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CAPESIZE

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

A large dry bulk carrier with a red deck and black hull sails through the deep blue ocean, leaving a curved white wake. The ship features multiple cranes and a helipad, indicating its capability for versatile cargo transport. Bright sunlight highlights the vessel's structure and the vast expanse of water around it

Minor corrections for the dry bulk cargo market

The dry bulk cargo market recorded marginal losses of -2.5%, with Panamaxes standing out with an increase approaching 10%, while the BDI closed at 1602 credits on March 28

A busy container port at dusk with towering gantry cranes and stacked shipping containers in various colors, reflecting the global logistics and maritime trade industry

Dry bulk market remains stable with minor losses

The dry bulk market saw slight losses of -1.5%, with Capes in the red while other sizes closed positively. The BDI dropped by just 26 points, settling at 1,643 on March 21

A large dry bulk carrier sailing through the open ocean under a bright blue sky with scattered clouds. The red deck of the ship extends towards the horizon, equipped with green and black safety equipment. A white wake trails behind the vessel as it moves through calm, deep blue waters. The ship’s hatches are securely closed, indicating it's in transit with cargo. The vast seascape and distant clouds create a sense of scale and movement

Sprint for Panamaxes and Capes

In the week ending March 14, the dry bulk cargo market continued its upward trend, with the BDI increasing by 269 points to reach 1,400, driven by gains across all vessel sizes