Time-charter and voyage rates in the dry bulk market have surged in recent days, driven by longer trade routes, geopolitical disruptions and weather-related delays. In the Atlantic, Kamsarmax tonnage is fixing at around 21,000–23,000 USD per day, while Supramax grain runs from the US Gulf to China and Egypt are achieving 31,000–32,000 USD per day, and the Baltic Exchange Capesize 5TC recently climbed above 54,000 USD daily. Analysts link the spike to tonnage dislocation, strong grain and coal demand, and vessels diverting away from risk-prone regions.
The dry bulk freight market has seen one of its sharpest rate rallies of the year over the past days. According to market analysis by Xclusiv Shipbrokers, a Kamsarmax of about 83,000 dwt was fixed in the Atlantic for a voyage from the US East Coast to Poland at 23,000 USD per day, while another 81,000 dwt vessel secured a round voyage in the Atlantic at 21,250 USD per day. In the Supramax segment out of the US Gulf’s South West Pass, a 63,000 dwt vessel obtained 31,000 USD per day for a grain voyage to China, and a 61,000 dwt ship earned 32,000 USD per day for a run to Egypt. The Baltic Exchange Capesize 5TC benchmark had reached around 54,791 USD per day in early September, highlighting tightness in the large bulk carrier fleet.
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