February 7, 2024
CAPESIZE INDEX is at 2371 UP 229 / 10.69%
PANAMAX INDEX is at 1428 UP 9 / 0.63%
SUPRAMAX INDEX is at 1041 UP 4 / 0.39%
HANDYSIZE INDEX is at 577 DOWN 5 / -0.86%
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January 16, 2024
Welcome to 2024 and what will likely be another challenging year in the freight market. Despite good supply-side fundamentals, the market remains volatile due to the many factors impacting the global economy and our spot markets. Two questions: Has the market found a post-holiday, new-year bottom? And why aren’t freight rates higher?
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