Capesize Business Falters Amid A Strong Handysize Market

Capt. John

The Baltic Briefing has released a report about the dry bulk market for the 48th week of shipping activities of this year. The report dated 27th November highlights the plight of the dry bulk market at the on-sight of the 48th week.

Capesize

The Capesize market this week continued its recent range bound sideways drift hitting a low of $11,996 Tuesday on the 5TC, before closing the week out at $12,712.

While the Pacific had more of a muted week, the Atlantic basin stepped up its activity with...

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