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Dry Bulk Capes International

Capesize market shows signs of recovery

Capesize rates rebound and reach the highest level since before Vale’s dam breach in January. The pick-up has been attributed to higher shipments of iron ore from Brazil and Australia, leaving some owners more optimistic about the second half of the year

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The average weighted time charter on the Baltic Exchange has hit more than $15,000 per day for the first time since January 21

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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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