that all subscribers register with us the first time they log in to the site. It only takes a minute and you only have to do it once. Learn more
If you have any questions please call our Technical Support team on:
Call: +44 (0)20 7017 4161 (Mon - Fri / 08:00 - 20:00 GMT)
Email: onlineaccess@informa.com
Not yet a subscriber - sign up for a free trial
Start your complimentary trial today. You are only a few short steps away from experiencing all Lloydslist.com has to offer at no charge
Shipping's 100 Most Influential People
Click here to see who shipping's most powerful people are
RSS feedMore Dry Cargo
-
Rising panamax prices will spur dry bulk rates recovery in 2014
Higher asset values deliver positive knock-on effect on... -
Seanergy agrees three more ship sales with bank
Restis-backed public firm retains just four bulkers as... -
Korea Development Bank may rethink purchase of STX Pan Ocean stake
Debt level of embattled dry bulk operator said to be... -
Laskaridis inks contracts for 10 bulkers from Jinglu yard
Greece-based owner also enters accord with yard for... -
Capesize rates drop despite pick-up in fixtures
Brokers expect strong continued strong iron ore demand...
