Cash-rich owners pay top dollar for capes in booming market

Capt. John

Angelicoussis and Pacific Bulk are behind the latest cape sales as spot rates in the segment surpass the $30,000 per day mark. Both Greek and Far Eastern accounts are battling for tonnage, pushing asset values very high. “The recent surge in freight rates and overall market optimism has had a...

https://splash247.com/cash-rich-owners-pay-top-dollar-for-capes-in-booming-market/

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