A weekly round-up of tanker and dry bulk market (Feb 27, 2026)This report is produced by the Baltic Exchange. CapesizeThe week began with renewed optimism, led by a firmer Pacific market as all three major miners returned to the market and operator cargo volumes appeared healthy. The Baltic round trip TCE for the run is now at US$36,100/day. The TC23 30kt Cross UK-Continent route firmed up to WS255 this week (+17.5) which generates US$36,100/day on Baltic TCE round trip. The one-year term edged up US$125 to US$39,250/day, while the three-year rate remained steady at US$60,500/day.

Source: The Edge Markets February 27, 2026 14:15 UTC