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International Asia Pacific South America

Short-term prospects for capes dim on strikes

Strikes at mines in Canada and Guinea are taking their toll on the capesize market and although prospects are dim for the short term, confidence remains for brighter third and fourth quarters

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Average weighted time charter earnings on the Baltic Exchange have fallen from $20,801 per day on May 14 to $11,177 at the close on Friday

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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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