Sub-capesizes end the year rangebound at lower levels

THE sub-capesize segments have ended the year in a range between $11,000-$14,000 per day on average, far below the level seen at the same time last year.

Panamaxes fell below the $14,000 per day range it has held since the end of November, closing December 23 at $13,813 per day, according to Baltic Exchange data. At this time last year, the segment ended in the $23,000 range.


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