29-June-2026
The Baltic Dry Index (BDI) decreased by 34 points to reach 2,490 points. The Baltic Capesize Index (BCI) decreased by 102 points to 3,538 points, with average daily earnings for capesize bulk carriers decreased by $923 to $32,091. The Baltic Panamax Index (BPI) increased by 14 points to 2,124 points, while average daily income for panamax bulk carriers increased by $127 to $19,117. The Baltic Supramax Index (BSI) decreased by 2 points to 1,668 points, with average daily earnings for supramax bulk carriers decreased by $31 to $21,084. The Baltic Handysize Index (BHSI) increased by 2 points to 947 points, as average daily earnings for handysize bulk carriers increased by $30 to $17,044 per day.
29-June-2026
Capesize Bulk Carrier Market – Baltic Capesize Index (BCI)
The capesize bulk carrier market recovered strongly toward the end of the week after facing pressure during the opening sessions, with the improvement led mainly by firmer activity in the Pacific basin. The Baltic Capesize Index (BCI) 5TC advanced to $37,631 from $36,756 at the start of the week, reflecting a sharper change in sentiment as chartering confidence returned. The main driver was the Baltic Capesize Index (BCI) C5 route, where rates moved up from about $10.80 on Wednesday to fixtures at around $12.50 by Friday, supported by steady capesize bulk carrier cargo demand, continued miner activity, and a firmer approach from shipowners. The Atlantic capesize bulk carrier market remained softer for much of the week, with limited fresh enquiry and a wide difference between charterers’ ideas and shipowners’ rate expectations restricting the number of concluded fixtures. However, the Atlantic capesize bulk carrier market also showed signs of improvement toward the close, with Baltic Capesize Index (BCI) C3 bids rising to around $31.00. Although the growing number of capesize bulk carrier ballasters moving west may still limit the medium-term upside, the stronger finish in both basins gave the capesize bulk carrier market a more constructive tone heading into the new week.
Panamax Bulk Carrier Market – Baltic Panamax Index (BPI)
The panamax bulk carrier market showed a clear split between a firmer Atlantic market and a weaker Pacific market. In the Atlantic panamax bulk carrier market, sentiment remained broadly positive despite uneven activity, supported by balanced supply and steady enquiry for both transatlantic and fronthaul business. An 81K DWT kamsarmax bulk carrier was fixed for a transatlantic round voyage at around $21,000, while tight prompt panamax and kamsarmax bulk carrier availability in the North Continent and West Mediterranean helped sustain rate levels. Some earlier loading windows attracted premiums, showing that charterers still needed to secure suitable tonnage where prompt supply was limited. By contrast, the Pacific panamax bulk carrier market softened as limited cargo volumes, weaker demand from Australia and the North Pacific (NOPAC), and rising prompt tonnage availability placed pressure on rates. An 82K DWT kamsarmax bulk carrier fixed a North Pacific (NOPAC) round voyage at about $21,750 early in the week, but similar business later moved closer to $17,000, reflecting the weaker Pacific tone.
Ultramax / Supramax Bulk Carrier Market – Baltic Supramax Index (BSI)
The ultramax and supramax bulk carrier market strengthened during the week, with the Baltic Supramax Index (BSI) posting daily gains as Atlantic demand improved while the Asian market remained comparatively steady. The US Gulf (USG) ultramax and supramax bulk carrier market was particularly active, especially for early positions, as charterers moved to cover requirements before the approaching holidays. A 63K DWT ultramax bulk carrier open in the US Gulf (USG) was fixed to China at around $32,000, while a 62K DWT ultramax bulk carrier open in the US Gulf (USG) was fixed to Turkiye at about $33,000. In the Continent and Mediterranean region, a 63K DWT ultramax bulk carrier open in ARAG was fixed to Turkiye at approximately $25,500. The Asian ultramax and supramax bulk carrier market was quieter, although rates remained relatively stable, with a 63K DWT ultramax bulk carrier open North China fixed to West Africa (WAFR) at around $25,000. Period interest also remained visible, with a 63K DWT ultramax bulk carrier newbuilding delivering from a Chinese shipyard in November 2026 fixed for three years at about $17,500.
Handysize Bulk Carrier Market – Baltic Handysize Index (BHSI)
The handysize bulk carrier market ended the week on a firmer footing, supported mainly by continued strength in East Coast South America (ECSA) and the US Gulf (USG), while the Continent and Mediterranean market stayed steady and Asia remained broadly balanced. In the Continent and Mediterranean handysize bulk carrier market, activity was relatively limited, with charterers generally keeping bids close to recently concluded levels. A 36K DWT handysize bulk carrier open in the Baltic was fixed via Russia and the Baltic to Algeria at around $13,500. East Coast South America (ECSA) and the US Gulf (USG) showed better momentum, helped by stronger bids and improving confidence among shipowners. A 36K DWT handysize bulk carrier open Argentina was fixed to Brazil at around $25,000, while a 35K DWT handysize bulk carrier open Venezuela via the US Gulf (USG) to the United Kingdom was fixed at about $23,500. In Asia, the handysize bulk carrier market remained balanced, with a 33K DWT handysize bulk carrier open South China fixed to the Persian Gulf (PG) at around $20,500. Period activity also appeared, with a 39K DWT handysize bulk carrier open in the US Gulf (USG) fixed for a short-term period at approximately $18,500.
26-June-2026
The Baltic Dry Index (BDI) decreased by 67 points to reach 2,524 points. The Baltic Capesize Index (BCI) decreased by 187 points to 3,640 points, with average daily earnings for capesize bulk carriers decreased by $1,694 to $33,014. The Baltic Panamax Index (BPI) increased by 14 points to 2,110 points, while average daily income for panamax bulk carriers increased by $125 to $18,990. The Baltic Supramax Index (BSI) decreased by 8 points to 1,670 points, with average daily earnings for supramax bulk carriers decreased by $100 to $21,115. The Baltic Handysize Index (BHSI) increased by 2 points to 945 points, as average daily earnings for handysize bulk carriers increased by $40 to $17,014 per day.
25-June-2026
The Baltic Dry Index (BDI) decreased by 43 points to reach 2,591 points. The Baltic Capesize Index (BCI) decreased by 123 points to 3,827 points, with average daily earnings for capesize bulk carriers decreased by $1,117 to $34,708. The Baltic Panamax Index (BPI) increased by 25 points to 2,096 points, while average daily income for panamax bulk carriers increased by $224 to $18,865. The Baltic Supramax Index (BSI) decreased by 15 points to 1,678 points, with average daily earnings for supramax bulk carriers decreased by $185 to $21,215. The Baltic Handysize Index (BHSI) increased by 2 points to 943 points, as average daily earnings for handysize bulk carriers increased by $28 to $16,974 per day.
24-June-2026
The Baltic Dry Index (BDI) decreased by 33 points to reach 2,634 points. The Baltic Capesize Index (BCI) decreased by 96 points to 3,950 points, with average daily earnings for capesize bulk carriers decreased by $870 to $35,825. The Baltic Panamax Index (BPI) increased by 26 points to 2,071 points, while average daily income for panamax bulk carriers increased by $235 to $18,641. The Baltic Supramax Index (BSI) decreased by 12 points to 1,693 points, with average daily earnings for supramax bulk carriers decreased by $152 to $21,400. The Baltic Handysize Index (BHSI) remained unchanged at 941 points, as average daily earnings for handysize bulk carriers increased by $15 to $16,946 per day.
23-June-2026
The Baltic Dry Index (BDI) decreased by 17 points to reach 2,667 points. The Baltic Capesize Index (BCI) decreased by 28 points to 4,046 points, with average daily earnings for capesize bulk carriers decreased by $252 to $36,695. The Baltic Panamax Index (BPI) decreased by 14 points to 2,045 points, while average daily income for panamax bulk carriers decreased by $126 to $18,406. The Baltic Supramax Index (BSI) decreased by 10 points to 1,705 points, with average daily earnings for supramax bulk carriers decreased by $122 to $21,552. The Baltic Handysize Index (BHSI) increased by 5 points to 941 points, as average daily earnings for handysize bulk carriers increased by $92 to $16,931 per day.
22-June-2026
The Baltic Dry Index (BDI) decreased by 38 points to reach 2,684 points. The Baltic Capesize Index (BCI) decreased by 75 points to 4,074 points, with average daily earnings for capesize bulk carriers decreased by $684 to $36,947. The Baltic Panamax Index (BPI) decreased by 37 points to 2,059 points, while average daily income for panamax bulk carriers decreased by $328 to $18,532. The Baltic Supramax Index (BSI) decreased by 3 points to 1,715 points, with average daily earnings for supramax bulk carriers decreased by $41 to $21,674. The Baltic Handysize Index (BHSI) increased by 2 points to 936 points, as average daily earnings for handysize bulk carriers increased by $35 to $16,839 per day.
19-June-2026
The Baltic Dry Index (BDI) increased by 63 points to reach 2,722 points. The Baltic Capesize Index (BCI) increased by 209 points to 4,149 points, with average daily earnings for capesize bulk carriers increased by $1,900 to $37,631. The Baltic Panamax Index (BPI) decreased by 53 points to 2,096 points, while average daily income for panamax bulk carriers decreased by $479 to $18,860. The Baltic Supramax Index (BSI) increased by 4 points to 1,718 points, with average daily earnings for supramax bulk carriers increased by $49 to $21,715. The Baltic Handysize Index (BHSI) increased by 7 points to 934 points, as average daily earnings for handysize bulk carriers increased by $116 to $16,804 per day.
18-June-2026
The Baltic Dry Index (BDI) increased by 6 points to reach 2,659 points. The Baltic Capesize Index (BCI) increased by 63 points to 3,940 points, with average daily earnings for capesize bulk carriers increased by $569 to $35,731. The Baltic Panamax Index (BPI) decreased by 74 points to 2,149 points, while average daily income for panamax bulk carriers decreased by $670 to $19,339. The Baltic Supramax Index (BSI) increased by 9 points to 1,714 points, with average daily earnings for supramax bulk carriers increased by $108 to $21,666. The Baltic Handysize Index (BHSI) increased by 10 points to 927 points, as average daily earnings for handysize bulk carriers increased by $186 to $16,668 per day.
17-June-2026
The Baltic Dry Index (BDI) decreased by 17 points to reach 2,653 points. The Baltic Capesize Index (BCI) decreased by 34 points to 3,877 points, with average daily earnings for capesize bulk carriers decreased by $309 to $35,162. The Baltic Panamax Index (BPI) decreased by 43 points to 2,223 points, while average daily income for panamax bulk carriers decreased by $384 to $20,009. The Baltic Supramax Index (BSI) increased by 20 points to 1,705 points, with average daily earnings for supramax bulk carriers increased by $254 to $21,558. The Baltic Handysize Index (BHSI) increased by 7 points to 917 points, as average daily earnings for handysize bulk carriers increased by $117 to $16,502 per day.
16-June-2026
The Baltic Dry Index (BDI) decreased by 50 points to reach 2,670 points. The Baltic Capesize Index (BCI) decreased by 142 points to 3,911 points, with average daily earnings for capesize bulk carriers decreased by $1,285 to $35,471. The Baltic Panamax Index (BPI) decreased by 25 points to 2,266 points, while average daily income for panamax bulk carriers decreased by $224 to $20,393. The Baltic Supramax Index (BSI) increased by 21 points to 1,685 points, with average daily earnings for supramax bulk carriers increased by $265 to $21,304. The Baltic Handysize Index (BHSI) increased by 5 points to 910 points, as average daily earnings for handysize bulk carriers increased by $96 to $16,385 per day.
15-June-2026
The Baltic Dry Index (BDI) decreased by 9 points to reach 2,720 points. The Baltic Capesize Index (BCI) decreased by 54 points to 4,053 points, with average daily earnings for capesize bulk carriers decreased by $495 to $36,756. The Baltic Panamax Index (BPI) increased by 8 points to 2,291 points, while average daily income for panamax bulk carriers increased by $72 to $20,617. The Baltic Supramax Index (BSI) increased by 22 points to 1,664 points, with average daily earnings for supramax bulk carriers increased by $283 to $21,039. The Baltic Handysize Index (BHSI) increased by 5 points to 905 points, as average daily earnings for handysize bulk carriers increased by $94 to $16,289 per day.
12-June-2026
The Baltic Dry Index (BDI) remained unchanged at 2,729 points. The Baltic Capesize Index (BCI) decreased by 33 points to 4,107 points, with average daily earnings for capesize bulk carriers decreased by $300 to $37,251. The Baltic Panamax Index (BPI) increased by 32 points to 2,283 points, while average daily income for panamax bulk carriers increased by $290 to $20,545. The Baltic Supramax Index (BSI) increased by 9 points to 1,642 points, with average daily earnings for supramax bulk carriers increased by $111 to $20,756. The Baltic Handysize Index (BHSI) increased by 10 points to 900 points, as average daily earnings for handysize bulk carriers increased by $173 to $16,195 per day.
11-June-2026
The Baltic Dry Index (BDI) decreased by 42 points to reach 2,729 points. The Baltic Capesize Index (BCI) decreased by 161 points to 4,140 points, with average daily earnings for capesize bulk carriers decreased by $1,456 to $37,551. The Baltic Panamax Index (BPI) increased by 40 points to 2,251 points, while average daily income for panamax bulk increased by $358 to $20,255. The Baltic Supramax Index (BSI) increased by 15 points to 1,633 points, with average daily earnings for supramax bulk carriers increased by $196 to $20,645. The Baltic Handysize Index (BHSI) increased by 15 points to 890 points, as average daily earnings for handysize bulk carriers increased by $278 to $16,022 per day.
10-June-2026
The Baltic Dry Index (BDI) decreased by 47 points to reach 2,771 points. The Baltic Capesize Index (BCI) decreased by 140 points to 4,301 points, with average daily earnings for capesize bulk carriers decreased by $1,267 to $39,007. The Baltic Panamax Index (BPI) increased by 6 points to 2,211 points, while average daily income for panamax bulk increased by $51 to $19,897. The Baltic Supramax Index (BSI) increased by 4 points to 1,618 points, with average daily earnings for supramax bulk carriers increased by $53 to $20,449. The Baltic Handysize Index (BHSI) increased by 7 points to 875 points, as average daily earnings for handysize bulk carriers increased by $115 to $15,744 per day.
9-June-2026
The Baltic Dry Index (BDI) decreased by 98 points to reach 2,818 points. The Baltic Capesize Index (BCI) decreased by 278 points to 4,441 points, with average daily earnings for capesize bulk carriers decreased by $2,524 to $40,274. The Baltic Panamax Index (BPI) decreased by 13 points to 2,205 points, while average daily income for panamax bulk decreased by $120 to $19,846. The Baltic Supramax Index (BSI) increased by 18 points to 1,614 points, with average daily earnings for supramax bulk carriers increased by $228 to $20,396. The Baltic Handysize Index (BHSI) increased by 3 points to 868 points, as average daily earnings for handysize bulk carriers increased by $64 to $15,629 per day.
8-June-2026
The Baltic Dry Index (BDI) decreased by 65 points to reach 2,916 points. The Baltic Capesize Index (BCI) decreased by 174 points to 4,719 points, with average daily earnings for capesize bulk carriers decreased by $1,576 to $42,798. The Baltic Panamax Index (BPI) decreased by 18 points to 2,218 points, while average daily income for panamax bulk decreased by $155 to $19,966. The Baltic Supramax Index (BSI) increased by 8 points to 1,596 points, with average daily earnings for supramax bulk carriers increased by $101 to $20,168. The Baltic Handysize Index (BHSI) increased by 1 point to 865 points, as average daily earnings for handysize bulk carriers increased by $19 to $15,565 per day.
8-June-2026
Capesize Bulk Carrier Market – Baltic Capesize Index (BCI)
The capesize bulk carrier market ended the week on a weaker note, with the Baltic Capesize Index (BCI) 182 5TC slipping from just below $50,000 at the beginning of the week to $44,374. This movement pointed to a clear loss of momentum as trading progressed. Market activity was marked by consistently thin liquidity, reduced participation because of the Athens-based Posidonia exhibition, and generally quiet miner involvement. These factors left the capesize bulk carrier market exposed to downward pressure. In the Pacific capesize bulk carrier market, sentiment deteriorated steadily during the week, as Baltic Capesize Index (BCI) C5 levels softened on limited capesize bulk carrier cargo flow and insufficient support from major miners. Capesize bulk carrier fixtures moved progressively lower, starting around $15.80 early in the week and easing to $14.90 by the close. The East Coast South America (ECSA) and West Africa (WAFR) to China capesize bulk carrier market followed a comparable, though more gradual, weakening pattern, with Baltic Capesize Index (BCI) C3 index dates drifting lower and spreads widening before later stems settled around $36.30. The North Atlantic capesize bulk carrier market initially held up better, briefly supported by short-duration TA (Trans Atlantic) capesize bulk carrier activity, but this support faded as the week advanced and sentiment softened in line with the wider capesize bulk carrier market. Fronthaul capesize bulk carrier market activity remained notably quiet throughout the week.
Panamax Bulk Carrier Market – Baltic Panamax Index (BPI)
The panamax bulk carrier market began the week on a quiet footing, affected by regional holidays and the Athens-based Posidonia exhibition, with limited activity encouraging many participants to review their panamax bulk carrier positions. Although the Baltic Panamax Index (BPI) P5TC recorded an early improvement, sentiment soon weakened as the week developed. In the Atlantic panamax bulk carrier market, an expanding panamax bulk carrier tonnage list, particularly in the North Continent, together with relatively scarce mineral and grain cargoes, placed pressure on charter rates. Owners gradually reduced their expectations, especially for prompt tonnage, while fronthaul activity remained subdued. Pacific trades offered some early support, helped by steady Indonesian and Australian exports, but sentiment turned mixed by midweek as bid levels softened. Panamax bulk carrier owners resisted sharper charter rate reductions, which widened the bid-offer gap and restricted panamax bulk carrier fixtures. As the week moved forward, negative momentum became more widespread across both the Atlantic and Pacific panamax bulk carrier markets, with weaker East Coast South America (ECSA) demand and continued easing in the Pacific for panamax bulk carriers. Overall, the declining Baltic Panamax Index (BPI) reflected persistent oversupply of panamax bulk carriers and limited enquiry, leaving the panamax bulk carrier market cautious heading into the following week.
Ultramax / Supramax Bulk Carrier Market – Baltic Supramax Index (BSI)
The ultramax and supramax bulk carrier market gained shape gradually after a slow start to the week, as the Athens-based Posidonia exhibition and a Singapore holiday limited early trading momentum. Overall ultramax and supramax bulk carrier market sentiment improved modestly as the week progressed, particularly in the Atlantic ultramax and supramax bulk carrier market, where the US Gulf (USG) ultramax and supramax bulk carrier market remained the main source of support. Shipbrokers continued to report firmer charter rate ideas from the US Gulf (USG) and steady underlying activity from East Coast South America (ECSA), although much of the concluded business remained private. The Continent-Mediterranean market stayed broadly balanced. In Asia, ultramax and supramax bulk carrier market conditions were mixed at first, with stronger demand in the north offset by pressure in the south from prompt ultramax and supramax bulk carrier tonnage. However, sentiment improved later in the week as fresh enquiry returned. Notable ultramax and supramax bulk carrier fixtures included coal and grain business in both the Atlantic and Pacific ultramax and supramax bulk carrier markets, together with limited short-period interest. By the end of the week, the Baltic Supramax Index (BSI) 11TC average had edged up from $19,847 to $20,067, showing a firmer but still cautious overall ultramax and supramax bulk carrier market tone.
Handysize Bulk Carrier Market – Baltic Handysize Index (BHSI)
The handysize bulk carrier market remained generally subdued this week, although some gradual signs of improvement were visible beneath the surface. Activity across the Atlantic handysize bulk carrier market was limited, as the Athens-based Posidonia exhibition and other industry events kept many participants away from regular trading, leaving the Continent and Mediterranean handysize bulk carrier market largely positional. The East Coast South America (ECSA) handysize bulk carrier market stayed under pressure from ample handysize bulk carrier tonnage and muted fresh demand. A 35K DWT handysize bulk carrier open Argentina to Venezuela was fixed at around $20,500. The US Gulf (USG) handysize bulk carrier market maintained a slightly firmer tone, supported by tighter handysize bulk carrier supply and renewed enquiry, with a 35K DWT handysize bulk carrier open US East Coast to Netherlands fixed at around $20,000. Asian handysize bulk carrier market sentiment remained comparatively more supportive throughout the week, underpinned by steady handysize bulk carrier demand and tightening tonnage in parts of Asia, with handysize bulk carrier charter rates gradually moving upward. A 42K DWT handysize bulk carrier open Japan via Australia to Japan was fixed at around $19,000.
5-June-2026
The Baltic Dry Index (BDI) decreased by 56 points to reach 2,981 points. The Baltic Capesize Index (BCI) decreased by 147 points to 4,893 points, with average daily earnings for capesize bulk carriers decreased by $1,333 to $44,374. The Baltic Panamax Index (BPI) decreased by 18 points to 2,236 points, while average daily income for panamax bulk decreased by $164 to $20,121. The Baltic Supramax Index (BSI) increased by 4 points to 1,588 points, with average daily earnings for supramax bulk carriers increased by $47 to $20,067. The Baltic Handysize Index (BHSI) increased by 2 points to 864 points, as average daily earnings for handysize bulk carriers increased by $38 to $15,546 per day.
4-June-2026
The Baltic Dry Index (BDI) decreased by 87 points to reach 3,037 points. The Baltic Capesize Index (BCI) decreased by 213 points to 5,040 points, with average daily earnings for capesize bulk carriers decreased by $1,934 to $45,707. The Baltic Panamax Index (BPI) decreased by 36 points to 2,254 points, while average daily income for panamax bulk decreased by $322 to $20,285. The Baltic Supramax Index (BSI) increased by 1 point to 1,584 points, with average daily earnings for supramax bulk carriers increased by $14 to $20,020. The Baltic Handysize Index (BHSI) increased by 7 points to 862 points, as average daily earnings for handysize bulk carriers increased by $118 to $15,505 per day.
3-June-2026
The Baltic Dry Index (BDI) decreased by 81 points to reach 3,124 points. The Baltic Capesize Index (BCI) decreased by 206 points to 5,253 points, with average daily earnings for capesize bulk carriers decreased by $1,870 to $47,641. The Baltic Panamax Index (BPI) decreased by 31 points to 2,290 points, while average daily income for panamax bulk decreased by $282 to $20,607. The Baltic Supramax Index (BSI) increased by 6 points to 1,583 points, with average daily earnings for supramax bulk carriers increased by $73 to $20,006. The Baltic Handysize Index (BHSI) increased by 1 point to 855 points, as average daily earnings for handysize bulk carriers increased by $22 to $15,390 per day.
2-June-2026
The Baltic Dry Index (BDI) decreased by 17 points to reach 3,205 points. The Baltic Capesize Index (BCI) decreased by 37 points to 5,459 points, with average daily earnings for capesize bulk carriers decreased by $338 to $49,511. The Baltic Panamax Index (BPI) decreased by 23 points to 2,321 points, while average daily income for panamax bulk decreased by $206 to $20,889. The Baltic Supramax Index (BSI) increased by 7 points to 1,577 points, with average daily earnings for supramax bulk carriers increased by $86 to $19,993. The Baltic Handysize Index (BHSI) increased by 1 point to 854 points, as average daily earnings for handysize bulk carriers increased by $15 to $15,368 per day.
1-June-2026
The Baltic Dry Index (BDI) decreased by 2 points to reach 3,222 points. The Baltic Capesize Index (BCI) decreased by 7 points to 5,496 points, with average daily earnings for capesize bulk carriers decreased by $65 to $46,346. The Baltic Panamax Index (BPI) increased by 1 point to 2,344 points, while average daily income for panamax bulk increased by $9 to $21,095. The Baltic Supramax Index (BSI) increased by 1 point to 1,570 points, with average daily earnings for supramax bulk carriers increased by $20 to $19,847. The Baltic Handysize Index (BHSI) increased by 2 points to 853 points, as average daily earnings for handysize bulk carriers increased by $41 to $15,353 per day.