Baltic dry index rose 0.1% last week. Capesize Index gains were offset by Panamax Index losses. Supramax and Handysize Index almost unchanged. Not much happening here also…Chinese buyers cutting back on iron ore import volumes thereby hurting capesize rates; Iron ore producers holding prices high. Chart 1. Baltic Dry Indexes Relative Performance Chart 2. Baltic […]

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Baltic Dirty Tanker Index rose 2.5%; Baltic Clean Tanker Index increased 6%. A touch of reality coming to the markets  with vessel owners realizing the May demand could be weaker than (over-optimistically) expected. Despite much effort your favorite blogger didn’t find a single interesting story in the sector this week. Chart 1. Baltic Tanker Indexes […]

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