World Economy

Capesize Rates Hit Two-Year Peak as Weather Disrupts Vessel Supply

Dry bulk shipping rates have climbed to their highest levels in two years, driven by adverse weather and surging export demand. The tightening of Capesize vessel supply reflects these pressures as shippers accelerate deliveries. Analysts warn the surge could extend further if weather disruptions persist. Rising fuel costs continue to pressure carriers across multiple segments, while trucking linehaul rates have also remained elevated near seasonal highs despite softer shipment volumes in recent weeks.