Larger Capesize ships attract small cargoes as freight costs prove cheaper than Supramax

Charterers are increasingly fixing larger ships to move smaller parcels as the hire costs for smaller Supramax and Handysize ships prove more expensive than for much larger Panamax and Capesize ones, shipping market sources said March 31. “The upsizing of vessels is happening across all segments,” a ship-operator said, adding that Panamax ships in the Pacific region are being fixed…