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Panamax: A week of declines for the Panamax market in all basins as the gains seen in recent weeks began to erode. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.
Capesize: The Capesize market found little to support levels this week as a steady slide in rates saw the 5TC drop $4,681 over the week to settle at $20,933. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.
Capesize: The Capesize market kept up a constant precipitous fall in values this week. Panamax: Little sign of cheer this week as Panamax rates came under severe pressure. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.
Stronger dry bulk market outlook but recovery is fragile
Capesize: Riding the downward momentum of the previous week, the market was always going to be hard pressed to make any sort of revival. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.
Capesize: The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.
Panamax: Another week of upward momentum in the Panamax market, with East Coast South America (ECSA) grain trips to the Far East witnessing the largest gains. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.
The BIMCO Dry Bulk Cargo Network had its first successful meeting early this year. With issues ranging from the use of proper cargo names and identifying dangerous goods to the shipment of UN 3077 cargoes under the International Maritime Solid Bulk Cargoes (IMSBC) Code, the second meeting promises to be even more engaging for owner members.
