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Dry Bulk Capes International

Depressed capesize market trails other bulker segments

China’s boycott of Australian coal provides added weakness to the capesize market, but this has been partially offset by increased appetite from Indian utilities

  • Analysis

Given the lower-than-expected iron ore volumes from Brazil, and a hit on coal volumes not only from Australia, the capesize market is trailing other bulker segments. For the year to date however, capesizes have enjoyed the highest spot earnings, followed by panamaxes, supramaxes and handysizes

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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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