‘Difficult to explain’: Capesize plunge extends despite some cargo volumes hitting year highs

Are Valemax arrivals in Brazil to blame for ongoing corrections?

Capesize rates have continued to fall.
Capesize rates have continued to fall.Photo: Diana Shipping
Published 2 April 2024, 12:32Updated 2 April 2024, 16:51
Baltic Capesize IndexCapesize bulkersBrazilClarksons Securities