Daily Capesize Review 22/12/21

Capesize freight rates declined on limited market activities, as many trade participants went off for the holiday season. The Capesize 5 time charter average, then dropped up by $1,725 day-on-day to $20,363 on Wednesday, due to the lack of shipping activities during holiday season. The Baltic Dry Index (BDI) also dipped by $65, down 2.83% …