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Weekly Broker: Capes show signs of bottoming out

Bulk carrier S&P activity remained bullish for yet another week among all size segments with further discounts offered for 5-10 year old capesize bulkers. After a disapointing month where capes have been on a steady decline rates-wise from $30,000 to $18,000 a day, there’s signs this week that the market has bottomed out. More than …

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Bulk carrier S&P activity remained bullish for yet another week among all size segments with further discounts offered for 5-10 year old capesize bulkers. After a disapointing month where capes have been on a steady decline rates-wise from $30,000 to $18,000 a day, there’s signs this week that the market has bottomed out. More than …

[post_title] => Weekly Broker: Capes show signs of bottoming out [post_excerpt] => Bulk carrier S&P activity remained bullish for yet another week among all size segments with further discounts offered for 5-10 year old capesize bulkers. After a disapointing month where capes have been on a steady decline rates-wise from $30,000 ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => weekly-broker-capes-show-signs-of-bottoming-out [to_ping] => [pinged] => [post_modified] => 2020-10-29 07:07:22 [post_modified_gmt] => 2020-10-29 07:07:22 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=130567 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )