Bulk Carriers
Capesize rates soften as dry bulk market shows regional variance
Capesize rates faced downward pressure in the Pacific due to excess tonnage, while Atlantic demand and smaller vessel segments showed resilience.
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Capesize rates faced downward pressure in the Pacific due to excess tonnage, while Atlantic demand and smaller vessel segments showed resilience.

Thai dry bulk owner Precious Shipping has sold a 2011-built supramax and taken delivery of a new ultramax as part of its ongoing fleet modernisation programme.

Capesize and Panamax strength outweighed softer Supramax sentiment, extending the index's recovery from its August low.
Elena MarshAnalysis

Fronthaul enquiry from the US Gulf improved as exporters positioned for the autumn corn and soybean campaign.