Spot Vessel Earnings Decay 2012
Looking at the earnings in the spot market since the turn of the new year we make the following observations.
Capesize (-65.56%)
Pmax (-20.33%)
Smax (-15.57%)
Hsize (-5.21%)
btw; Capes are now earning less per day than Panamax or Supramax vessels.
Good Fortunes
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