Capesize freight market returns to volatility as rates recede

摘要

Freight rates for the Asia-Pacificand Atlantic Capesize markets retreatedacross all routes Thursday."We're back to a roller coaster of amarket, once again there's a huge amountof volatility in the market, I don't thinkanyone can really put a finger on where themarket will go next," a Singapore-basedsource with a ship brokering firm said. Aship operator source agreed and said: "Themarket's moving a little too quickly, so it'sreally hard to find a position that will makesense going forward."