Capesize continues to boost the bulk market
The dry bulk market is seeing increasing freight rates, and the bigger ships are still the ones doing much of the work, which means that Capesize rates for 2013 have now climbed to the highest level so far this year.
BY JØRGEN RUDBECK
The Baltic Capesize Index increased by 215 points in the tally published Thursday, reaching 2,660 points, the highest level so far this year. Capesize rates made the biggest leap in the Baltic Dry Index, as the segment reached 1,270 points, though the Panamax and Supramax markets are also undergoing positive developments.
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