Weekly Bulk Report – Week18

Capt. John

The Baltic Exchange has released a report about the dry bulk market for the 18thweek of shipping activities of this year. The report datedMay 7th highlights the dry bulk market conditions at the on-sight of the 18thweek.

Capesize

The Capesize market has been trading strongly at lofty levels this past week. The 5TC opened the week at $40,608, peaked at $44,817 mid-week before finally retracing to take a breather at $41,514. The market has been hiking higher since the beginning of April to reach...

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