Spot rates for capesize bulkers took their biggest leap in weeks on Wednesday as commodity demand remains high against tight supply.
The capesize 5TC, a spot-rate average weighted across five key routes, jumped 8.3% to $44,495 per day, according to the Baltic Exchange.
The average rate for the Europe-China route spiked 9.5% to $67,300 per day, while the figure for the China-Japan transpacific round voyage leapt 7.4%
