Loading…
The Shanghai Shipping Exchange reported that dry bulk freight rates diverged this week across Capesize, Panamax and Supramax vessels. Capesize rates fell sharply on oversupplied capacity and falling FFA forward contracts, while Panamax and Supramax daily rents rose on coal, grain and steel-related cargo demand.
The Far East Dry Bulk Rent Index retreated 11.6% from the previous period.
Lower Capesize and Far East index rates reduce bulk shipping costs for grain and meal imports into Asia, which can ease landed feed costs, while firmer Panamax rents on grain transport partly offset that relief.
gmteight.comNov 14, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
