VLCC Mid-July Gains Reverse as Charterers Regain Control – The VLCC freight market now seems to have shifted back to a charterer-led environment, reversing the modest gains seen in mid-July.
Panamaxes Steal the Spotlight as Dry Bulk Rallies – Over the past two weeks, Panamax spot rates have demonstrated an impressive and largely unexpected performance, with the Index reaching its highest levels in over a year and currently hovering around the 16,000 mark.