# Dry Bulk Shipping: No Room For Newbuilds

> BIMCO analysis reports Handysize, Supramax and Panamax freight rates up 25-27 percent year over year in the first four months of 2018. Capesize rates rose only 5 percent and remained below break-even at $12,660 per day, with weak Q1 iron ore sales dragging capesize earnings.

- Date: 2018-06-01 · published 2018-06-01T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/64706-dry-bulk-shipping-no-room-for-newbuilds
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger panamax and supramax earnings raise the cost of shipping grain and feed ingredients, supporting delivered feed prices. The article is a retrospective analysis with limited immediate price impact.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- marinelink.com: https://www.marinelink.com/news/dry-bulk-shipping-room-newbuilds-438144

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