Shipping

Weekly Dry Bulk and Tanker Time Charter Rates Rise as of April 1

31 March 2026
4 sources

Baltic Exchange reported increases in dry bulk and tanker time charter rates on April 1, 2026. Capesize and Panamax bulkers saw gains of 3-7%, with VLCC tankers also up moderately. Market resilience persists despite seasonal softness.

The Baltic Exchange issued weekly time charter estimates for dry bulk and tankers as of April 1, 2026, showing upward movement. Capesize rates rose 5-7% on key routes, Panamax and Supramax gained 3-5%, while Handysize held steady. Tanker rates for VLCC and Suezmax edged higher amid Asian demand.

Share this article

Related news

Shipping
20 Oct

HMM orders eight LNG dual-fuel container ships from South Korean yards

HMM has ordered eight 13,000-TEU LNG dual-fuel container ships in a contract worth about $1.4 billion. HD Hyundai yards will build the vessels, with deliveries scheduled sequentially through 2029.

3 sources
Shipping
20 Oct

Oil freight costs surge as Hormuz crisis tightens tanker availability

Global oil shipping costs have risen to about $20 per barrel, while Middle East routes have reached roughly $35 per barrel amid security risks and disrupted tanker flows.

2 sources
Shipping
19 Oct

HMM Orders Eight LNG Dual-Fuel Boxships from HD Hyundai for $1.42 Billion

South Korean carrier HMM has ordered eight 13,000-TEU LNG dual-fuel container ships from HD Hyundai. The vessels will be delivered in stages through 2029 under a contract worth about $1.42 billion.

5 sources