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FREIGHT RATES

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

Aerial view of the Colombo East Container Terminal with a large container ship docked under towering blue gantry cranes, symbolizing increased cargo traffic as vessels avoid high-risk zones near Pakistan

The impact of a potential India-Pakistan conflict on shipping

Rising tensions between India and Pakistan are shaking the global shipping industry, with threats of maritime conflict in the Indian Ocean leading to soaring freight rates, insurance concerns, and rerouted logistics operations worldwide

A nighttime image of the containership Houston Express docked at Terminal Burchardkai in Hamburg port. The vessel is fully loaded with multicolored shipping containers stacked high on deck, illuminated by blue terminal lights. A small tugboat is positioned alongside the ship. The scene shows port cranes and infrastructure with bright lighting creating a dramatic industrial atmosphere

Waiting for the sentiment change due to USTR

The dry bulk cargo market showed improvements this week, with Panamaxes leading gains at 17.38%, followed by Capes and Ultramaxes, while Handies recorded marginal losses as the BDI rose to 1373 credits on Friday, April 25