Capesize order book slips to 5% of fleet as contracting falls
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India, Tamil Nadu, Chennai - Harbour
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USA, Ohio, Toledo OH - Harbour
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Morocco, Casablanca - Harbour
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Brazil, Espirito Santo, Ponta do Ubu - Harbour
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Capesize spot rates hesitant despite 5% rise in demand
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Dry cargo market report
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Supply/demand balance
We expect the supply/demand balance to strengthen in 2024 but weaken in 2025. Supply is estimated to grow by 3-4% in 2024 and 1.5-2.5% in 2025, while demand is projected to grow by 4.5-5.5% in 2024 and weaken by 1-2% in 2025. Freight rates are expected to stay strong during the rest of 2024, but de... Please follow the link to continue reading.
China, Shanghai - Harbour
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Sweden, Luleaa - Local holidays and working hours 2023
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