Strong demand for modern bulk carriers pushes up secondhand prices across most segments
- Limited supply of well-maintained modern bulkers has intensified competition for quality tonnage
- Since the start of 2026 prices of 10-year-old capesize vessels have climbed by nearly 10% and 22% year on year
- Ultramax values have surged by up to 13% since January and 21% when compared to May 2025
Constraints on bulk carrier shipbuilding capacity have shifted buyer interest toward the secondhand market
