
Iron Ore Demand Drives Capesize Rates Over $34,000 Per Day
Dry bulk carriers followed a bit behind their container ship counterparts but are now rebounding in a colossal way. Dry bulk shipping jumped to a new high for the year on Monday with rates at $34,293 per day compared to under $5,000 per day through the first and second quarters. Rates were 127 percent higher […]