Affinity Dry Cargo Weekly 13 November 2026

The Capesize and Panamax markets demonstrated resilient activity this week, with the BCI 5TC increasing by USD 3,403 to USD 42,798 per day, and the P5TC rising by USD 1,033 to USD 19,063 per day, driven primarily by strong transatlantic demand. Meanwhile, the Supramax and Handysize segments also noted gains, with the 11TC average rising to USD 23,203, supported by tighter tonnage in North America and increased demand in the US Gulf. Conversely, Asia's coal market faces diverging trends as strong electricity consumption in India bolsters coal demand, while expanding nuclear and renewable energy capacity in other Asian countries may constrain future coal consumption, reflecting the complex shifts in regional energy needs and trade dynamics.