Key facts
- Dry bulk Capesize rates decreased by approximately 1%.
- Dry bulk Panamax rates decreased by approximately 2%.
- VLCC tanker rates increased by approximately 5%.
- Suezmax tanker rates remained flat.
Freight futures saw mixed movements in the dry bulk and tanker segments. Capesize and Panamax rates in the dry bulk sector experienced declines of about 1% and 2%, respectively. Meanwhile, the tanker market saw a notable increase in VLCC rates, up by approximately 5%, while Suezmax rates held steady.