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MARITIME MARKET

View from the deck of a large Capesize bulk carrier at sunset, sailing through calm waters with distant islands and a vibrant sky in shades of orange, purple, and blue

Dry bulk market soars with Capesizes at the helm

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

A large dry bulk carrier with a red deck and black hull sails through the deep blue ocean, leaving a curved white wake. The ship features multiple cranes and a helipad, indicating its capability for versatile cargo transport. Bright sunlight highlights the vessel's structure and the vast expanse of water around it

Minor corrections for the dry bulk cargo market

The dry bulk cargo market recorded marginal losses of -2.5%, with Panamaxes standing out with an increase approaching 10%, while the BDI closed at 1602 credits on March 28