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Dry Bulk Market: Capesizes on the Up
![Sail Away with Nautical Voice](/wp-content/uploads/2023/12/Sail-Away-with-Nautical-Voice-780x470.png)
Capesizes The Pacific market started with a positive outlook, maintaining healthy cargo volumes driven by substantial coal shipments from East Coast Australia to the Far East. Rates initially increased, but as the week progressed, a notable shift occurred. Owners began contemplating ballasting towards the Atlantic, creating additional pressure in the Pacific market. Despite the presence …
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