Capesize Values Hit 17-Year High, Up c.23% While Earnings Trail
Global trade flows have adjusted to new geopolitical developments last week, with Red Sea diversions maintaining their grip on vessel demand patterns. Against this backdrop, timecharter earnings hit their highest levels since October 2024, with Capesize rates leading the rally while smaller segments lagged behind. The S&P market saw continued interest in modern tonnage as […]
