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Home Icon > About Us > News > Asia Capesize Rates to Stay Flat in ‘Rock Bottom Market’

Asia Capesize Rates to Stay Flat in ‘Rock Bottom Market’

By Keith Wallis SINGAPORE, Jan 28 (Reuters) – Freight rates for capesize bulk carriers on key Asian routes are likely to stay flat as vessel volumes outpace cargo demand and the approaching Chinese New Year holiday further dampens chartering activity, ship brokers said on Thursday. There is little hope of any improvement in rates, which […]

The post Asia Capesize Rates to Stay Flat in ‘Rock Bottom Market’ appeared first on gCaptain.

WP_Post Object ( [ID] => 103731 [post_author] => 4 [post_date] => 2016-01-28 17:55:34 [post_date_gmt] => 2016-01-28 17:55:34 [post_content] =>

Photo: Shutterstock/Teun van den DriesBy Keith Wallis SINGAPORE, Jan 28 (Reuters) – Freight rates for capesize bulk carriers on key Asian routes are likely to stay flat as vessel volumes outpace cargo demand and the approaching Chinese New Year holiday further dampens chartering activity, ship brokers said on Thursday. There is little hope of any improvement in rates, which […]

The post Asia Capesize Rates to Stay Flat in ‘Rock Bottom Market’ appeared first on gCaptain.

[post_title] => Asia Capesize Rates to Stay Flat in ‘Rock Bottom Market’ [post_excerpt] =>

Photo: Shutterstock/Teun van den DriesBy Keith Wallis SINGAPORE, Jan 28 (Reuters) – Freight rates for capesize bulk carriers on key Asian routes are likely to stay flat as vessel volumes outpace cargo demand and the approaching Chinese New Year holiday further dampens chartering activity, ship brokers said on Thursday. There is little hope of any improvement in rates, which […]

The post Asia Capesize Rates to Stay Flat in ‘Rock Bottom Market’ appeared first on gCaptain.

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