Capesize The New Year started with an erosion on pre-Christmas rates as the higher low sulphur fuel costs due to IMO 2020 affected levels. From Brazil the route is now assessed at close to $18.50, whilst from West Australia, several vessels were fixed at various levels which eventually settled at...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-starts-on-the-wrong-foot/