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Capes pick themselves off the canvas

As predicted yesterday on this site by Dr Roar Adland from the Norwegian School of Economics, the cape market finally displayed signs of bottoming out. Having suffered one of the worst Augusts on record, capesizes showed some twitching of muscle yesterday, the key 5TC route firming by $1,382 a day to $3,887. “The tide seemed …

WP_Post Object ( [ID] => 277748 [post_author] => 76 [post_date] => 2022-09-02 08:29:40 [post_date_gmt] => 2022-09-02 08:29:40 [post_content] =>

As predicted yesterday on this site by Dr Roar Adland from the Norwegian School of Economics, the cape market finally displayed signs of bottoming out. Having suffered one of the worst Augusts on record, capesizes showed some twitching of muscle yesterday, the key 5TC route firming by $1,382 a day to $3,887. “The tide seemed …

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