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Dry Bulk Capes International

Spot capesize rates slump to below operating costs

The year has not started well for the capesize segment, which has dropped to its lowest level in 19 months. But, the market is hopeful of a recovery towards the end of the quarter

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Capesize value continues to erode given Brazilian iron ore shipment issues in what is traditionally a weak quarter, exacerbated by the upcoming Chinese New Year and Winter Olympics

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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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