# Is dry bulk shipping’s strange Q1 a sign of strength to come?

> Handysize, supramax and panamax vessels are earning more per day than capesizes, an unusual inversion in Q1 2021. A capesize was booked for a grain cargo, which Breakwave Advisors said rarely happens. Dry bulk equities rallied strongly year to date.

- Date: 2021-03-02 · published 2021-03-02T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/48324-is-dry-bulk-shipping-s-strange-q1-a-sign-of-strength-to-come
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

The rate inversion shows tight supply for smaller bulkers that carry most grain, pushing up freight costs for feed grain exports. Analysts see tightness continuing as seasonal headwinds ease.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- freightwaves.com: https://freightwaves.com/news/is-dry-bulk-shippings-strange-q1-a-sign-of-strength-to-come

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