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Dry Bulk Capes Freight rates

Capesize rates spike to $45K per day, highest level in two years

  • Baltic Exchange’s C5TC capesize index jumped 16% on Wednesday vs Tuesday, to $44,673 per day, up 201% year on year
  • P5TC panamax index is at $17,032 per day, up 88% year on year
  • S10TC supramax index is at $16,216 per day, up 57% year on year

  • Analysis

The dry bulk shipping market is ending the year on a high note — a far cry from what happened in 2024, when the fourth quarter turned out to be unusually weak

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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