Dry bulk
Baltic Dry Index (BDI)
Broad sentiment across Capesize, Panamax, and Supramax earnings. Useful as a directional read on dry freight pressure — not a single-route freight rate.
Market insights
What we watch across the dry market
Educational market context for owners, charterers, and traders — not live trading prices. Reviewed periodically as part of how we stay commercially current.
Last reviewed · August 2026 · Singapore
Disclaimer: Figures and commentary on this page are for general commercial awareness only. They are not live quotes, investment advice, or fixture commitments. Always confirm current market levels with your broker before fixing.
Watchlist
Indices & cost drivers
Minerals
Iron Ore Index
Iron ore demand and China steel activity often shape Capesize and large mineral voyages from Australia, Brazil, and Atlantic origins.
Energy cargo
Coal routes
Australia–Asia, Indonesia–India/China, and Atlantic coal stems remain core employment for Panamax and Capesize fleets depending on cargo size.
Agriculture
Grain routes
US Gulf, Black Sea, South America, and Australia grain programmes drive Handysize through Panamax employment and seasonal laycans.
Voyage cost
Bunker prices
VLSFO and MGO levels affect voyage economics, speed decisions, and net freight. Singapore remains a key bunkering reference in Asia.
Operations
Port congestion
Berth queues, weather, and draft windows influence demurrage risk and schedule reliability — critical before agreeing laytime terms.
Corridor notes
Trade lanes in focus
Illustrative corridors we discuss regularly with clients — not an exhaustive sailing schedule.
Asia ↔ Australia mineral trades
Iron ore and coal programmes supporting Capesize and Panamax employment into East Asia.
Indonesia / SE Asia regional stems
Coal, nickel-related, and intra-Asia parcels for Handy through Ultramax tonnage.
Middle East & Indian Ocean approaches
Project, bulk, and Gulf-linked employment with Singapore as a commercial coordination hub.
Atlantic & Med grain / coal swings
Seasonal grain and energy cargoes influencing Panamax and Handyballast decisions.
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