Capesize Any lingering doubts concerning the short-term prognosis for the capesize market were swept away this week as the timecharter average shed $2,350 to close at $12,498. A number of factors prevailed, but the erosion in sentiment largely emanated from the FFA market – despite the broader potential of a Covid-19 vaccine led relief-rally in …

The post Dry Bulk Market: Capesize Segment Loses More Ground During the Past Week as Pandemic Rages On first appeared on Hellenic Shipping News Worldwide.