Tag: Oil Prices

  • Bulk Vessel Freight Rates Plunge 12% in Aug’15

    Bulk Vessel Freight Rates Plunge 12% in Aug’15

    The bulk vessel freight rates have seen a marginal fall about 12% in current week on the ground of falling global crude oil prices. Freight rate index for bulk vessels have declined about USD 1-2/MT with the beginning of Aug’15.The prices this month have undergone a remarkable dip after a peak climb, having touched about…