Bulk

Capesize rates soar again on the dry bulk market

After a lucrative last year for the dry bulk carriers, 2022 has begun with diving rates, however, Capesize rates have started to increase again throughout the week.
Photo: PR / Eagle Bulk
Photo: PR / Eagle Bulk
by DAG HOLMSTAD

Following average daily rates last year of USD 32,300 for the Capesize segment, rates of USD 8,900 per day can seem a low-point on the dry bulk market, however, according to Clarksons Platou Securities, it’s not.

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