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Cape depression likened to 2008’s plunge

From peak to trough, the current downturn in the capesize index has been described by analysts at brokers Arrow as one of the sharpest since 2008, the year big bulkers went from six-digit territory to loss-making in the wake of the collapse of the bank, Lehman Brothers.  Arrow said the record unwind in congestion has …

WP_Post Object ( [ID] => 278064 [post_author] => 76 [post_date] => 2022-09-08 08:51:01 [post_date_gmt] => 2022-09-08 08:51:01 [post_content] =>

From peak to trough, the current downturn in the capesize index has been described by analysts at brokers Arrow as one of the sharpest since 2008, the year big bulkers went from six-digit territory to loss-making in the wake of the collapse of the bank, Lehman Brothers.  Arrow said the record unwind in congestion has …

[post_title] => Cape depression likened to 2008’s plunge [post_excerpt] => From peak to trough, the current downturn in the capesize index has been described by analysts at brokers Arrow as one of the sharpest since 2008, the year big bulkers went from six-digit territory to loss-making in the wake of the collapse of the bank... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => cape-depression-likened-to-2008s-plunge [to_ping] => [pinged] => [post_modified] => 2022-09-08 08:51:01 [post_modified_gmt] => 2022-09-08 08:51:01 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=172878 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )