Thu, Jan 15
    SeaNews Türkiye - Maritime Intelligence
    markets

    Dry bulk panamax market heavily oversupplied, unlikely to find support in 2013

    January 10, 2013
    SeaNews
    1,195 views
    Share:
    Dry bulk panamax market heavily oversupplied, unlikely to find support in 2013
    Archive Photo

    Despite positive indication for a significant surge of dry bulk demand this year, the oversupply problems of the market, will continue to weigh heavily in terms of freight rates. Yesterday, the BDI was up by 9 points to 743, with Panamaxes posting an increase of 35 points to 717 (Baltic Panamax Index), which was enough to push the market higher, as all other subsectors were mostly unchanged. Accor...

    [ARCHIVED]
    © Copyright SeaNews

    Comments (0)

    Leave a Comment

    Your comment will be reviewed before publishing.