Daily Capesize Review 27/4/22

Capesize freight rates rose on better shipping activities, as trade participants tried to fix vessels before the upcoming holidays in early May. The Capesize 5 time charter average, then rose by $469 day-on-day to $18,460 on Wednesday, as the Pacific market showed further signs of improvement. The Baltic Dry Index (BDI) also hiked by $21 …