Home /Shipping Market/ Weekly Dry Time Charter Estimates, May 11 2016
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thanhvien
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Posts:216
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Gender: _NEUTRAL_
Date: 11/05/2016
Weekly Dry Time Charter Estimates, May 11 2016
#post310

Baltic Dry Index (BDI) has decreased 22 to reach 594 points yesterday, which is the sharpest drop seen since Nov-2015.

The main reason for this sharp decrease was that the activity in major trading routes was very quiet.
Panamaxes for 4-7 Months PAC trips, achieved rates at around $5,250/day, while Kamsarmaxes from ECSA to SPORE
trips achieved $7,500/day + $250,000 BB.

 


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