August Blues Depress Volatility but Rates Hold Strong – An uneventfulfortnight in terms of cargo flow has reduced near-term activity, contributing to a decline in spot rate volatility.
VLCC Market Rebounds on Stronger MEG Activity – Following the charterer-led softness at the end of July, the VLCC market has regained firmer footing in mid-August, particularly in the Middle East Gulf (MEG).
Panamaxes Spot rates Ease, as Capesizes Find a Higher Level – Despite some moderation in broader dry bulk market balances, spot rates across sectors remain elevated compared to last month.
