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Dry Bulk

Capesize fails to capitalise on charter rate improvement

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WITH close to 200 of the 800-strong capesize fleet idle in the Atlantic and Pacific basins, the slight lift in charter rates seen for smaller vessels has had no tangible impact on the over-tonnaged capesize market, 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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