Stronger Brazilian export programmes have tightened Capesize availability in the Atlantic, supporting index gains through the week.
Capesize2d ago· Elena Marchetti
Capesize market
Capesize bulk carriers of roughly 100,000 dwt and above, dominated by iron ore and coal on long-haul routes and unable to transit the Panama Canal in most configurations.
Typical size range: 100,000+ dwt
Higher iron ore shipments lift long-haul tonne-mile demand
Increased volumes on longer Atlantic routes are absorbing more Capesize capacity per tonne shipped.
Iron Ore5d ago· Priya Nair
Bauxite volumes add support to the Capesize market
West African bauxite shipments are providing an additional demand stream for larger tonnage.
Minor Bulks6d ago· Priya Nair
Capesize period fixtures attract renewed charterer interest
Longer-term cover is being sought against a firmer forward curve.
Freight Rates17d ago· Elena Marchetti