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DRY BULK CARGO

A large red dry bulk cargo ship in calm open waters under a dramatic orange sky at sunset, heading straight forward

The dry bulk cargo market continues to decline

The dry bulk market saw declines last week, with Capes dropping 17.71%. Smaller vessel sizes also faced losses, as oversupply and subdued demand shaped the market outlook

Dry Bulk Market Mixed as Capes Surge GEOTRENDS.EU

Dry bulk market mixed as Capes surge

The dry bulk cargo market extended its positive trend, with Capes gaining 14.05%. However, Panamaxes saw declines, particularly in the Atlantic, while Ultramaxes and Handies closed the week in positive territory