The Baltic Dry Index (BDI) increased by 27 points to reach 2,991 points. The Baltic Capesize Index (BCI) increased by 120 points to 4,954 points, with average daily earnings for capesize bulk carriers increased by $1,093 to $41,428. The Baltic Panamax Index (BPI) decreased by 53 points to 2,223 points, while average daily income for panamax bulk decreased by $481 to $20,004. The Baltic Supramax Index (BSI) decreased by 4 points to 1,567 points, with average daily earnings for supramax bulk carriers decreased by $62 to $19,801. The Baltic Handysize Index (BHSI) decreased by 3 points to 843 points, as average daily earnings for handysize bulk carriers decreased by $56 to $15,168 per day.

 

 

 

21-May-2026

The Baltic Dry Index (BDI) decreased by 41 points to reach 2,964 points. The Baltic Capesize Index (BCI) decreased by 46 points to 4,834 points, with average daily earnings for capesize bulk carriers decreased by $425 to $40,335. The Baltic Panamax Index (BPI) decreased by 98 points to 2,276 points, while average daily income for panamax bulk decreased by $882 to $20,485. The Baltic Supramax Index (BSI) increased by 5 points to 1,571 points, with average daily earnings for supramax bulk carriers increased by $74 to $19,863. The Baltic Handysize Index (BHSI) decreased by 2 points to 846 points, as average daily earnings for handysize bulk carriers decreased by $32 to $15,224 per day.

 

 

 

20-May-2026

The Baltic Dry Index (BDI) decreased by 49 points to reach 3,005 points. The Baltic Capesize Index (BCI) decreased by 69 points to 4,880 points, with average daily earnings for capesize bulk carriers decreased by $625 to $40,760. The Baltic Panamax Index (BPI) decreased by 85 points to 2,374 points, while average daily income for panamax bulk decreased by $764 to $21,367. The Baltic Supramax Index (BSI) decreased by 2 points to 1,566 points, with average daily earnings for supramax bulk carriers decreased by $33 to $19,789. The Baltic Handysize Index (BHSI) decreased by 2 points to 848 points, as average daily earnings for handysize bulk carriers decreased by $48 to $15,256 per day.

 

 

 

19-May-2026

The Baltic Dry Index (BDI) decreased by 38 points to reach 3,054 points. The Baltic Capesize Index (BCI) decreased by 64 points to 4,949 points, with average daily earnings for capesize bulk carriers decreased by $574 to $41,385. The Baltic Panamax Index (BPI) decreased by 52 points to 2,459 points, while average daily income for panamax bulk decreased by $466 to $22,131. The Baltic Supramax Index (BSI) decreased by 2 points to 1,568 points, with average daily earnings for supramax bulk carriers decreased by $27 to $19,822. The Baltic Handysize Index (BHSI) decreased by 2 points to 850 points, as average daily earnings for handysize bulk carriers decreased by $35 to $15,304 per day.

 

 

 

18-May-2026

The Baltic Dry Index (BDI) decreased by 59 points to reach 3,092 points. The Baltic Capesize Index (BCI) decreased by 160 points to 5,013 points, with average daily earnings for capesize bulk carriers decreased by $1,454 to $41,959. The Baltic Panamax Index (BPI) decreased by 10 points to 2,511 points, while average daily income for panamax bulk decreased by $94 to $22,597. The Baltic Supramax Index (BSI) increased by 5 points to 1,570 points, with average daily earnings for supramax bulk carriers increased by $61 to $19,849. The Baltic Handysize Index (BHSI) increased by 2 points to 852 points, as average daily earnings for handysize bulk carriers increased by $43 to $15,339 per day.

 

 

 

18-May-2026

Capesize Bulk Carrier Market – Baltic Capesize Index (BCI)

The capesize bulk carrier market delivered a notably firmer performance over the week, with confidence improving in both the Atlantic and Pacific basins as reduced capesize bulk carrier availability and steady cargo demand gradually gave capesize bulk carrier owners a stronger position in negotiations. The Pacific capesize bulk carrier market started the week in a relatively calm and balanced manner, but regular miner participation on the Baltic Capesize Index (BCI) C5 route helped place a supportive floor under capesize bulk carrier charter rates. Trading gained pace around the middle of the week, with capesize bulk carrier fixtures moving up toward $15.90, although renewed charterer resistance appeared on Thursday during a quieter Ascension Day-influenced session, pulling capesize bulk carrier charter rates back toward the $15.00 level. The strongest upward push came from the East Coast South America (ECSA) and West Africa (WAFR) to China capesize bulk carrier markets, where increased Baltic Capesize Index (BCI) C3 fixing activity rapidly drew down prompt capesize bulk carrier tonnage and sharply tightened capesize bulk carrier availability for early-to-mid June 2026 laycans. This change in supply balance gave sentiment a substantial lift, with Baltic Capesize Index (BCI) C3 charter rates advancing from $36.20 to a weekly peak of $37.90 before easing to $36.90 by the close of the week. The North Atlantic capesize bulk carrier market also strengthened as the week developed, helped by fresh transatlantic capesize bulk carrier enquiry and a steadily shrinking capesize bulk carrier tonnage list, which supported gains on both front-haul and transatlantic business.

Panamax Bulk Carrier Market – Baltic Panamax Index (BPI)

The panamax bulk carrier market retained a strong upward trend throughout the week, with the Baltic Panamax Index (BPI) P5TC climbing from $20,548 on Monday to $22,691 by Friday. In the Atlantic panamax bulk carrier market, firm panamax bulk carrier owners’ sentiment remained evident, supported by healthy fronthaul returns, tightening panamax bulk carrier supply and continued grain movements from North Coast South America (NCSA) and East Coast South America (ECSA), while mineral cargo demand showed signs of gradual recovery. Transatlantic panamax bulk carrier activity stayed fairly balanced but restrained, as a limited number of panamax bulk carrier fixtures was countered by firmer panamax bulk carrier charter rate expectations. In the Pacific panamax bulk carrier market, consistent mineral cargoes from Indonesia and Australia, combined with improving North Pacific grain enquiry, helped maintain positive rate pressure despite a more cautious mood emerging later in the week. Period panamax bulk carrier interest remained visible, with several clean panamax bulk carrier fixtures concluded. In general, a tighter prompt panamax bulk carrier tonnage list and steady cargo flows preserved a positive market tone, with panamax bulk carrier charter rates continuing to rise across both Atlantic and Pacific basins.

Ultramax / Supramax Bulk Carrier Market – Baltic Supramax Index (BSI)

The ultramax and supramax bulk carrier market remained mostly stable during the week, with limited movement and no major shift in direction across the sector. The Atlantic ultramax and supramax bulk carrier market stayed quiet overall, with the Ascension Day holiday further reducing trading activity. A 53K DWT supramax bulk carrier open Algeria to Mexico East Coast was fixed at around $8,000. The US Gulf (USG) ultramax and supramax bulk carrier market showed little change, with a 63K DWT ultramax bulk carrier open US Gulf (USG) to Spain fixed at around $20,500. The East Coast South America (ECSA) ultramax and supramax bulk carrier market recorded some demand, including a 63K DWT ultramax bulk carrier open Argentina to China fixed at around $19,000 plus $900,000 BB (Ballast Bonus). The Asian ultramax and supramax bulk carrier market showed stronger demand, helping keep ultramax and supramax bulk carrier charter rates fairly well supported from the region. Backhaul ultramax and supramax bulk carrier business included a 52K DWT supramax bulk carrier open North China to Nigeria fixed at around $19,500, while a 53K DWT supramax bulk carrier open North China to Dominican Republic was fixed at around $18,000. A 57K DWT supramax bulk carrier open North China to Vietnam was also fixed at around $19,500. Period business was also seen, with a 63K DWT ultramax bulk carrier open Bangladesh in mid-May fixed for a short period at $18,000.

Handysize Bulk Carrier Market – Baltic Handysize Index (BHSI)

The handysize bulk carrier market produced a mixed but generally firmer week, with the main support coming from improved sentiment and healthier cargo volumes in the Asian handysize bulk carrier market, while the Atlantic handysize bulk carrier market remained more subdued and position-driven. The Continent and Mediterranean handysize bulk carrier market saw only limited new enquiry and small handysize bulk carrier charter rate adjustments. The East Coast South America (ECSA) and US Gulf (USG) handysize bulk carrier market stayed broadly steady for most of the week, although some softer signs appeared toward the end of the period. A 37K DWT handysize bulk carrier open Argentina to Colombia East Coast was fixed at around $18,500, while a 33K DWT handysize bulk carrier open US East Coast (USEC) to Germany was fixed at around $18,000. The Asian handysize bulk carrier market performed more positively, with steadier cargo volumes and gradually improving handysize bulk carrier charter rate expectations helping to maintain a firm underlying market tone despite uneven conditions elsewhere. A 37K DWT handysize bulk carrier open Philippines via Australia to Vietnam was fixed at around $17,000.

 

 

 

15-May-2026

The Baltic Dry Index (BDI) decreased by 44 points to reach 3,151 points. The Baltic Capesize Index (BCI) decreased by 143 points to 5,173 points, with average daily earnings for capesize bulk carriers decreased by $1,293 to $43,413. The Baltic Panamax Index (BPI) increased by 18 points to 2,521 points, while average daily income for panamax bulk increased by $163 to $22,691. The Baltic Supramax Index (BSI) increased by 7 points to 1,565 points, with average daily earnings for supramax bulk carriers increased by $90 to $19,788. The Baltic Handysize Index (BHSI) decreased by 1 point to 850 points, as average daily earnings for handysize bulk carriers decreased by $15 to $15,296 per day.

 

 

 

14-May-2026

The Baltic Dry Index (BDI) increased by 6 points to reach 3,195 points. The Baltic Capesize Index (BCI) decreased by 24 points to 5,316 points, with average daily earnings for capesize bulk carriers decreased by $224 to $44,706. The Baltic Panamax Index (BPI) increased by 49 points to 2,503 points, while average daily income for panamax bulk increased by $445 to $22,528. The Baltic Supramax Index (BSI) increased by 5 points to 1,558 points, with average daily earnings for supramax bulk carriers increased by $73 to $19,698. The Baltic Handysize Index (BHSI) increased by 3 points to 851 points, as average daily earnings for handysize bulk carriers increased by $56 to $15,311 per day.

 

 

 

13-May-2026

The Baltic Dry Index (BDI) increased by 126 points to reach 3,189 points. The Baltic Capesize Index (BCI) increased by 258 points to 5,340 points, with average daily earnings for capesize bulk carriers increased by $2,342 to $44,930. The Baltic Panamax Index (BPI) increased by 94 points to 2,454 points, while average daily income for panamax bulk increased by $842 to $22,083. The Baltic Supramax Index (BSI) increased by 18 points to 1,553 points, with average daily earnings for supramax bulk carriers increased by $217 to $19,625. The Baltic Handysize Index (BHSI) increased by 5 points to 848 points, as average daily earnings for handysize bulk carriers increased by $90 to $15,255 per day.

 

 

 

12-May-2026

The Baltic Dry Index (BDI) increased by 62 points to reach 3,063 points. The Baltic Capesize Index (BCI) increased by 106 points to 5,082 points, with average daily earnings for capesize bulk carriers increased by $958 to $42,588. The Baltic Panamax Index (BPI) increased by 77 points to 2,360 points, while average daily income for panamax bulk increased by $693 to $21,241. The Baltic Supramax Index (BSI) increased by 8 points to 1,535 points, with average daily earnings for supramax bulk carriers increased by $108 to $19,408. The Baltic Handysize Index (BHSI) increased by 5 points to 843 points, as average daily earnings for handysize bulk carriers increased by $88 to $15,165 per day.

 

 

 

11-May-2026

The Baltic Dry Index (BDI) increased by 23 points to reach 3,001 points. The Baltic Capesize Index (BCI) increased by 21 points to 4,976 points, with average daily earnings for capesize bulk carriers increased by $192 to $41,630. The Baltic Panamax Index (BPI) increased by 50 points to 2,283 points, while average daily income for panamax bulk increased by $449 to $20,548. The Baltic Supramax Index (BSI) increased by 5 points to 1,527 points, with average daily earnings for supramax bulk carriers increased by $60 to $19,300. The Baltic Handysize Index (BHSI) increased by 5 points to 838 points, as average daily earnings for handysize bulk carriers increased by $83 to $15,077 per day.

 

 

 

11-May-2026

Capesize Bulk Carrier Market – Baltic Capesize Index (BCI)

The capesize bulk carrier market posted a firm advance over the week, with momentum developing from a busy opening in the Pacific capesize bulk carrier market after the UK bank holiday. Early strength was largely driven by the Pacific side, where all three major miners remained consistently active on the Baltic Capesize Index (BCI) C5 route, while a steady flow of East Australian coal tender cargoes helped lift capesize bulk carrier charter rates and strengthen market confidence. This firmer tone gradually extended into the Atlantic capesize bulk carrier market, where enquiry improved and sentiment became more positive as the week progressed. Stronger transatlantic round activity and a tighter capesize bulk carrier tonnage list added further support. Around midweek, both Atlantic and Pacific basins saw sentiment accelerate, with the capesize bulk carrier market increasingly shaped by tightening supply and reduced prompt capesize bulk carrier availability. Baltic Capesize Index (BCI) C5 moved clearly above $15.50, while Baltic Capesize Index (BCI) C3 climbed toward $36.90 as bids improved and capesize bulk carrier owners became more resistant to lower levels. Later in the week, however, the upward pace slowed across both basins. Baltic Capesize Index (BCI) C5 eased back toward $15, capesize bulk carrier ballaster availability increased slightly, and charterers became more selective, resulting in some softer Baltic Capesize Index (BCI) C3 fixtures for later loading windows. Despite this moderation, North Atlantic transatlantic capesize bulk carrier market activity remained healthy, and firmer capesize bulk carrier charter rates were also supported by fronthaul demand. Overall, the Baltic Capesize Index (BCI) 182 5TC increased from $42,649 on Tuesday to close the week at $44,941, after reaching $46,610 on Thursday.

Panamax Bulk Carrier Market – Baltic Panamax Index (BPI)

The panamax bulk carrier market strengthened steadily across both the Atlantic and Pacific basins, supported by tighter panamax bulk carrier tonnage supply and improving cargo demand. At the start of the week, panamax bulk carrier charter rates moved sharply higher, with Atlantic and Pacific routes both gaining ground as stronger grain and mineral flows produced firmer fixtures, particularly on fronthaul employment. Midweek Atlantic panamax bulk carrier market activity became quieter, but sentiment remained positive as available panamax bulk carrier tonnage lists shortened and owners raised offers in response to improved fronthaul fixing volumes. In the Asian panamax bulk carrier market, steady Australian mineral exports and active Indonesian cargo demand, together with limited modern panamax bulk carrier tonnage availability, kept panamax bulk carrier charter rates trending upward. By Thursday, restricted panamax bulk carrier supply and consistent cargo flow pushed the panamax bulk carrier market higher again, with both the Atlantic and Pacific basins reporting stronger fixtures and continuing positive momentum. The Baltic Panamax Index (BPI) P5TC index rose throughout the week, moving from $18,490 on Tuesday to finish at $20,099 on Friday.

Ultramax / Supramax Bulk Carrier Market – Baltic Supramax Index (BSI)

The ultramax and supramax bulk carrier market stayed broadly positive despite a shorter working week for some participants after the long weekend. The Atlantic ultramax and supramax bulk carrier market recorded a reasonable level of activity, while owners’ expectations edged higher. A 62K DWT ultramax bulk carrier open US East Coast (USEC) to Finland fixed at around $26,000. The Continent ultramax and supramax bulk carrier market continued to benefit from scrap cargo demand, with a 62K DWT ultramax bulk carrier open Baltic to Turkiye fixed at around $20,000. Although reported ultramax and supramax bulk carrier market activity was limited, shipbrokers said East Coast South America (ECSA) continued to show healthy numbers. A 63K DWT ultramax bulk carrier open Argentina to China fixed at around $17,000 plus $700,000 BB (Ballast Bonus). In Asia, the ultramax and supramax bulk carrier market remained stable, though some market participants said fresh enquiry farther north was thin. A 62K DWT ultramax bulk carrier open South Korea via the NoPac (North Pacific) to Bangladesh fixed at around $17,000. Demand for ultramax and supramax bulk carriers remained visible farther south, where a 55K DWT supramax bulk carrier open Malaysia via Indonesia to Thailand fixed at around $18,250. The Indian Ocean ultramax and supramax bulk carrier market was mainly positional, with a 62K DWT ultramax bulk carrier open West Coast India (WCI) to China fixed at around $16,500.

Handysize Bulk Carrier Market – Baltic Handysize Index (BHSI)

The handysize bulk carrier market was mostly flat to marginally firmer, with regional positioning playing a larger role than any significant rise in cargo demand. In the Continent and Mediterranean handysize bulk carrier market, conditions remained subdued, as limited enquiry and quiet trading continued to weigh on sentiment. The US Gulf (USG) and East Coast South America (ECSA) handysize bulk carrier market showed slightly better movement, supported by fresh interest and a modest increase in activity. Even so, the improvement was not strong enough to absorb surplus handysize bulk carrier tonnage, meaning handysize bulk carrier charter rates only gained gradually. A 39K DWT handysize bulk carrier open West Africa (WAFR) via Brazil to Norway fixed at around $22,000. A 38K DWT handysize bulk carrier open USG (US Gulf) to UK fixed at around $14,500. In Asia, the handysize bulk carrier market also remained flat, partly because regional holidays slowed activity. The handysize bulk carrier tonnage list became slightly longer, while the cargo book showed little real change.

 

 

 

8-May-2026

The Baltic Dry Index (BDI) decreased by 56 points to reach 2,978 points. The Baltic Capesize Index (BCI) decreased by 184 points to 4,955 points, with average daily earnings for capesize bulk carriers decreased by $1,669 to $41,438. The Baltic Panamax Index (BPI) increased by 38 points to 2,233 points, while average daily income for panamax bulk increased by $341 to $20,099. The Baltic Supramax Index (BSI) increased by 1 point to 1,522 points, with average daily earnings for supramax bulk carriers increased by $14 to $19,240. The Baltic Handysize Index (BHSI) increased by 6 points to 833 points, as average daily earnings for handysize bulk carriers increased by $106 to $14,994 per day.

 

 

 

7-May-2026

The Baltic Dry Index (BDI) increased by 43 points to reach 3,034 points. The Baltic Capesize Index (BCI) increased by 65 points to 5,139 points, with average daily earnings for capesize bulk carriers increased by $593 to $43,107. The Baltic Panamax Index (BPI) increased by 60 points to 2,195 points, while average daily income for panamax bulk increased by $542 to $19,758. The Baltic Supramax Index (BSI) increased by 7 points to 1,521 points, with average daily earnings for supramax bulk carriers increased by $90 to $19,226. The Baltic Handysize Index (BHSI) increased by 3 points to 827 points, as average daily earnings for handysize bulk carriers increased by $60 to $14,888 per day.

 

 

 

6-May-2026

The Baltic Dry Index (BDI) increased by 159 points to reach 2,991 points. The Baltic Capesize Index (BCI) increased by 371 points to 5,074 points, with average daily earnings for capesize bulk carriers increased by $3,368 to $42,514. The Baltic Panamax Index (BPI) increased by 81 points to 2,135 points, while average daily income for panamax bulk increased by $726 to $19,216. The Baltic Supramax Index (BSI) decreased by 6 points to 1,514 points, with average daily earnings for supramax bulk carriers increased by $78 to $19,136. The Baltic Handysize Index (BHSI) increased by 3 points to 824 points, as average daily earnings for handysize bulk carriers increased by $54 to $14,828 per day.

 

 

5-May-2026

The Baltic Dry Index (BDI) increased by 102 points to reach 2,832 points. The Baltic Capesize Index (BCI) increased by 256 points to 4,703 points, with average daily earnings for capesize bulk carriers increased by $2,318 to $39,146. The Baltic Panamax Index (BPI) increased by 52 points to 2,054 points, while average daily income for panamax bulk increased by $472 to $18,490. The Baltic Supramax Index (BSI) decreased by 12 points to 1,508 points, with average daily earnings for supramax bulk carriers decreased by $151 to $19,058. The Baltic Handysize Index (BHSI) increased by 6 points to 821 points, as average daily earnings for handysize bulk carriers increased by $108 to $14,774 per day.

 

 

 

4-May-2026

Capesize Bulk Carrier Market – Baltic Capesize Index (BCI)

The capesize bulk carrier market entered the week with little conviction, as trading conditions lacked a firm direction and sentiment stayed broadly unchanged. Activity was not evenly spread across the major basins. The Pacific capesize bulk carrier market remained the more active side, supported by steady participation from miners and a regular flow of coal stems and tender cargoes. Nevertheless, capesize bulk carrier charter rates were still held in check, with the Baltic Capesize Index (BCI) C5 route hovering near $12.50. The Atlantic capesize bulk carrier market was considerably quieter, with few visible fixtures and a continued mismatch between available capesize bulk carrier tonnage and fresh cargo requirements. The East Coast South America (ECSA) and West Africa (WAFR) to China capesize bulk carrier market failed to build early momentum, as wide bid-offer gaps and no confirmed Baltic Capesize Index (BCI) C3 fixtures kept sentiment restrained, while the North Atlantic capesize bulk carrier market stayed especially muted. Conditions improved later in the week. Stronger miner involvement lifted the Baltic Capesize Index (BCI) C5 route toward $14 for prompt dates, while the South Atlantic also found better support, with Baltic Capesize Index (BCI) C3 fixtures reaching about $34.50 and earlier bid-offer spreads tightening. By the end of the week, the capesize bulk carrier market had moved away from its initial flatness, helped by a firmer undertone. The Baltic Capesize Index (BCI) 182 5TC reflected this improvement, rising from $38,837 at the start of the week to $40,371 by the close.

Panamax Bulk Carrier Market – Baltic Panamax Index (BPI)

The panamax bulk carrier market showed a pronounced contrast between the Atlantic and Pacific regions. In the Atlantic panamax bulk carrier market, sentiment remained weak as the panamax bulk carrier tonnage list continued to grow, most notably in the North Continent, while transatlantic grain and mineral demand stayed limited. This combination kept panamax bulk carrier charter rates under pressure. Fronthaul enquiry from the US Gulf (USG) and North Coast South America (NCSA) gave the market intermittent support, but overall panamax bulk carrier charter rate levels softened through much of the week. The Baltic Panamax Index (BPI) P1A and Baltic Panamax Index (BPI) P2A indices declined for most of the period before showing a small recovery toward the end. As the week advanced, panamax bulk carrier owners became less willing to follow lower charterer ideas. The Pacific panamax bulk carrier market presented a stronger picture, with demand from Australia, Indonesia, and the wider North Pacific remaining steady. Regular panamax bulk carrier coal movements and continued Pacific panamax bulk carrier market activity helped preserve a healthier tone, while modern and scrubber-fitted ships continued to obtain firmer earnings. Some caution appeared before regional holidays, but overall sentiment stayed constructive, with charterers still active and panamax bulk carrier owners defending rate levels. The Baltic Panamax Index (BPI) P5TC index therefore moved gradually higher, beginning the week at $17,617 on Monday and finishing at $18,018 on Friday.

Ultramax / Supramax Bulk Carrier Market – Baltic Supramax Index (BSI)

The ultramax and supramax bulk carrier market had a largely subdued week, with public holidays in several regions near the end of the period prompting many ultramax and supramax bulk carrier market participants to close positions early. In the Atlantic ultramax and supramax bulk carrier market, conditions were mainly positional. Recent support from the US Gulf (USG) ultramax and supramax bulk carrier market faded, and a slight accumulation of prompt tonnage weighed on charter rates. The East Coast South America (ECSA) ultramax and supramax bulk carrier market stayed closely balanced. A 55K DWT supramax bulk carrier open Turkiye fixed to East Coast India (ECI) at around $18,000. The Asian ultramax and supramax bulk carrier market also lost momentum, affected by slower demand from Indonesia and northern areas. A 63K DWT ultramax bulk carrier open North China fixed to East Africa (EAFR) at around $23,000. A 63K DWT ultramax bulk carrier open Bangladesh via Indonesia fixed to East Coast India (ECI) at around $19,500. Period business in the ultramax and supramax bulk carrier market remained sparse, although a 60K DWT ultramax bulk carrier open Bangladesh was fixed for 13 to 15 months trading with worldwide redelivery at $16,000.

Handysize Bulk Carrier Market – Baltic Handysize Index (BHSI)

The handysize bulk carrier market kept a cautiously positive tone throughout the week, although the foundation of the market remained fragile and heavily influenced by regional supply and demand patterns. Conditions differed sharply by area. The Continent and Mediterranean handysize bulk carrier markets continued to struggle, held back by limited new enquiry and softer handysize bulk carrier charter rates. The US Gulf (USG) and East Coast South America (ECSA) handysize bulk carrier markets received some midweek assistance from better cargo availability, but East Coast South America (ECSA) handysize bulk carrier sentiment weakened later as spot tonnage increased. Reported handysize bulk carrier fixtures included a 36K DWT handysize bulk carrier open South West Passage (SW Pass) via the US Gulf (USG) fixed to Spain at around $17,000. A 37K DWT handysize bulk carrier open Argentina fixed to Turkiye at around $25,000. The Asian handysize bulk carrier market, however, improved as the week progressed. Tighter handysize bulk carrier tonnage availability in Southeast Asia (SEA) and the North Pacific (NOPAC) encouraged charterers to raise bids, helping to support firmer handysize bulk carrier charter rates.

 

 

 

1-May-2026

The Baltic Dry Index (BDI) increased by 44 points to reach 2,730 points. The Baltic Capesize Index (BCI) increased by 120 points to 4,447 points, with average daily earnings for capesize bulk carriers increased by $1,087 to $36,828. The Baltic Panamax Index (BPI) increased by 10 points to 2,002 points, while average daily income for panamax bulk increased by $88 to $18,018. The Baltic Supramax Index (BSI) decreased by 5 points to 1,520 points, with average daily earnings for supramax bulk carriers decreased by $69 to $19,209. The Baltic Handysize Index (BHSI) increased by 1 point to 815 points, as average daily earnings for handysize bulk carriers increased by $10 to $14,666 per day.