Asia-Pacific Capesize freight rate hits 2017 high

摘要

The Asia-Pacific Capesize markethit the year’s high Thursday when the freightrate on the Port Hedland-Qingdao routewas assessed at $9.90/wmt, up 40 centsfrom Wednesday, with demand for vesselsburgeoning as cargoes continued.All the mining majors from Australia wereout in the market to snap up vessels, whichboosted ship-owners' optimism and perked upsentiment in the Atlantic market, too.