Capesize

But the larger vessels, known as Capesize and which supply iron ore to China's bigger ports, could see some pressure on their rates.

Channel NewsAsia Front Page News 2010

That's not surprising, when you con - based mainly on futures and forwards on namely the Capesize giants and the hand - sider that Baosteel, China's leading steel the principal reference indices.

Recently Uploaded Slideshows 2009

"Capesize" ships, have fallen from $46,284 a day to $10,285 in the same period -- a ghastly statistic considering most Capesize ships incur operating costs of at least $15,000 a day.

Shippers Follow the Money - Yahoo! Finance 2011

Many of those contracts were signed in the commodities boom, when the price for chartering a giant Capesize vessel peaked at around $200,000 a day.

China's Wave of Overcapacity Tom Orlik 2011

The number of Capesize vessels, meanwhile, had risen to 1,150 by the end of 2010, with 200 more coming on line each year, according to Mr. Leung.

China's Wave of Overcapacity Tom Orlik 2011

Johnson Leung , an expert on shipping at Jefferies, says that a total of 550 Capesize ships, with around 50 added each year, was inadequate to cope with demand.

China's Wave of Overcapacity Tom Orlik 2011

Global trade in the elements is nevertheless small: China's annual production weighs less than a single Capesize vessel.

China Denies Halting Rare-Earth Exports to Japan 2010

Iron-ore imports to China were driven by the country's economic-stimulus package, in turn increasing demand for Capesize ships, the largest of the four vessel classes calculated into the BDI and the primary transport method for iron ore.

Shipping-Cost Index Drops Art Patnaude 2009

Friday, average daily rates for Capesize vessels fell below $40,000 a day for the first time since May.

Shipping-Cost Index Drops Art Patnaude 2009

Forward rates for Capesize vessels are $37,000 a day for the fourth quarter and $29,250 for 2010.

Shipping-Cost Index Drops Art Patnaude 2009