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BALTIC DRY INDEX

A massive, rusted steel sphere sinks into black gravel while three smaller spheres remain upright beneath an overcast grey sky, symbolising diverging dry bulk freight markets

Capes take a hit, but smaller bulkers refuse to follow

Capesize rates plunged, dragging the Baltic Dry Index lower, while smaller vessels resisted the downturn. The week ending 9 October 2026 exposed a dry bulk market moving at sharply different speeds

Typographic illustration of a bulk carrier amid swirling global dry bulk market data, freight routes, rates and directional arrows

Dry bulk at a standstill: a market searching for direction

Dry bulk markets searched for direction as Capesizes weakened and smaller segments firmed during the week ending 11 September 2026, with regional tonnage – cargo balances increasingly shaping freight outcomes

Low-angle view of a large dry bulk carrier sailing in coastal waters beneath a dramatic cloud-filled sky, with mountainous shoreline visible in the background

Dry bulk market stuck in neutral as freight momentum fades

Drawing on market data from the week ending July 31, 2026, the dry bulk market remained largely range-bound, with larger vessel classes posting marginal gains while smaller segments continued to struggle under weak demand