Dry Bulk Market: Capesizes Faced a Challenging Week in International Shipping News 15/06/2026 C apesize The market endured a challenging week, with sentiment deteriorating steadily as limited enquiry and a lack of sustained cargo volume weighed on both basins. The BCI 182 5TC fell from $42,798 at the start of the week to $37,251 by the close, representing a significant erosion of earnings and underscoring the loss of momentum from the stronger levels seen in late May. The Pacific remained the primary source of weakness throughout the week. Early pressure stemmed from notably light miner participation, with only sporadic activity from the majors. Although all three miners returned to the market later in the week, the increase in activity was insufficient to prevent further declines as cargo volumes remained inadequate relative to available tonnage. As a result, C5 slipped below the $11 mark by week’s end. In the Atlantic, conditions were relatively more balanced but lacked the strength needed to offset Pacific weakness. The South Brazil and West Africa to China market softened during the first half of the week before stabilising, with C3 fixtures recovering into the high-$35s to $36 range before easing back to $35.50 by the close. The North Atlantic provided occasional support through fresh fronthaul demand and a handful of stronger fixtures, though overall activity remained subdued. Panamax-Kamsarmax The week began on a subdued note across both basins, with the Atlantic largely steady and the Pacific under pressure amid limited demand and a growing tonnage list. Early weakness in the Pacific saw rates slip with an 81,000-dwt open North China fixing a Pacific round at $19,500, while the Atlantic experienced minimal fixture activity and wide bid-offer spreads. By midweek sentiment in the Atlantic improved, supported by stronger fronthaul enquiry, tightening prompt supply, and increased flexibility from charterers allowing rates to edge higher. Towards the end of the w