Capesize
- A roller-coaster week for the big ships with hopes soaring at the start for a mini last quarter revival, only to be dashed as the week closed out.
- The West Australia/China rates nudging $9.00 by Tuesday having closed out the previous week at near $6.00 and finishing in the mid $7.00 with rumors of a lower price agreed.
- The Tubarao/China rate whiplashed from $15.00 to $18.00 to $15.00 in a week – and some expecting it to go lower. Vale made a last-minute appearance in the market, fixing...