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  • September 15, 2014
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Results 1 - 3 of 3 for capesize

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  1. 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 ...

    http://www.scmp.com/article/1008175/china-cosco-shares-fall-interim-net-loss-set-grow
  2. Cosco pays up to settle dispute over lease contracts with Jinhui

    Posted Sep 02nd 2011, 12:00am

    ... problem'. Cosco's problems arose after it leased ships on long-term charter during the height of the commodities boom in 2008 when the daily rate for a 180,000 dwt Capesize vessel was more than ...

    http://www.scmp.com/article/977903/cosco-pays-settle-dispute-over-lease-contracts-jinhui
  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 ...

    http://www.scmp.com/article/677459/cosco-income-hit-rapid-collapse-freight-rates

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