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A large red dry bulk cargo ship in calm open waters under a dramatic orange sky at sunset, heading straight forward

The dry bulk cargo market continues to decline

The dry bulk market saw declines last week, with Capes dropping 17.71%. Smaller vessel sizes also faced losses, as oversupply and subdued demand shaped the market outlook

Dry Bulk Market Trends_geo-trends.eu_A Handysize dry bulk vessel docked at a port, with cranes in the background and overcast skies

Handy & Supramax market report and forecast

Oversupply and subdued demand impact the Handysize market, while Supramax shows mixed activity across regions. Predictions vary as year-end approaches

Busy port with cranes and container ships docked, illustrating high activity in the global shipping industry GEOTRENDS.EU

Shipping market outlook: Q4 2024 forecast

The shipping market faces uncertainty in Q4 2024 to 2027, with geopolitical tensions, fluctuating oil prices, and supply chain disruptions influencing tankers, bulkers, containers, and gas carriers (source: blog.vesselsvalue.com)

Dry Bulk Market Mixed as Capes Surge GEOTRENDS.EU

Dry bulk market mixed as Capes surge

The dry bulk cargo market extended its positive trend, with Capes gaining 14.05%. However, Panamaxes saw declines, particularly in the Atlantic, while Ultramaxes and Handies closed the week in positive territory

geotrends_westend.gr

Marginal losses in the dry bulk cargo market

Dry bulk cargo market sees marginal losses as all vessel sizes record single-digit declines. Capes drop 2.3%, Supramaxes fall 5.63%, and Handies decrease by 0.33%, pushing BDI down to 1797 points