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
The dry bulk market fell as Capesize rates plunged, while Kamsarmax, Ultramax, and Handy segments recorded weekly gains, partially offsetting the overall decline
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
The weekly market report, covering developments up to the close of Friday, May 23, analyzes nuanced shifts in the Handysize and Ultramax sectors, highlighting both resilient performances and persistent regional weaknesses