Dry bulk market failing to inspire
Signs of a small recovery in the capesize market dashed as spot rates plummet to almost $2,000 per day, the lowest since May 2020
Hopes of a post-Chinese New Year boost fail to materialise with capesizes bearing the brunt of the losses, while sub-capesize segments in limbo trading in the $7,000 per day range mainly due to conflicting signals
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