The average spot rate stood at $28,000 per day compared with the recent peak, on 12 December, of $37,800 per day.
In Asia, it was reported that a capesize had been fixed for just $5,000 per day. Rates are expected to fall further this week.
In panamaxes, Scorpio is said to have fixed the 81,000-dwt Darya Ma (built 2011) for three years from KC Maritime at $14,000 per day.
