SS&Y Atlantic Capesize Index Rises 120 Points

Friday, October 22, 1999
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose 120 points to 4,520 in the week ending Oct. 18. "The Atlantic index exceeded 1997 levels on Monday but it is unclear whether the recent steep spike will be maintained," an SS&Y spokesperson said. "It seems that while tonnage remains tight for the next month or so, the current levels will remain steady to firm in the Atlantic," he added. Steady cargo demand in the Atlantic for both iron ore and coal was said by SS&Y to be largely responsible for last week's gains.
Maritime Reporter September 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

RIMPAC Exercise Puts LCS Through Paces

It was the middle of May, and the littoral combat ship Independence was operating out of San Diego, testing components of the mine warfare mission package. The mission is one that,

New Superyacht ROCKIT.IT Launched by Feadship

Feadship says it has launched the outstanding 60.35-metre motoryacht ROCK.IT. Created for an experienced owner who has chartered Feadships and appreciated the essence of the brand,

FTA Approves WSF Ferry Terminal Plans

In the latest Washington State Ferries Weekly Update, Capt. George A. Capacci, Interim Assistant Secretary WSDOT/Ferries Division briefs as follows: "FTA approves

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0984 sec (10 req/sec)