The Atlantic Capesize market awakens, while weather in the Pacific could soon become a positive catalyst – In the absence of any major macro developments, the dry bulk market has recently been affected by the normal supply-demand imbalances natural to the shipping sector, where supply of ships sometimes becomes scarce due to scheduling issues.

VLCC spot rates stabilize as slow summer activity takes a toll – The past fortnight has provided little new information on the direction of spot VLCC rates.