Capesize Activity Picks Up as Winter Market Takes Hold - The October slump in Capesize spot rates is now behind us, and we anticipate rates will soon reach the mid-$20,000 range.
VLCC Market Sees Unseasonal Downturn Amid Overcapacity and Rising Preference for Chinese Shipowners – The VLCC (Very Large Crude Carrier) market is experiencing an unusual downturn for this time of year, marked by low activity and a persistent drop in rates across both Eastern and Western markets.
