The Baltic Index (BDIY), which provides a benchmark for the price of moving the major raw materials by sea, fell for a seventh straight session yesterday and is down almost five...

By Keith Wallis SINGAPORE, March 31 (Reuters) – Freight rates for large capesize dry cargo vessels on key Asian routes, which hit multi-month highs on Tuesday, could climb further on...

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for large capesize dry cargo vessels on key Asian routes could remain rangebound next week as abundant tonnage puts a...

By Keith Wallis SINGPAORE, Feb 23 (Reuters) – Freight rates for large capesize dry cargo vessels on key Asian routes, which hit multi-week highs on Wednesday, are set to continue...

By Keith Wallis SINGAPORE, Feb 2 (Reuters) – Freight rates for large capesize dry cargo vessels on key Asian routes are likely to hold around the current levels next week...

By Keith Wallis SINGAPORE, Jan 19 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes could hold steady or slip slightly next week after unexpectedly...

By Keith Wallis SINGAPORE, Dec 22 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes could diverge with rates from Brazil to China nudging higher...

By Keith Wallis SINGAPORE, Dec 1 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes could drop next week as charterers hold back cargo although...

By Keith Wallis SINGAPORE, Oct 20 (Reuters) – Freight rates for large capesize dry cargo ships on key Asian routes will continue to fall next week as too many ships...

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for capesize bulk carriers on key Asian routes are likely to remain flat as the number of vessels for hire...

March 2 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose further on Wednesday, on improved rates for panamaxes and smaller...

  By Keith Wallis SINGAPORE, Oct 29 (Reuters) – Freight rates for capesize bulk carriers could slip further next week as too many ships available for hire weigh on the...

  By Keith Wallis SINGAPORE, Oct 15 (Reuters) – Freight rates for capesize bulk carriers could bottom next week as owners resist charterers’ attempts to force rates lower on the...

  Sept 30 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry-bulk commodities, fell on Wednesday, primarily due to lower demand for capesize...

  By Ole Mikkelsen COPENHAGEN, Sept 21 (Reuters) – Danish shipping company D/S Norden plans to cut the number of vessel types it operates to help it through a long-depressed...

  By Keith Wallis SINGAPORE, Aug 20 (Reuters) – Freight rates for capesize bulk carriers are set to slide further next week, after falling to their lowest level in five...

  By Manisha Jha and Bill Lehane (Bloomberg) — The cost of hiring a ship to haul iron ore more than doubled in the last month amid speculation that China...

  By Keith Wallis SINGAPORE, July 23 (Reuters) – Freight rates for capesize bulk carriers are likely to hold steady next week although a rush of cargo in the Atlantic...

Rates for capesize bulk carriers have plunged to fresh six-year lows and could fall further with cargoes scarce in the post-holiday period, brokers said.

A deeper slump in earnings for ships that carry most of the world’s coal and ore cargoes would force owners to take vessels out of service, according to shipbroker RS Platou Markets AS.