Tag: Roll
Dry Bulk Market: Capesize Market is on a Roll
Capesize The Capesize market experienced a strong week with the timecharter average breaking over $30,000/day, the highest value in 17 months. However, the surge hit pause on Thursday and the 5TC slipped below the threshold to $29,493 on Friday. Strong rates were reported from North Atlantic, regardless of short or long duration fronthaul trips, with…