Dry Bulk Market Report: Capes Under Significant Pressure as Smaller Segments Remain Relatively Stable

By Iakovos (Jack) Archontakis
Senior Maritime Strategy Consultant-Chartering Executive & TMC Shipping Commercial Director

and

Dr Fotios-Evangelos Karlis
Maritime Executive & Shipping Consultant

The dry bulk market experienced a fresh downturn this week compared with the previous week, primarily driven by a significant decline in Capesize rates, which recorded double-digit losses. In contrast, the smaller vessel segments remained broadly at similar levels, with only marginal fluctuations.

PPA S.A. Receives Special Award Marking 10 Years Since COSCO SHIPPING Joined Its Shareholding Structure Award presented at the 9th Infrastructure and Transport Conference ITC 2026

A significant milestone in the history of Piraeus Port Authority S.A. (PPA S.A.) and the development of the Port of Piraeus was commemorated at the 9th Infrastructure and Transport Conference ITC 2026, with the presentation of a Special Award marking 10 years since COSCO SHIPPING joined PPA S.A.’s shareholding structure.

Dry Bulk Supply: Heavier Deliveries, but Ageing Fleet Offers a Buffer

Dry bulk supply growth has remained relatively manageable over the past three years, but the market is now moving into a more challenging phase as the orderbook expands and the delivery schedule becomes heavier.

Firm Hulls, Selective Wind: The Dry Bulk Market Enters October on Uneven Ground

Ultramax & Handysize | Week ending 2 October 2026

Iakovos (Jack) Archontakis

Senior Maritime Strategy Consultant – Chartering Executive & TMC Shipping Commercial Director

The dry bulk market closes the week in a position that is firm in places, softer in others, but far from directionless.

Capes Drag the Dry Bulk Market Lower

By Iakovos (Jack) Archontakis
Senior Maritime Strategy Consultant-Chartering Executive & TMC Shipping Commercial Director

and

Dr Fotios-Evangelos Karlis
Maritime Executive & Shipping Consultant

The dry bulk market lost ground this week, with the downturn edging close to double-digit territory compared with the previous week, largely on the back of the sharp retreat in the Capes.

Celestyal at the 9th Infrastructure & Transport Conference ITC 2026: Greece at the heart of the company’s DNA – new destinations and a call for greater stability in cruise policy

With a strong operational footprint in Greece, an expanding Mediterranean network and a clear call for a stable, long-term framework to support the development of the cruise sector, Celestyal participated in the 9th Infrastructure & Transport Conference (ITC 2026), held in Athens from 28 to 30 September.