Daily Capesize Review 1/2/21

Capesize freight rates started the week sluggishly, due to thinner market activities and cyclone concerns. The Capesize 5 time charter average then slipped by $159 day-on-day to $15,516 on Monday, due to low trading volume and little buying interests. The Baltic Dry Index (BDI) dipped slightly by 0.55 % day-on-day or 8 points to 1,452 …