Dry bulk market takes yet another nosedive, Capesizes look rather unattractive at the moment

The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had passed. As it turned out yesterday, it hadn’t. The industry’s benchmark, the Baltic Dry Index lost another 3.94% to reach 1,292 points, with the Capesize segment losing 3.05%.
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Source: Hellenic Shipping News