Capesize freight market starts week mostly flat on quiet trade

摘要

It was a relatively hushed startto the week for the Asia-Pacific and AtlanticCapesize markets, as participants witnessed alack of fresh cargoes and trades Monday.“Bids and offers are pretty much ata stand-off, no one’s keen on moving itseems,” a Singapore-based source witha ship-operating company said. A secondship-operator source agreed with thelackadaisical start, indicating that the LaborDay holiday, along with the Golden Weekholiday in Japan was dampening activity inthe market.