A December to Remember for Dry Bulk, as Capesize Rates Collapse – The anticipated strong finish to the year now feels like a distant memory, as Capesize spot rates have fallen to their lowest levels for this period in many years, barring the COVID-19 anomaly.

VLCC Freight Market Struggles Amid Weak Demand; Hopes Pinned on China's Import Rebound – The VLCC (Very Large Crude Carrier) dirty freight market experienced significant challenges in late November, with rates in the Arabian Gulf (AG) dropping to new annual lows.