SSY Atlantic Capesize Index Rise by 161 points
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rise by 161 points in the week ending Monday to 7,550.The SSY Atlantic Capesize Index rose by 161 points week-on-week to 7,550 points as a pickup in Brazilian iron ore chartering saw fronthaul rates from the region strengthen. There were increases of $200/day and $500/day in the round-voyage and fronthaul rates to $16,500/day and $30,000/day, respectively. The latter a six week high.Source: Reuters
SSY Atlantic Capesize Index Up 293
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose by 293 points in the week ending Monday to 8,038.The SSY Atlantic Capesize Index retreated by 293 points last week to 8,038 points as a quiet weak for trans- Atlantic coal and iron ore chartering contributed to a softening in earnings. The Atlantic round-voyage rate (180k dwt) declined by $2,200/day to a three-week low of $17,000/day, while the fronthaul rate dropped by $1,250/day to $32,500/day.
SSY Atlantic Capesize Index fell by 805 points
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index fell by 805 points in the week ending Monday to 6,475. "The SSY Atlantic Capesize Index fell by a further 805 points last week to 6,475 points as weak fronthaul iron ore chartering from Brazil, coupled with a lack of trans-Atlantic cargoes, contributed to a decline in earnings. At $9,750/day, the Atlantic round-voyage fell by $5,050/day, while there was a $6,200/day drop in the fronthaul rate to $22,000/day." SSY said.
SSY: Atlantic Capesize Index Gain by 2,041 Points
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index down by 2,041 points in the week ending Monday to 7,323. "Led by gains on trans-Atlantic routes, the SSY Atlantic Capesize Index to the highest level since the second week of January at 7,323 points, up by 2,041 points week-on-week. The largest weekly increase since 2014. There were strong increases, of $10,000/day and $12,350/day, in the Atlantic round-voyage and fronthaul rates (180k dwt) to $15,150/day and $31,500/day, respectively." SSY said.
SSY Atlantic Capesize Index Rose 826 Points
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose by 826 points in the week ending Monday to 7,164. "The improvement in the Atlantic Capesize Index rose this week by 826 points to 7,164 and remains well above the corresponding levels of the previous two years. Chartering activity from Brazil helped push round voyage rates (180k dwt) and fronthaul rates both up by $3,350/day week-on-week, to $14,100/day and $25,750/day, respectively," SSY said.
SSY Atlantic Capesize Index Gain by 487 points
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index gain by 487 points in the week ending Monday to 6,338. "The SSY Atlantic Capesize Index softened by 487 points from the previous week to 6,338, the lowest level since early August. However, the premium to the year-ago level remained at 1,400 points. The Atlantic round voyage rate (180k dwt) dropped by $4,900/day week-on-week to a sixmonth low of $10,750/day, while fronthaul rates fell by $3,450/day to $22,400/day".
SSY Atlantic Capesize Index gain by 128 points
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index gain by 128 points in the week ending Monday to 6,825. "After falling to a five-month low last week, the SSY Atlantic Capesize Index rebounded by 128 points from the previous week to 6,825. The premium to the year-ago level climbed to more than 1,300 points. The Atlantic round voyage rate (180k dwt) rose by $800/ day to $15,650/day, while fronthaul rates rebounded by $1,500/day to $25,850/day".
