A five-year-old capesize has sprung up from $35.5m at the start of the year to $44m today, the world’s largest shipbroker says.
At the same time capesize freight rates have jumped from $4,864 per day at the start of January to $32,850 daily on Friday 18 December.
“On the back of the improving freight rates this year, it’s worth noting the number of successful shipping IPOs in the US capital markets and over-the-counter listings in Norway,” Clarksons said in a report.
“With
