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Dry Bulk Market: Capesize Market Had a Volatile Week

Capesize The Capesize market experienced a volatile week marked by sharp swings in sentiment and rates following China’s announcement of new port fees on U.S. linked vessels. Early gains, driven by speculation over potential inefficiencies, quickly reversed as clarity emerged that Chinese-built tonnage would be exempt, triggering a sharp midweek correction. The Pacific market saw …

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DRY BULK QUARTERLY: Asia-Pacific Panamaxes outperform Capesize, Supramax segments in Q3

Dry bulk freight rates in Q3 2025 displayed varied performance across vessel segments compared to the same period in 2024, amid robust seaborne trade volumes, despite ongoing concerns regarding the global macroeconomic outlook This mixed outcome was driven primarily by robust grain movements in the Panamax segment and increased minor bulk shipments on Supramaxes, reflecting …

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Navigating China’s new tonnage tariffs on US-linked shipping

News of China’s recent retaliatory tonnage charges on US-linked vessels has spread through the shipping market like wildfire, marking a significant step in the further escalation of ongoing trade tensions between the US and China. A previous article summarised the report of the International Chamber of Shipping (China) Liaison office on the issue. This article …

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VLCC Tanker Market Improving

Clean LR2 The recent drop in freight levels on MEG LR2’s took pause this week as the market levelled off. The TC1 75kt MEG/Japan index held around the WS105 level all week with the corresponding TCE returns a touch over $20,000/day basis Baltic Description. A voyage west on TC20 90kt MEG/UK-Continent similarly floated either a …

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