Decks and Deals Weekly #45
Between 24 and 31 May 2026, global shipping markets ran on contradiction: a peace deal nobody signed, a VLCC war premium in freefall, a BDI rebound nobody expected, and asset prices that simply refused to care
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BALTIC DRY INDEX
A week of mild corrections across the dry bulk market
During the week ending 22 May 2026, the dry bulk market entered corrective territory, with Panamaxes leading losses while Capes, Ultramaxes and Handies recorded softer and uneven adjustments
Dry bulk market surges higher as Panamaxes lead the rally
Freight momentum accelerated across all dry bulk segments during the week that closed on May 15, 2026, with Panamaxes leading a broad-based market rally
When freight finds its wind: a week of strength across the dry bulk seas
The dry bulk market closed the week ending May 8, 2026, with broad-based gains across vessel segments, as Capes and Kamsarmaxes led a renewed surge in global freight sentiment
Capes rally keeps dry bulk market afloat as BDI edges higher
The dry bulk market moved largely sideways during the week that ended on March 13, 2026, as strong Capesize gains offset declines across smaller vessel segments, allowing the Baltic Dry Index to post a modest increase
Dry bulk weathers the storm: Atlantic, China and Australia keep the market on course
Despite escalating geopolitical tensions and the closure of the Strait of Hormuz, the dry bulk market showed resilience during the week ending March 6, 2026, with smaller bulkers supporting freight levels while Capesize earnings declined
Hormuz on hold: Freight markets reprice risk as geopolitics tightens the Strait
Freight markets turned sharply cautious in the week that closed on 27 February 2026, as escalating tensions and the closure of the Strait of Hormuz forced a reassessment of risk, routing and pricing across global dry bulk trades
Decks and Deals Weekly #33
From February 22 to 28, 2026, the global shipping market absorbed three simultaneous shocks: a US-Israeli strike on Iran closed Hormuz, Panama ejected Hutchison, and container rates logged their seventh straight weekly decline
Entering the Year of the Fiery Horse: A muted start for dry bulk markets
The dry bulk market recorded mixed performance during the week that ended on February 20, 2026, as Chinese New Year celebrations muted activity and led to moderate rate fluctuations across vessel segments
Dry bulk charges ahead into Lunar New Year with broad-based gains
The dry bulk market gained broad-based momentum in the week ended February 13, 2026, with all vessel classes posting firm advances ahead of the Lunar New Year, led by Capesize strength across Pacific and Atlantic routes
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