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DRY BULK

A large Capesize bulk carrier named EFROSSINI sailing at sea under clear skies, photographed from an aerial perspective

Impressive rise for Capes

The dry bulk cargo market surged last week, with Capes posting a remarkable 46.56% rise in profitability. All vessel sizes recorded gains, reflecting heightened demand and strong activity in major shipping routes

Kamsarmax dry bulk vessel at sea, reflecting rising market conditions and strong performance in global freight rates

Rally for Kamsarmaxes, followed by large sizes 

During the week ending Friday, July 11, the dry bulk cargo market surged across all vessel sizes, with Kamsarmaxes leading gains, followed by Capes, Ultramaxes, and Handies

Nothing new under newbuilding

Dry, tanker and gas newbuilding orders have slowed to a crawl in 2025, as sky-high costs, regulatory haze, and disappointing freight returns fuel restraint. Containers, however, continue to dance against gravity

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

A large Ultramax bulk carrier named “MEA MARE” sailing near a breakwater, with port cranes and ships in the background under clear skies

Rates & routes: Handy–Ultramax watch

The Weekly Market Report & Predictions – Handy and Ultramax Sectors, 6th June 2025 highlights a shifting global freight landscape marked by tightening supply in ECSA and ongoing stagnation across several key regions

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