The dry bulk market continues to sail full-steam ahead, toppling one record after another amid tight supply and strong demand for iron ore.
The capesize 5TC, a spot-rate average weighted across five key routes, improved 3.3% to $61,683 per day on Thursday, rising above $60,000 for the first time in more than a decade.
The index was last at that level on 23 September 2008 when it fell 6% to $62,105 per day before falling another 8.7%
