The Baltic Exchange has released a report about the dry bulk market for this year’s 34th week of shipping activities. The report dated 26th August highlights the dry bulk market conditions at the on-sight of the 34th week.
CapesizeThe Capesize market is going through a rough period as trading pushed valuations into untenable sub-operating expense territory over the week. The Capesize 5TC dropped -$2,854 week on week to finish at $3,413. With rates so low and the outlook remaining poor, there is...