The capesize bulker market has clawed back some of the declines it had earlier in the week.
The capesize 5TC — a spot-rate average weighted across five key routes — jumped 25.2% in two days to reach $29,938 per day on Friday, according to Baltic Exchange data.
This end-of-the-week spike came after the 5TC dropped 20.1% since last Friday to land at $25,406 per day on Wednesday.
