Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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March 2020 | Steel Raw Materials

Freight Highlights: 18 March 2020

A roundup of Fastmarkets' freight statistics for the week of 18 March 2020.

Freight rates continued to fall for Capesize vessels, with the Simpson Spence and Young (SSY) indexes in both the Atlantic and Pacific basin falling to their lowest levels since August 2016, amid a continued fall out from the coronavirus. The Atlantic index fell by 6.2% on the week to 4,502 points on March 16, while the Pacific index was at 2,710,...


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