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Capesize: The week started with the usual slow pace on Monday, but it quickly picked up momentum.
Capesize: A stronger week overall for the sector as the North Atlantic appeared active with more enquiry since the middle of the week.
Capesize: A mild week for the Capesize sector saw rates trundling sideways with small pockets of encouragement.
The 79th meeting of the IMO Marine Environment Protection Committee (MEPC) took place from 12 to 16 December. Key decisions and discussions are highlighted.
Capesize: Overall it was not a very active week, with limited fresh cargo support from either of the basins.
Capesize: The Capesize market traded sideways this week as the 5TC closed at $10,302, an improvement of +1384 over the week. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.
