Daily Capesize Review 25/2/22

Capesize freight rates came under pressure, amid limited trading activities and market uncertainty over the Russia-Ukraine conflict. The Capesize 5 time charter average, then fell by $1,595 day-on-day to $16,589 on Friday, after a sluggish session. The Baltic Dry Index (BDI) also fell by $57 day-on-day, or down 2.54% day-on-day, to $2,187, due to softening …