Analysis: Capesizes have become too expensive despite strong market

Since late 2023, the purchase and sale of second-hand capesizes has increased significantly. The price of newbuilds is also at its highest in 15 years.
Photo: Norden
Photo: Norden

Second-hand prices for the largest capesize ships, which mainly carry iron and aluminum ore and coal, have increased significantly since the turn of the year.

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