Capesize freights further depressed by vessel supply

摘要

Capesize freights softened againWednesday as charterers bid lower on acontinued abundance of tonnage.The gloomy mood in the Pacific andAtlantic markets lingered with patchy cargocount adding to the owners' woes. "There arejust too many of them [vessels in the market].There no typhoons to keep it tight anymore," achartering source said.