Translate:
China Japan Russia Spain
Home Icon > About Us > News > Growing Chinese port congestion fires capes to 12-year highs

Growing Chinese port congestion fires capes to 12-year highs

Capesize spot rates are rocketing once again, having risen by more than $5,000 on a Friday and a further $6,736 on Monday, taking them back above the $50,000 mark and to levels not seen since 2009. Brokers Lorentzen & Stemoco described the current cape freight environment as a “perfect storm” in an update to clients …

WP_Post Object ( [ID] => 256523 [post_author] => 76 [post_date] => 2021-09-14 08:01:00 [post_date_gmt] => 2021-09-14 08:01:00 [post_content] =>

Capesize spot rates are rocketing once again, having risen by more than $5,000 on a Friday and a further $6,736 on Monday, taking them back above the $50,000 mark and to levels not seen since 2009. Brokers Lorentzen & Stemoco described the current cape freight environment as a “perfect storm” in an update to clients …

[post_title] => Growing Chinese port congestion fires capes to 12-year highs [post_excerpt] => Capesize spot rates are rocketing once again, having risen by more than $5,000 on a Friday and a further $6,736 on Monday, taking them back above the $50,000 mark and to levels not seen since 2009. Brokers Lorentzen & Stemoco described the current ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => growing-chinese-port-congestion-fires-capes-to-12-year-highs [to_ping] => [pinged] => [post_modified] => 2021-09-14 08:33:00 [post_modified_gmt] => 2021-09-14 08:33:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=151115 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )