Dry cargo market report dated 3 May 2024

Capesize: After an initially sluggish start to the week, the market picked up pace ahead of the impending holidays, particularly in the Pacific, leading to a slight uptick in the C5 index, which nudged up accordingly by 0.385 cents to $9.965. Conditions in the Atlantic remained challenging as the week got underway, with sporadic improvements.

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