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  • November 23, 2014
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Results 1 - 4 of 4 for capesize

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  1. Upbeat forecast for container shipping sector

    Posted Jan 21st 2011, 12:00am by Keith Wallis

    ... Average daily freight rates for an 180,000-deadweight-tonne Capesize ship used to haul iron ore or coal have fallen to below US$10,000 per day. This is less than present charter rates for handymax ships, which, at about 45,000 dwt, are a quarter of the carrying capacity that are operated by companies such as Pacific Basin Shipping. Freight rates for Capesize ships on some routes are lower ...

  2. China Cosco shares fall as interim net loss set to grow

    Posted Jul 31st 2012, 12:00am

    ... the Shanghai Shipping Exchange. But average charter rates for a large Capesize dry cargo ship carrying iron ore or coal plunged from US$14,993 per day at the start of January to just US$3,211 per day ...

  3. Cosco income hit by rapid collapse of freight rates

    Posted Apr 20th 2009, 12:00am by Charlotte So

    ... and the frightening drop in freight rates in the last three months of the year. Spot earnings for the capesize segment peaked at an incredible US$233,988 per day on June 5 only to slide precipitously over the next six months to US$2,316 per day on December 2, a 99 per cent dive. China Cosco, which operated 81 capesize vessels as of the end of June, and 351 ships of other types, also felt ...

  4. Dry bulk ship deliveries to outpace demand

    Posted Sep 24th 2010, 12:00am by Keith Wallis

    ... to grow between 6 per cent and 8 per cent a year, the global fleet of dry bulk ships would grow by 14.6 per cent this year. Most of the new deliveries are capesize ships of around 180,000 ...



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