Americas Report 05 November 2026

Dry cargo rates in the West Coast South America (WCSA) market experienced a downward trend this week amid subdued activity influenced by local events in Peru and Hamburg, with Handysize rates declining alongside a slight softening in the Supramax-Ultramax segment. Looking ahead, the potential demand boost in the second half of November could elevate conditions, particularly if activity picks up from ECSA and NOPAC, though the prevailing situation suggests a sideways movement if support is lacking.