Capes ducked below $2,000 a day yesterday with losses mounting up and the record low for this bulk carrier type standing just $7 away. Latest data from shipowning organisation BIMCO suggests on average every cape trading has lost around $1.35m so far this year. Freight rates must hit $15,300 per...
https://splash247.com/capes-have-lost-10000-a-day-so-far-this-year-as-record-low-approaches/