Baltic Exchange Shipping Insights
A round-up of the week's tanker and dry bulk market (Feb 11, 2022)
Capesize
There was positive sentiment throughout the dry freight sector this past week, including Capesize, as traders returned from Lunar New Year holidays.
Activity was clearly seen to be elevated as the Capesize 5TC rose +5095 over the week to close on a mild Friday at $15,397. All regions in the market were affected.
TRENDING NOW
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Can Vietnam’s small-business backbone survive a compliance squeeze – all at once?
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Not in education, employment or training: Why more Hong Kong youths are opting out of work