The Capesize market in boththe Asia-Pacific and Atlantic regions startedthe week on a strong note as freight ratesincreased across the board Monday.“The market looks more positive thanexpected — the Pacific market is holdingfirm, which is typically a sign of a positivemarket, but given how erratic the market hasbeen of late, conventional or historical signsaren’t really a reliable market tell anymore,” achartering source with a mining company said.
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