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BALTIC INDEX

View from the deck of a large Capesize bulk carrier at sunset, sailing through calm waters with distant islands and a vibrant sky in shades of orange, purple, and blue

Dry bulk market soars with Capesizes at the helm

The dry bulk market posted strong weekly gains, led by a sharp rise in Capesize activity, with double-digit growth across major routes and firm momentum across the Atlantic and Pacific basins

A large Capesize bulk carrier named “UNIVERSAL PIONEER” sailing at sea, viewed from the front, underway

Large sizes pulled the freight market up

The dry bulk market posted a strong performance last week, with Capes and Kamsarmaxes achieving double-digit gains while smaller sizes remained flat compared to the previous week