Capesize Rally Fizzles Out as Iron Ore Prices Drop – Capesize rates eased after hitting two-month highs, as lower iron ore prices combined with recent soft Chinese economic data weighed on sentiment.
Sentiment Improves as Signs of Early Recovery Develop – VLCC owners have made some progress in the first week of September, buoyed by renewed market optimism and hints of recovery after a prolonged downturn.