# Big ships snag unusual cargoes as dry-bulk market tightens | Air Freight News

> Bloomberg reports that capesize vessels are now carrying logs from Uruguay and grain from Brazil, cargoes normally moved on smaller ships. Dry-bulk freight has averaged about $18,000 a day this year, roughly 40% above the 2020 mean.

- Date: 2021-03-24 · published 2021-03-24T12:00:00.000Z
- Category: logistics · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/48318-big-ships-snag-unusual-cargoes-as-dry-bulk-market-tightens-air-freight-news
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Tight dry-bulk supply and rising grain and iron ore exports from Brazil keep ocean freight elevated, adding to landed costs for feed importers. New vessel orders near historic lows suggest the tightness may persist into 2022.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- airfreight.news: https://airfreight.news/articles/full/big-ships-snag-unusual-cargoes-as-dry-bulk-market-tightens

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