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BALTIC INDEX

A large Capesize bulk carrier named EFROSSINI sailing at sea under clear skies, photographed from an aerial perspective

Impressive rise for Capes

The dry bulk cargo market surged last week, with Capes posting a remarkable 46.56% rise in profitability. All vessel sizes recorded gains, reflecting heightened demand and strong activity in major shipping routes

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