Tag: outpacing
Dry Bulk Grain flows from the U.S & Brazil: Brazilian grain exports broke records this year, outpacing weak US exports
As we enter the fourth quarter of this year, the market is showing a strong resurgence with rates increasing year-over-year. Notably, Capesize Brazil to North China rates have exceeded $20 per tonne. This significant upswing in the freight market’s momentum is evident not only in the large vessel size segment but also in the Supramax…