# The 2025 outlook for Dry Bulk and Tanker markets  — Breakwave Advisors

> Analysts at the Breakwave Day 2024 event expect 2025 to be a year of contrasts in dry bulk. They forecast higher Capesize rates on low fleet growth and iron ore, coal and bauxite demand, while Panamax and smaller segments face headwinds.

- Date: 2025-01-27 · published 2025-01-27T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/26708-the-2025-outlook-for-dry-bulk-and-tanker-markets-breakwave-advisors
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Weaker Panamax rates are relevant to grain freight costs, since Panamaxes carry much of the grain trade, while Capesize strength would not directly move grain shipping.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2025/1/27/the-2025-outlook-for-dry-bulk-and-tanker-markets

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.