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Capesize - Overall it was a negative week for the Capesize market, with many routes losing ground. A limited amount of timecharter appeared, with most activity seemingly centred on voyage basis.
Capesize -The market reached new heights this week as the 5TC topped $38,014, a level not seen in the sector since 2013.
Capesize - The market continued to firm all week, with the 5TC closing on Friday at $34,583, up $4,146 for the week. This marks a new high for the year and a remarkable lift from the lows of 3 April 2019
Similar to other sizes, it was one of the most exciting weeks for the Baltic Supramax Index (BSI), with a surge from all areas.