Global Market Turmoil Sours Dry Bulk Sentiment – Following the recent tariff announcements by the U.S. administration and the resulting volatility in global markets, sentiment in the dry bulk sector has also been affected, leading to a softening in spot rates—most notably in the key Capesize segment.

Trade Tensions Affect VLCC Sentiment – The VLCC market entered April on a mixed note, with regional dynamics reflecting a combination of transient strength and underlying caution.