Capesize Spot Rates Stabilize as Traders Digest Recent Move – Capesize spot rates have stabilized at around the $20,000 mark after reaching their highest level for this time of year in many years.
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.
