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International Dry Bulk Capes

Seasonal lull hits bulkers but agri-commodities provide support

Following one of the best Januarys seen for the segment in several decades, freight rates have begun to slide as the market heads into a seasonal lull in activity due to the Chinese New Year holidays

  • Analysis

The shortage of available containers in many export ports, especially in China, could see increasing demand for dry bulk tonnage as a secondary effect. Meanwhile, port congestions in east coast South America are likely to further boost freight rates for the mid size and geared vessels

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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