Daily Capesize Review 18/11/21

Capesize freight rates rebounded after recent selloff session, as more spot vessels had cleared out and thus setting up for a more balanced market. The Capesize 5 time charter average, then grew by $1,627 day-on-day to $27,033 on Thursday, after the paper market turned bullish and made some convincing gains. The Baltic Dry Index (BDI) …