Affinity Dry Cargo Weekly 19 June 2026

Capesize sentiment weakened with the BCI 5TC declining to USD 35,471 amidst limited activity and pressures in both basins. The Atlantic experienced reduced fixing and lower rates, while the Pacific showed stabilization due to increased miner activity. In contrast, Panamax rates dipped significantly, reflecting a split with strong Atlantic indices but weak Pacific market pressures. The Supramax sector demonstrated continued growth, particularly in the US Gulf, driven by tighter tonnage and rising demand, while Handysize rates remained steady, closing the week positively amid healthy period activity. Overall, the market exhibited Atlantic strength against a backdrop of Pacific softness, with adjustments in response to supply disruptions, particularly in coal dynamics stemming from geopolitical influences and local mining incidents in China.