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CAPESIZE

A Kamsarmax bulk carrier from Oldendorff sailing in open sea, equipped with four large yellow MacGregor electro-hydraulic cranes, SMAG grabs, and visible hatch covers on the deck under clear blue sky

Capes dropped BDI 

The dry bulk market fell as Capesize rates plunged, while Kamsarmax, Ultramax, and Handy segments recorded weekly gains, partially offsetting the overall decline

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

Red and black dry bulk cargo ship named “NICHOLAS STANFORD” sailing at sea under clear blue sky

New rise in Capes, stability in other sizes

The dry bulk market showed mixed trends during the week ending May 16, 2025, with Capesizing vessels surging nearly 20% while smaller vessel categories experienced minor fluctuations

Container cranes at the Port of Baltimore, USA, unloading cargo under bright lights during evening operations, with stacked containers from major global shipping lines

The Capes decreased the freight market

The dry bulk market witnessed a significant decline last week, primarily driven by Capesize vessel losses nearing 20%, while smaller vessel sizes showed resilience with either minimal losses or slight gains