Shipping experts see signs of new upturn for Capesize vessels

Tight fleet supply and rising Atlantic cargo volumes are beginning to reshape the outlook for Capesize bulk carriers, traders from Cargill Ocean Transportation and Mercuria Shipping said during a panel at the 9th Capital Link Cyprus Shipping Forum in Limassol.

The discussion was attended by Tim Barrett, Capesize global trading manager at Cargill Ocean Transportation, and Carl Dacombe, head of Capesize trading at Mercuria Shipping, with Polys Hajioannou, founder and chief executive of...