Dry Bulk Market: Capesize Market Down This Week

Capesize The Capesize market declined early in the week without much support from either of the basins. The timecharter average, however, started to pick up midweek reaching over $15,000. The direction of the Brazil to Qingdao run changed after the force majeure was lifted, which was declared after the landslide incident last week. This helped …

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