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Freight Rates

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Latest From Freight rates

Plunging capesize index sinks to fresh low of 122 points

Cargo volumes out of Brazil were anaemic, and this has clearly hurt the supply-demand balance for capesizes, with Pacific trade also thinning

Australia China

GRIs halt transpacific rate slide

Asia-US west coast and Asia-US east coast spot rates on the SCFI have climbed to $1,626 and $2,634 per feu, respectively

Asia Pacific North America

Western Australia ports reopen after cyclone

The Western Australia to China capesize voyage C5 route on the Baltic Exchange dipped to $4.68 per tonne, a decline of 18.3% over the week

Australia Dry Bulk

Dry bulk shipments face impact of extreme weather

Some short-term shipping delays can help owners, with added demand for vessels thus providing upward pressure on rates, a Singapore-based broker said

Australia Dry Bulk

New blow to minor bulk owners as canola feud boils over

If this is indeed the start of a new trade war between Beijing and Ottawa, this could have significant repercussions on oilseed and grain trade, shipbroker Banchero Costa warns

China Canada

Transpacific rate misery marches on

Transpacific carriers could restrict capacity additions altogether in an attempt to balance the market, analysts suggest

Asia Pacific North America
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