Capesize freight rates steady on Asia-Pacific, Atlantic routes

摘要

Capesize freight rates held stableacross most of the Asia-Pacific and Atlanticroutes Tuesday, despite a relative lack ofactivity witnessed on the day.A Singapore-based ship operator,however, indicated a lack of cargoes was notthe reason for the absence of trades. On thecontrary, according to the source, there wasan influx of coal tenders in the market fromChinese and South Korean buyers due tostronger coal futures.