Dry Bulk Market: Capesizes Move to Higher Ground

Capesize Positive sentiment was observed across both the Atlantic and Pacific basins throughout the week, with the exception of a brief pause on Thursday. The Capesize timecharter average closed at $25,457 on Friday, marking a gain of $1,944 week-on-week. Sentiment appeared positive in the North Atlantic but activity remained limited overall. In the Brazil/West Africa …

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