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SSY Atlantic Capesize Index gain by 128 points

January 29, 2018

© Lukasz Zakrzewski / Adobe Stock
© Lukasz Zakrzewski / Adobe Stock

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".

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