Dry Bulk Shipping: Capesize Market Maintains Rising Momentum

Capesize The Capesize market maintained its continued momentum throughout the week, improving $2,277 week-on week to close at $8,216, which is the highest value since late January. West Australian miners remained relatively inactive despite the reopening of West Australian ports and vessels returning to berths. The C5 route gradually strengthened, reaching $6.485 by week’s end, …

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