Dry Bulk Market

This week’s Chart visualises the number of Capesize vessels on the Brazil to North China route for May, compared to the Baltic rates. Our last update, before the end of April, noted a decreasing trend in the number of ballast vessels recorded. By…

Capesize After a slow start due to a UK Bank Holiday, the market quickly regained momentum. The Pacific was notably active, with all three major miners actively fixing throughout the week. Initially rates struggled to gain traction as brokers reported …

“The limits in daily transits in the Panama Canal have significantly affected the dry bulk market, with transits down 74% y/y between January and April 2024. During this period, sailing distances for completed voyages in the affected routes rose 31% y/…

Capesize The CapesizeTimecharter Average (C5TC) closed on a positive note on Friday before entering the last week of May, which will start with a public holiday in the UK next Monday. The C5TC at $21,674 is about $500 lower week-on-week but $5,000 high…