Dry Bulk Market: Capesize Market In Reverse Mode

Capesize The Capesize market was grasping for a bullish story this week as a possible mid-week rally fell flat. Following that, rates collapsed down to $15,550 on the Capesize 5TC, a drop of $3,199 for the week. Positive news of Vale’s increased production in the last quarter comes as little comfort to owners who this …

The post Dry Bulk Market: Capesize Market In Reverse Mode first appeared on Hellenic Shipping News Worldwide.

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