Capesizes Under Pressure Last Week, After Recent Rally

Capesize The Capesize market faced a challenging week characterised by significant fluctuations. The week began positively with a robust increase in the BCI 5TC, reaching $54,584, driven by active engagement in the Pacific. However, profit-taking in the FFA market late on Tuesday triggered unease, leading to a decline in rates. Throughout the week, the Cape …

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