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Dry Bulk Capes International

Capesize market in downward trend

Following almost a month of inclines, the spot capesize market is on a downward slope, given some easing in congestion and lower iron ore shipments from Brazil

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The average weighted time-charter on the Baltic Exchange has shed 31% this week, having reached a six-week high a week ago. Both supramaxes and handysizes closed the day higher than the largest bulker size

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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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