Time-charter rates for Panamax and post-Panamax dry bulk ships were heard fixed in the market at $100,000/d or more Feb. 16, causing a stir among market participants, says an article published in S&P Global.
Low Levels of Spot TonnageFreezing temperatures across Europe have driven up coal demand on mid-sized dry bulk ships in recent weeks, and low levels of spot tonnage — especially of ice-class ships — have seen time-charter rates spike to levels not seen since before the 2008 global financial...
https://mfame.guru/time-charter-rates-more-than-triple-in-two-weeks/