Skip to content
Home » ULTRAMAX » Page 8

ULTRAMAX

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

Container cranes at the Port of Baltimore, USA, unloading cargo under bright lights during evening operations, with stacked containers from major global shipping lines

The Capes decreased the freight market

The dry bulk market witnessed a significant decline last week, primarily driven by Capesize vessel losses nearing 20%, while smaller vessel sizes showed resilience with either minimal losses or slight gains

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