The past month has seen diverging directions for the dry bulk carrier markets, with Capesize and Panamax markets sliding from recent peaks, whereas the Supramax and Handysize markets still gathered strength, with their TC averages rising to 23-month and 16-month highs, respectively. However, the scale of the declines in the Capesize and Panamax markets pushed the Baltic Exchange Dry Index down another 400 points over the last month to 1,500.
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