Dry Bulk Market: Capesizes End the Week on Firm Note in Dry Bulk Market , International Shipping News 06/07/2026 C apesize The market staged an impressive recovery over the course of the week, reversing Monday’s subdued sentiment to finish on a firmly bullish note. What began with thin cargo volumes, cautious trading and limited miner participation gradually evolved into a broad-based rally, underpinned by improving activity and growing owner confidence across both the Pacific and Atlantic basins. In the Pacific, the return of the major miners proved instrumental in shifting market momentum. While early-week trading remained rangebound, increased cargo enquiry and stronger operator participation steadily lifted C5 rates from the very low $10s, with successive fixtures concluded at progressively higher levels as the week advanced, reaching around $12.30 by week’s end. The Atlantic also gathered momentum, with the South Brazil and West Africa markets strengthening progressively as C3 fixtures moved from the high $27s to test, and in some cases exceed, the $30 mark. Owners became increasingly confident, pushing offers higher as charterers competed for available tonnage, while firmer pricing for forward laycans reinforced expectations of continued strength. Although North Atlantic activity remained relatively selective, improving demand on both transatlantic and front-haul routes contributed to firmer sentiment. The BCI 182 5TC gained just over $5,000 across the week to close at $37,181. Panamax-Kamsarmax The Atlantic and Pacific markets strengthened throughout the week, with the P5TC rising steadily. In the Atlantic, tight prompt tonnage in the North Continent and West Mediterranean underpinned rates, with an 82,000-dwt fixing a grains transatlantic round at $22,750 and a 78,000-dwt achieving $28,750 earlier in the week for a US East Coast to India trip. East Coast South America trips to the Far East experienced a two-tier market, with July-loading cargoes commanding a