The dry bulk cargo market saw an upward trend last week, driven by Capes, which recorded a remarkable 33.23% increase. Conversely, Panamaxes and Ultramaxes experienced declines, while Handies remained positive. The BDI closed at 1,400 credits
The dry bulk cargo market closed February with significant gains, mainly driven by the impressive rise in the Capesize sector. The BDI surged as Capes doubled, while other vessel sizes showed mixed trends
After four weeks of decline, the dry bulk cargo market rebounded, led by Panamaxes (+30%). Smaller sizes followed, while Capes saw marginal losses. These forecasts apply to the week starting February 10, 2025
The dry bulk cargo market witnessed mixed trends last week, with Capesize vessels resisting declines while smaller sizes faced single-digit losses
The dry bulk cargo market began 2025 positively, with Capes and Kamsarmaxes showing growth. However, smaller sizes experienced declines amid mixed regional performance
Dry bulk cargo market sees marginal losses as all vessel sizes record single-digit declines. Capes drop 2.3%, Supramaxes fall 5.63%, and Handies decrease by 0.33%, pushing BDI down to 1797 points