Capes cooling down
The Capesize market has slowed down with little activity seen in the waters at the moment. But although softening the spot freight rates can still hold on to last done levels at least for the little amount of voyages concluded. (p. 1)
Smaller Sizes on a good track
The smaller sizes are enjoying further increasing freight rates and an interesting amount of business at the moment especially in the Pacific region. (p. 1)
Container Trade in India
India is said to be the next big hotspot for market growth in container shipping. The country currently has around 1.34 billion inhabitants and about 200 major and minor ports along its 7,500 km coastline. (p. 2)
…read more in today’s BMTI Daily Report