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Dry Bulk Market: Cautious Optimism for the Capesize Market

Capesize The Capesize market reflected a cautiously optimistic tone this week, with firm activity in the Pacific and a gradually improving Atlantic. The Pacific was active throughout, with all three major miners eventually engaging the market. C5 rates softened steadily from early-week highs of $7.60 to $7.35–$7.45 by midweek, although sentiment turned sharply more bullish …

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DNV: Key IMO safety developments

The IMO is making significant progress towards modernising global maritime safety regulations, with new regulations that seek to enhance standards in order to accommodate new technologies and fuels, while making the maritime industry more adaptable and receptive to innovation. The complexity of maritime safety is evident from the wide variety of topics currently on the …

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