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Home / FFAs - The Product / Dry Cargo Market / Capesize

Capesize

172,000 dwt (Approx. 165,000 tonnes cargo)

Capesizes are the workhorses for supplying raw materials for the steel industry and for carrying coal to power industry. Iron ore, coking coal and steam coal account for nearly all of the cargoes carried.

The most frequently traded contract is the average of the 4 timecharter routes and the individual route C4 and C7.

Estimated volume of FFAs pa:
About 1,250,000 days (3,425 years)
Average total tonnes carried by each vessel pa: 1 million tonnes
Total number of vessels (100k dwt): approx 940.

Click here for the Capesize Contacts.
Click here for the Capesize Index.

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