Dry Bulk Market: Capesizes Declined Slightly Last Week

Capesize The market endured a sustained and broad-based decline through the week, with the BCI 182 5TC falling from $37,618 at Monday's close to $29,464 by Friday. Persistent selling pressure across both basins drove rates lower, with sentiment deteriorating as the week progressed. The Pacific remained under pressure throughout, with limited miner participation and insufficient ...