BIMCO says the year 2021 has started strongly for the capesize market with 1,427 journeys completed or underway in the first 20 days of the year, a 10.4% increase compared to the same period last year, according to figures from VesselsValue.
This counter-seasonal upswing stands in contrast to the development for all other dry bulk ships which have seen a 2.8% decline in activity in the same period, BIMCO says.
Weather favors capesize demandBIMCO says it expects that the number of capesize...
https://mfame.guru/capesize-market-starts-off-2021-with-a-boom-says-bimco/