Research Reports

Capesize rates fell to USD 39,352 amid increased vessel availability and waning demand, while Panamax and Supramax markets displayed stability, highlighting ongoing complexities influenced by global commodity supply pressures.

Capesize earnings surged, driven by strong mining demand, while Panamax rates increased amid tight tonnage conditions, contrasting with weaker performance in the Supramax and Handysize markets.

Capesize and Panamax markets saw robust recoveries with the BCI 5TC reaching USD 35,563 driven by demand, while China's coking coal imports spiked amid domestic supply disruptions, tightening global market conditions.

The dry bulk market saw declines across all segments, with the BCI 5TC falling to USD 34,708 amid oversupply, while Panamax rates partially recovered to USD 18,990, influenced by rising geopolitical tensions impacting US-Iran agricultural trade.

Capesize rates dipped due to weak Atlantic activity, while Supramaxes and Handysizes gained strength from US Gulf demand; coal markets tightened following mining disruptions in China, influencing increased imports in Asia.

This week's report highlights a substantial decline in the Capesize sector with BCI 5TC at USD 37,251 while Panamax rises to USD 20,545, underscored by India's coal gasification plan reshaping market dynamics.

Capesize rates fell to USD 45,707 amid weak demand post-Posidonia, while Panamax continued to decline to USD 20,121 under pressure from excess tonnage, highlighting cautious market sentiment across the dry bulk sector.

Capesize rates surged on strong Pacific demand, with C5 increasing to USD 17.00, while Panamax P5TC rebounded to USD 21,086. Overall Affinity Dry Index fell 11.4 points amid varying sentiments and pressures across regions.

Mixed market trends observed in dry bulk with Capesize rates falling to USD 44,931 amid weakening Atlantic sentiment. Indonesia's coal export centralization amid rising demand may disrupt global coal flows and pricing.

Capesize indices show slight adjustments while Panamax gains momentum, driven by strong US demand; Supramax and Handysize sectors remain stable with mixed regional performances noted in the Affinity Dry Cargo Weekly Report dated 15 May 2026.

The dry bulk market shows firming trends, with the BCI 5TC reaching USD 46,610 due to Pacific demand, while Simandou's complex operational issues highlight the transformative potential of high-grade iron ore in reshaping global trade flows.

Supply disruptions are driving dry bulk market strength, with the BDI averaging 2,443 in April and Capesize earnings climbing to USD 39,244, amid significant vessel delays and rising geopolitical tensions affecting vessel availability.