Capesize Spot Rates Drop Fast as Inquiry Cools Down – Despite a recent pullback that saw spot Capesize rates drop approximately 10,000 points within days, the fundamental outlook for the dry bulk shipping sector remains resilient, supported by historically high absolute spot market levels and robust cargo volumes.

VLCC Market Reprices Hormuz Risk as Escalation Resumes – What initially appeared to be a period of stabilization following the June 17 ceasefire has shifted back toward renewed geopolitical uncertainty.