The Capesize market began the week with strength, continuing the positive trend from the previous week. Specifically, rates in the Pacific region saw a significant jump, with the C5 route (likely iron ore from Australia to China) exceeding $10.00. This increase created a noticeable difference in earnings compared to the C3 route (likely iron ore from Brazil to China) in the Atlantic, where rates were lower, reports Baltic Exchange.
CapesizeDespite all three major miners being active in the...
https://mfame.guru/capesize-market-surges-while-panamax-and-supramax-see-mixed-performance/