Sun, 24 Sep 2023 21:00:58 +0000
Capesizes The Pacific market started with a positive outlook, maintaining healthy cargo volumes driven by substantial coal shipments from East Coast Australia to the Far East. Rates initially increased, but as the week progressed, a notable shift occurred. Owners began contemplating ballasting towards the Atlantic, creating additional pressure in the Pacific market. Despite the presence …
Full article: https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-on-the-up/