Tonne Day Growth Analysis: Assessing Momentum Across Vessel Categories

Capt. John

In the closing days of March, there has been a discernible softening of momentum in the Capesize Brazil to North China rates, following an upturn recorded in the previous week. Nevertheless, the recent momentum remains notably firmer than levels observed a month ago. Notably, the larger vessel size categories continue to exhibit strength, with a continued decrease in the number of ballasters for Capesize and Panamax vessels in Southeast Asia and Africa. Furthermore, the end of the month has...

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