Daily Capesize Review 15/3/21

Capesize freight rates rose further on better market outlook, with gains recorded in both basins. The Capesize 5 time charter average then rose by $313 day-on-day to $17,054 on Monday, after a fresh wave of buyers entered market at the afternoon session. The Baltic Dry Index (BDI) also rebounded higher by 1.17% or 23 points …