Capesize spot market brings that Friday feeling as seasonal upswing finally kicks in

Upward momentum in the physical market and futures after a mediocre October

Rio Tinto, which controls 16 mines in Western Australia’s Pilbara region, is a major charterer of capesize bulkers and has been a mainstay in reported voyage fixtures over the past months.
Rio Tinto, which controls 16 mines in Western Australia’s Pilbara region, is a major charterer of capesize bulkers and has been a mainstay in reported voyage fixtures over the past months.Photo: Rio Tinto
Published 8 November 2024, 13:49Updated 8 November 2024, 15:03
Capesize bulkersNewcastlemax bulkersBaltic ExchangeCSN MiningRio Tinto