Bulk

Major dry bulk carriers finish 2014 at standstill

Spot rates for the major dry bulk vessels, Capesize, continue to slide below daily operating costs, and activity on the Atlantic and Pacific stands at virtually zero.
Photo: Norden
Photo: Norden
BY OLE ANDERSEN AND LOUISE VOGDRUP-SCHMIDT

Spot rates for the major benchmark Capesize vessels continue to slide, and the ships are seeing very low activity in the Pacific and virtually none on the Atlantic.

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