Capesize period fixtures attract renewed charterer interest
Longer-term cover is being sought against a firmer forward curve.
Charterers have shown renewed interest in Capesize period business, seeking cover against a firmer forward curve, brokers said.
Reported discussions have centred on short and medium period durations, with owners holding firm ideas.
Market participants said the level of period enquiry often signals expectations for the physical market over coming quarters.
Specific rate levels quoted in negotiations were not disclosed in the source material.
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