It was a strong start to the weekfor the Asia Pacific Capesize market as freightrates continued to move up Monday.Industry sources reported a lack ofactivity at the start of the day due to a widegap between the bid and offer rates. “I thinkrates are a little too far apart for anything tobe done today, there are quite a bit of holidaysin the East, and it’s also the start of the week,so things will likely be quiet,” a Singaporebasedship operator said.
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