Sun, 06 Sep 2020 21:00:57 +0000

Capesize The Capesize market suffered a technical correction this week, with the timecharter average shedding $1792 to close at $16,252. Whilst the catalyst was not isolated to one loading area, the C5 West Australia round rapidly traded lower on Thursday, dropping from $7.80 to $7.05 in successive trades, whilst the benchmark C3 Brazil fronthaul route …

 

Full article: https://www.hellenicshippingnews.com/dry-bulk-market-correction-mode-evident-this-week/