Atlantic Capesize market unchanged as Pacific freight levels edge lower

摘要

The Capesize market in the Atlantic stayed mostly unchanged while the Pacific saw freight levels edging down, with fixtures getting done below the last concluded deals. Activity continued to be on the slower side out of both the Pacific and the Atlantic basins. The market out of west coast Australia started on a slow pace with only BHP and FMG in with cargoes for voyages into China. According to a few sources, Rio Tinto was not actively looking for vessels Tuesday although it was being reported that the mining major had a September 25-27 stem.