Shipping

Transatlantic demand supports dry-bulk rates as Capesize segment turns lower

12 November 2026
2 sources

Strong transatlantic demand and limited prompt tonnage supported selected dry-bulk charter rates, while Capesize earnings eased after a sustained rally.

Transatlantic demand and a shortage of prompt tonnage supported dry-bulk rates in several segments. An 82,000-dwt vessel was fixed at about $18,000 per day for a US East Coast round voyage, while another vessel achieved $22,250 per day for a South Africa–East Coast South America transatlantic trip. In the Pacific, slower North Pacific grain activity resulted in fixtures for 63,000–64,000-dwt ships at roughly $21,000–$27,000 per day.

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