Capesize The week proved conspicuous for all the wrong reasons. This was the week when the Baltic Capesize Index (BCI) turned negative, closing at -20, whilst the average of the routes settled at $3,973. With the perennial Q1 weakness, Chinese New Year, the rapidly evolving coronavirus crisis and the rains and flooding in Brazil also …
Full article: https://www.hellenicshippingnews.com/dry-bulk-market-all-time-record-lows-for-capesizes/