SSY Atlantic Capesize Index gain by 128 points

Monday, January 29, 2018

Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index gain by 128 points in the week ending Monday to 6,825.

"After falling to a five-month low last week, the SSY Atlantic Capesize Index rebounded by 128 points from the previous week to 6,825. The premium to the year-ago level climbed to more than 1,300 points. The Atlantic round voyage rate (180k dwt) rose by $800/ day to $15,650/day, while fronthaul rates rebounded by $1,500/day to $25,850/day".

Categories: Bulk Carriers Finance

Related Stories

AI-based Car Carrier Allocation System Launched

Panama Canal Launches Concession Process for Natural Gas Pipeline

Baltimore: Bulk Carrier Afloat After Explosion

Current News

AI-based Car Carrier Allocation System Launched

Panama Canal Launches Concession Process for Natural Gas Pipeline

South Africa's Transnet Agrees Equipment Deal with Liebherr

Port of Long Beach Orders Two Ship-to-Shore Cranes

Subscribe for Maritime Logistics Professional E‑News