Capesize The Capesize market did get off to a positive start this week as rates were building strongly off improved sentiment. But as events in Europe took hold, the market abruptly changed course. The Capesize 5TC reached a high of $18,181 Wednesday before shedding -4155 by weeks end to close at $14,026. Increased fuel prices .
The USG Supramax/Ultramax spot freight market had a negative month. Tonnage supply was bigger than the cargo list and ballasting vessels from the Europ.
Capesize The Capesize market struggled to hold its value this week as rates ebbed away across all routes. Closing Friday some reprieve was found as the Capesize 5TC closed on a positive up note +1888 to settle at $13,888. The Pacific region which experienced stronger swings compared to the other regions saw the Transpacific C10 .
Capesize There was positive sentiment throughout the dry freight sector this past week, including Capesize, as traders returned from Lunar New Year holidays. Activity was clearly seen to be elevated as the Capesize 5TC rose +5095 over the week to close on a mild Friday at $15,397. All regions in the market were affected. However, .
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