The dry bulk market witnessed positive momentum across various segments during the week. In the Capesize sector, the Pacific market initially faced subdued activity, leading to a slight decline in rates on C5. However, a notable recovery occurred later in the week, driven by increased activity from South Brazil and West Africa to the Far East. Panamax rates experienced upward momentum, particularly in North Atlantic trips. The Ultramax/Supramax segment maintained positive momentum, with sustained demand from key areas such as the US Gulf and South America. The Handysize sector saw daily improvements in the Atlantic, driven by limited tonnage availability. Overall, the dry bulk market demonstrated resilience and positive trends across different size categories.

SOURCE: GOOGLE