Positive Momentum Drives VLCC Spot Rates Higher as Tonnage Tightens – A wave of positive momentum swept through the VLCC market in the Arabian Gulf, fueled by a surge in chartering activity for early April loadings.
Capesize Spot Rates Hit 4-month Highs as Seasonality Kicks In – The past month has been remarkably strong for the dry bulk shipping market, with spot rates experiencing a significant resurgence.