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Capesize fixed for $200,000 a day

Capesize fixed for $200,000 a day

Hong Kong: Amid a red hot market unconfirmed market reports suggest a capesize has been fixed on the Atlantic-Pacific cross trades for a fee in excess of $200,000 a day, setting new all time highs as the Baltic Dry Index hits consistent highs above 9,000 points. Spot charter rates for Pacific-round voyages are now regualry going for a whopping $150,000 a day. Seatrade's most recent issue predicted the $200,000 figure 'was only a matter of time'.