Entries Published On February, 2023
Market Chat: What’s Causing Capesize Values to Drop?
What’s the story with Capesizes? Capesize earnings have fallen to the lowest levels since Q1 2020. Although we have come to expect a seasonal lull during the first quarter of the year, with the Lunar New Year celebrations now a distant memory, what is causing rates to fall further? Bulker market players take into account …