The Capesize 5TC gained over 50% in value opening the week at $15,761 to settle Friday at $24,178. The Transatlantic C8, meanwhile, lagged in value as other routes lurched higher. It had a reckoning midweek, along with the Fronthaul C9, as a couple of much higher fixtures exposed the tightness that had developed in the basin. Trade activity remains low but the basin is up and running now. The Brazilian trade activity was the driving force this week. The pace of fixing could be felt speeding up right through until Thursday as charterers began to understand the change in the situation. The Pacific basin C10 remains on par in value with the Atlantic C8 and Brazil to China C14. West Australia to China C5 lifted +$1.62 to settle the week at $8.705, although worth noting it did manage a down tick on Friday as some took advantage of the elevated levels.