Capesize bulker rates continued to struggle on Monday as earnings for smaller ships took a turn for the better.
Panamax, supramax and handysize bulkers got up from the floor on Monday. The gains, however, were not enough to lift the Baltic Dry Index (BDI), which fell below 600 points today.
Supply stoppage
Imports of Australian coking are building up at Chinese ports due customs delays, according to Argus reports.