Overcapacity Weigh

14 Jan

Asia Dry Bulk-Capesize Rates to Slip; Low Demand, Overcapacity Weigh

  • By: Bangladesh Ship Supply
  • Blog
  • Comments Off on Asia Dry Bulk-Capesize Rates to Slip; Low Demand, Overcapacity Weigh

Despite lower rates, rental prices doubled from last year; capesize vessels totalling 15 million DWT to be delivered this year – broker. Freight rates for large capesize dry cargo ships on key Asian routes are likely to drift lower as tonnage volumes outpace cargo demand even as owners resist charterers’ attempts to push rates lower, […]

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