Pacific Capesize freight rates turn softer, Atlantic 'healthy'

摘要

It was a relatively quiet start of theweek for the Asia-Pacific and Atlantic Capesizemarkets Monday, with freight rates moving inseparate directions.The Asia-Pacific Capesize routes softenedas market participants indicated a lack ofcargoes in the region. "There's nothing reallymoving, and the weakening iron ore pricesremain a concern — but it's still early in theweek and many are collecting, so we still needto watch and see how the market developsthroughout the week," a Singapore-based shipbroker source said.