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News in English

Capes Lead the Dry Bulk Market’s Recovery as Freight Rates Regain Momentum

0bulk carrierBy Iakovos (Jack) Archontakis
Senior Maritime Strategy Consultant-Chartering Executive & TMC MARITIME Commercial Director

and

Dr Fotios-Evangelos Karlis

Maritime Executive & Shipping Consultant

The dry bulk market showed signs of recovery over the past week compared with the preceding period, with Capes taking centre stage and providing the principal impetus for the broader improvement.

Navigating a selective market: Freight resilience, regional imbalances and the road ahead

0bulk carriers25Weekly Market Report & Forward Outlook | Ultramax & Handysize | Week ending 23 October 2026

By Iakovos (Jack) Archontakis
Senior Maritime Strategy Consultant-Chartering Executive & TMC MARITIME  Commercial Director

Executive overview — A market of two currents

The dry bulk market presented a mixed picture this week, with resilient earnings in several regions contrasting with emerging weakness across parts of the Atlantic.

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

0Corfu event 3 SmallOn Wednesday, 21 October 2026, MSC Group’s Cruise Division hosted the event “Shaping the Future of Cruise Tourism in Greece” on board MSC Armonia in the port of Corfu.

Product Tankers: Less Cargo, Higher Earnings – The Market Paradox

0Tanker deckThe product tanker market has experienced an extraordinary freight rally between early August and mid-October 2026, despite a significant contraction in global refined petroleum product trade.

Career day at sea: University of Patras students discover the world of cruising aboard MSC FANTASIA

0Career Day1Around 70 students and faculty members from the Department of Tourism Management of the University of Patras visited MSC Fantasia at the port of Piraeus on Thursday, 15 October.

Celestyal announces new onboard offering for Western Mediterranean sailings

0Entertainment SmallCelestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean season, featuring new shows, regionally inspired menus and destination-focused activities.

The Giants Lose Ground: Another Week of Losses in the Dry Bulk Market

0Bulk2By Iakovos (Jack) Archontakis
Senior Maritime Strategy Consultant-Chartering Executive & TMC Shipping Commercial Director

and

Dr Fotios-Evangelos Karlis

Maritime Executive & Shipping Consultant

The dry bulk market sailed into another week of declining rates, with the steep retreat of Capesize vessels weighing heavily on overall performance, while Panamax-sized tonnage followed suit, albeit with more contained, single-digit weekly losses.

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