Daily Capesize Review 19/3/21

Capesize freight rates inched upward, despite slow shipping activities and market concerns over disruptions of Australian coal shipments. The Capesize 5 time charter average then increased by $564 day-on-day to $19,437 on Friday, due to improvement in the physical market. The Baltic Dry Index (BDI) also surged up higher by 2.98% or 66 points to …