If coal is dead, then why are ships so full of it? FreightWaves
Freight rates buoyed by coal. Coal is transported aboard larger bulkers known as Capesizes (ships with a capacity of around 180,000 deadweight tons or DWT), as well as on subCape vessels such as Panamaxes (65,00090,000 DWT) and Supramaxes (45,00060,000 DWT). According to Clarksons Platou Securities, Capesize spot rates averaged 32,800 per ...