Dry Bulk Analysis – Week 14 2026
Capesize average earnings were $24,488/day, up 2.1% w o w, with the BCI up 1.8% to 3,086. Panamax average earnings were $16,056/day, up 1.6%, with the BPI up 1.6% to 1,784. Supramax average earnings were $13,442/day, up 1.8%, with the BSI up 1.5% to 1,224. Handysize average earnings were $12,508/day, down 2.6%, with the BHSI down 2.5% to 695.
Dry Atlantic Analysis – Week 14 2026
Capesize Brazil and West Africa to China held firm with C3 (Brazil and West Africa/China) at $30.2/ton and a 175,000 dwt fixed Freetown to Qingdao at around $30/ton.
Panamax improved modestly on ECSA support and better fronthaul interest, with an 82,000 dwt fixed delivery Ghent via NC South America redelivery China at $23,500/day.
Supramax stayed mixed, with the Continent and Mediterranean under pressure and the US Gulf softer, while a 66,000 dwt fixed delivery West Africa via South America redelivery South East Asia at $17,000/day plus a $500,000 ballast bonus.
Handysize remained soft in the Atlantic, with a 34,000 dwt fixed US Gulf to East Coast Mexico at around $15,000/day.
Dry Pacific Analysis – Week 14 2026
Capesize remained supported by measured miner activity with C5 (West Australia/China) at $11.6/ton and a 210,000 dwt fixed West Australia to China in the high $11s/ton.
Panamax stayed under pressure on a longer tonnage list and limited fresh enquiry, with an 84,700 dwt fixed delivery Samchok via NoPac redelivery Singapore Japan at $18,250/day.
Supramax remained subdued with support mainly from the North, with a 55,000 dwt fixed open North China via NoPac to South Korea at $14,650/day.
Handysize conditions in the Pacific stayed relatively healthy but largely unchanged, with a 42,000 dwt open South Korea fixed via Japan to Malaysia at around $13,500/day.
Wet Atlantic Analysis – Week 14 2026
VLCC held support in the Atlantic with TD15 (West Africa/China) at $139,000/day alongside US Gulf to China indicated in the mid $20m range.
Suezmax remained firm with TD20 (Nigeria/UK Continent) at $176,600/day and TD27 (Guyana/ARA) at $177,000/day.
Aframax stayed elevated with TD25 (US Gulf/UK Continent) at $224,800/day, TD26 (East Coast Mexico/US Gulf) at $345,100/day, and TD19 (Cross Med) assessed at $285,700/day.
LR held firm with TC20 (MEG/UK Continent) at $103,700/day.
MR remained supported with TC21 (US Gulf/Caribs) at $107,900/day and TC2 (Continent/US Atlantic Coast) at $32,700/day.
Wet Pacific Analysis – Week 14 2026
VLCC eased in the MEG with TD3C (MEG/China) at $348,000/day and the alternative TD34 (Gulf of Oman/China) highlighted as Hormuz transits remain restricted.
Suezmax opportunities East of Suez remained limited, keeping rates highly sensitive to disruption and competition from larger sizes.
LR stayed supported with TC1 (MEG/Japan) at $119,500/day and TC5 (MEG/Japan) at $85,000/day.
MR was firm with TC7 (Singapore/East Coast Australia) assessed at $31,500/day.
Sale & Purchase Market Analysis - Week 14 2026
Over the past twelve months, Greek interests remained the leading sellers with 317 vessels sold across sectors, versus 150 sales by Chinese sellers. On the buying side, China ranked first with 215 purchases and Greece followed with 207 purchases.
This post provides a high-level overview of the India LPG supply crisis, Hormuz disruption impacts, and freight market dynamics.
The full Allied QuantumSea Weekly Market Report – Week 14 includes:
· In-depth analysis of India’s LPG supply pressure and reliance on replacement cargoes
· Geopolitical disruption impacts on Gulf shipping, freight risk, and tanker availability
· Detailed dry bulk and tanker earnings tables across all vessel classes
· Atlantic & Pacific route-level freight analysis with fixture benchmarks
· Bunker price fluctuations and their effect on shipping costs
· Baltic indices, TCE calculations & historical performance comparisons
· Secondhand S&P transactions, buyer–seller positioning & asset value trends
· Recycling activity and scrap pricing indicators
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