After a steep decline from recent highs, Capesize spot freight rates are rebounding, driven by seasonal strength, tightening iron ore inventories, and expectations of economic stimulus in China. Despite underwhelming Q1 cargo volumes, long-term fundamentals remain supportive of a cyclical upswing in the dry bulk sector.
Market Trends & Drivers1. Capesize Rate RecoverySpot rates are bouncing back, supported by increased iron ore loadings and improved weather conditions in the Northern...