Capesize freight rates stable as market sentiment remains weak

摘要

Despite a relative lack of activity inthe Asia-Pacific and Atlantic Capesize markets,freight rates were relatively stable across mostroutes on Tuesday.A Singapore-based ship broker said: “It’squiet out there; cargoes are looking rathersparse — so there aren’t a whole lot of tradeshappening. On the spot, the market’s flat,owners are willing to move if it’s close to lastdone levels,” the source added.