World Perspectives

FOB Prices and Freight Rate App (Updated 30 Mar.)

Ocean Freight Comments - 30 March 2023 By Jay O'Neil Commodity Consulting Dry-bulk ocean freight markets were fairly quiet and dull this week and moved mostly sideways. Vessel owners continue to look for improved cargo demand, and finding none, must settle for holding rates steady and not losing ground. All eyes are on China’s demand. Panamax FFA paper for Q2 traded to $15,700/day, with Q3 trading at $17,150/day. Tweet   Launch Information:  WPI is proud to introduce our FOB Prices and Ocean Freight Rates app the next step in our interactive charts and data offerings. These charts leverage WPI’s proprietary databases and offer unique presentations of data previously published in ta...

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