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International Dry Bulk Capes

Dry bulk rates slide as bearish sentiment sets in

The Baltic Dry Index has weakened to its lowest level since March last year, primarily driven by losses in the larger sizes

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Average spot capesize rates shed 18% this week, while panamaxes lost 10%. The first quarter is typically the weakest in the dry bulk market

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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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