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A large purple dry bulk carrier named "Persistence Diva" sailing at sea, viewed from an aerial perspective

BDI is in a summer mood

The dry bulk cargo market recorded significant losses across all vessel sizes during the week ending Friday, August 1, with Capes and Panamaxes facing double-digit declines and overall activity slowing globally

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

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