Again averting disaster at the last minute, Capesize freights pull back from oblivion to post even better upgrades than the start of the week, thanks to a return in chartering interest, moving trans-Atlantic RV rates well into the US$ 5,000s and front hauls to within range of US$ 19,000 daily. Actual time charter fixtures are still forthcoming, one hopes, but the fact that freight improvements are building steam rather than losing it suggests that this undervalued market is overdue some upward corrections. Pacific RVs hover in the US$ 4,000s, so they would have a ways to go to regain profitability, but given current trends, that remains plausible before month’s end. Now the Panamaxes find themselves a bit worse for wear than they were just a week ago with daily losses starting to pick up heft and charterers developing an allergy to getting involved in a market that seems to be swinging back into their favour. Activity has been sparse this week thus far and Atlantic business has slowed to a trickle on ECSA delivery with only a handful of rounds from the Pacific and back fetching around US$ 11,000 daily DOP on modern tonnage. Hanging on for dear life, Supramax owners are resisting a downturn in sentiment that is appearing to be increasingly inevitable as cargoes stay stubbornly slow. Period chartering is seen in stops and starts with short period deals on Tess 58s having done US$ 11,500 on Far East delivery with worldwide redel. NoPac RVs manage to stay in the high US$ 7,000s, but limited interest on Singapore-Japan redel could spell a sharper downturn as the week goes on. Black Sea front hauls are flat in the US$ 12,000s.