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Vessel use is shifting as coal trade on Capesize ships has recovered to about 30% of total coal trade in 2021, while smaller geared ship demand has weakened. Vessel requirements for grains have also changed amid COVID-19 disruptions and soaring freight rates.
Shifts in which ship sizes are in demand alter freight rate patterns across bulk segments, which affects the cost of moving feed grains and oilseeds.
breakwaveadvisors.comBraemarMay 21, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
