Update – dry bulk rates

by Lloyd's List — last modified Jan 24, 2012 12:13 PM

Cape rates are expected to remain around the lows they reached shortly before the break for the Asian Lunar Holiday.

Brokers expect no increase in demand in what is traditionally the quietest week of the year.

China is on holiday for the entire week, while much of the rest of Asia is on holiday until Wednesday.

Rates are now near breakeven and...

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