Dry Bulk Market: Capesizes Faced Downturn Last Week

Capesize The Capesize market faced a persistent downturn this week, with the Baltic 5TC declining daily to end at $15,395, down $2,779 from Monday. In the Pacific, limited mining demand early in the week led to a softening in the C5 route, hindered by a growing tonnage list. However, there were slight rate improvements that …

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