Bulk Carriers
Capesize rates soften as dry bulk market shows regional variance
Capesize rates faced downward pressure in the Pacific due to excess tonnage, while Atlantic demand and smaller vessel segments showed resilience.
Topic
Capesize
6 articles
Bulk Carriers
Capesize vessel supply constraints drive dry bulk rates higher
The Baltic Dry Index has reached a two-year high, driven by an 8% surge in Capesize rates as weather disruptions and increased export volumes tighten vessel availability.
Bulk Carriers
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.
Freight Rates
Baltic Dry Index posts third consecutive weekly gain, led by larger sizes
Capesize and Panamax strength outweighed softer Supramax sentiment, extending the index's recovery from its August low.
Elena MarshAnalysis
Chartering
Multi-year contract of affreightment signed for bauxite shipments from Guinea to China
The agreement covers Capesize and Newcastlemax liftings and underpins one of the fastest-growing long-haul dry bulk trades.
Elena MarshFixtures
Shipowners & Fleet
Secondhand Capesize values firm as buyers return to the market
Improved earnings and a limited orderbook have supported asset prices for modern and mid-aged tonnage.
Daniel OkaforAnalysis