Dry Bulk Market: Capesizes Had a Forgettable Week

Capesize The Capesize market had a forgettable week for owners as rates slipped away, closing the week below $15,000 on the 5TC. The Pacific and Backhaul trade saw some particularly sharp declines as charterers took full advantage of the weaker sentiment and build-up of tonnage. The tense situation in the Taiwan Straits has had much …

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