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  • August 27, 2014
  • Last updated: 9:47pm
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Results 1 - 2 of 2 for capesize

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  1. Jinhui companies warn of first-quarter profits drop

    Posted May 09th 2012, 12:00am

    ... the market outpaced cargo demand in recent months, depressing charter rates. This was particularly severe for larger ships including 180,000 deadweight tonne (dwt) Capesize vessels. The firm has about 40 ships in its fleet, including 33 Supramax vessels of about 56,000 dwt and two Capesize ships. British shipbroker Clarkson said average earnings for Supramax and Capesize vessels were ...

  2. Jinhui net profit slumps 75pc in first quarter

    Posted May 31st 2012, 12:00am

    ... fell close to or below some shipowners' cash break-even levels. He said two dry bulk Capesize ships, which can carry about 170,000 tonnes of iron ore or coal, were chartered to other operators at a loss last June after the previous high earning contracts were terminated. The average time charter equivalent earnings for each of the Capesize ships was US$10,750 a day in the first ...



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