The average spot rate for capesize bulkers took a giant leap on Thursday, leading a dry bulk sector that has been on the rise since Monday.
The capesize 5TC, a spot-rate average across five key routes, jumped 26% to $15,789 per day, according to the Baltic Exchange.
That figure has gone up 66% since Monday, while the panamax 5TC has improved 24% and the supramax 7TC rose 26% over the same period.
