Capesize rates rebound 44% on week as disruptions are resolved
Capesize earnings storm up to the highest since early March, overtaking other dry bulk segments. Disruptions in key iron ore exporting countries had hampered shipments in March causing rates to slump, but analysts expect issues will be resolved in the coming month.
Temporary disruptions that hampered exports in March should all be resolved in the coming month, leading to higher exports at a time of expected rising demand for iron ore