
Capesize rates firm as Brazilian iron ore loadings accelerate into September
Stronger long-haul demand from Brazil lifted Capesize sentiment this week, with brokers reporting a tighter tonnage list in the South Atlantic.
Editorial coverage of freight indices and benchmark rate movements across dry bulk, tanker and container segments.

Stronger long-haul demand from Brazil lifted Capesize sentiment this week, with brokers reporting a tighter tonnage list in the South Atlantic.

An early start to the October loading programme gave crude tanker owners room to push rates higher on the benchmark eastbound route.

Blank sailings and slower steaming appear to have arrested the post-peak decline, though contract negotiations remain the key test.
Priya RamanAnalysis

Capesize and Panamax strength outweighed softer Supramax sentiment, extending the index's recovery from its August low.
Elena MarshAnalysis

Cross-Mediterranean rates rose as a busy fixing window met a shorter list of prompt tonnage.

Fronthaul enquiry from the US Gulf improved as exporters positioned for the autumn corn and soybean campaign.

A reference guide to the composition, calculation and limits of the most widely quoted dry bulk freight benchmark.
Elena MarshExplainer