Asia Dry Bulk-Capesize Rates Sliding as Overcapacity Weighs

//Asia Dry Bulk-Capesize Rates Sliding as Overcapacity Weighs

Asia Dry Bulk-Capesize Rates Sliding as Overcapacity Weighs

By | 2016-12-08T15:27:00+00:00 December 8th, 2016|feed news|Comments Off on Asia Dry Bulk-Capesize Rates Sliding as Overcapacity Weighs

Capesize rates 26-33 pct higher than a year ago, but could fall towards Chinese New Year. Freight rates for large capesize dry cargo ships on key Asian routes may fall further next week as prospects for a pre-Christmas rally fade with ship supply outpacing cargo demand, ship brokers said.