Spot Dry Bulk Rates Continue to Underperform Although Expectations Remain High – The month of April proved to be a disappointment for freight futures traders as earlier expectations for a rebound in rates failed to materialize.
VLCC Rates Continue to Soften Amid Subdued Activity and a Cautious Charterer Stance – With May fixing activity in full force, the VLCC freight market continued its descent, a trend evident across both the Atlantic and Pacific regions.
