Capesize spot rates continued to recover lost territory across the key trades on Tuesday as C Transport Maritime (CTM) locked in a Diana Shipping vessel for a year.
The day's fixture action saw rising rates for iron ore runs to China both from Brazil and Western Australia.
Tai Chong Cheang Steamship's 180,000-dwt KWK Legacy (built 2011) scored a $27 per tonne iron ore fixture for a journey from Tuburao in Brazil to Qingdao, China.
