Minor rebound in Pacific Capesizes (22 Oct 2025)

pacific capesize bulkerThe larger Capesizes have seen a considerable im­provement in Pacific-based round voyage rates with as much as US$ 33,000 daily now readily fixable on vessels of 182,000 dwt based on S.China delivery. This is some US$ 2,000 higher than similar business done at the end of last week with a steady recovery in inquiry levels helping owners to pursue substan­tial premiums over last-done levels. Such vessels are having to settle for slightly higher than last-done in the Atlantic with TARVs now in the US$ 27,000s. (For news & updates on dry bulk shipbroking, subscribe to the BMTI Daily Report.)

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