Dry bulk rates advance slowly – but not all segments follow suit

Progress in dry bulk rates has recently been noted after a longer period of decline in the market, writes Allied Shipping Research. However, not all segments are following suit.

Photo: Edgar Su/Reuters/Ritzau Scanpix

The dry bulk market has seen a recent improvement following a period of significant decline.

Specifically, capesize rates have climbed well above USD 20,000 per day with weekly increases of 28.6%, writes Allied Shipping Research in its latest report.

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