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Dry Bulk

Capesize rate setback cannot mask reality of tight tonnage

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WITH owners and charterers both spooked by the fall in capesize derivative rates last Thursday, brokers thought the physical market would recover by the middle of this week as too many cargoes chased too few ships, writes Keith Wallis in Hong Kong.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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