Baltic Exchange Shipping Insights
Summary by Business Times
2 Articles
2 Articles
Baltic Exchange Shipping Insights
THE Capesize market experienced a strong and sustained rally during the week, underpinned by firm sentiment and positive momentum across both basins. The BCI 5TC surged by $5,942 to close at $25,575, driven by tightening tonnage lists and increased cargo volumes, particularly on the South Brazil and West Africa to China routes.
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