When Marc Saverys invited some of his biggest rivals in the capesize market to a duck and gamebird shooting party in northern England a month ago, the hunt was on for more than a brace of mallard. In their sights was the largely unexpected collapse of the freight market to levels not seen for 30 years, as TradeWinds reported at the time.
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Tide flows against capes despite new pool play
Formation of the first capesize dry bulk pool in over a decade is unlikely to have any material impact on the market
13 February 2015 0:00 GMT
Updated
13 February 2015 0:00 GMT
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