Bulkers

Capesize bulker rates fall another 23% as commodity prices cool down

Spot rates may fall into the $30,000-per-day range by next month, Breakwave Advisors' John Kartsonas says

Spot rates for capesize bulkers, such as this one owned by GoodBulk, are expected to fall even further.
Spot rates for capesize bulkers, such as this one owned by GoodBulk, are expected to fall even further.Photo: GoodBulk
Stamford
Published 22 October 2021, 19:48Updated 16 November 2021, 12:25
ChinaBaltic ExchangeJohn KartsonasCapesize bulkerscapesize bulker rates