<p>The capesize market is ending the year with a burst of momentum rarely seen outside cyclical peaks, as tightening tonnage and strengthening long-haul trade routes drive spot rates to their highest levels in two years. Spot rates leapt by more than $6,000 yesterday to approach the $45,000 mark.&#160; Despite softness in global steel markets – &#8230;</p> </p><p><p>https://splash247.com/capesize-rates-charge-past-40000-a-day-as-tonnage-tightens-across-basins/</p></p>

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Capesize rates charge past $40,000 a day as tonnage tightens across basins - Splash247

https://splash247.com/capesize-rates-charge-past-40000-a-day-as-tonnage-tightens-across-basins/

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