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  • August 1, 2014
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Results 1 - 2 of 2 for capesize

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  1. Crystal ball cloudy for freight industry

    Posted Aug 18th 2010, 12:00am by Keith Wallis

    ... signals on the future direction of freight rates. This comes after a resurgence in freight levels for all types of dry-bulk cargo vessels, including large, 180,000 deadweight tonne capesize vessels. Average earnings for a 10-year-old capesize ship jumped to US$28,137 per day by last Friday, up from US$12,938 per day on August 6, said London-based shipbroker Clarksons. This followed ...

  2. Bulk shippers fall on rates gloom

    Posted Sep 27th 2008, 12:00am by Charlotte So

    ... said it could cut output by 15 per cent in Europe and the United States. The cost of hiring capesize vessels is expected to plummet the most in at least nine years. The freight rate is expected ... from Brazil due to the proposed price increase in the commodity by mining company Vale. Shipping Brazilian iron ore to China is the single biggest component of global demand for capesize ...



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