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Market Notes from the Marcenta Desk

Daily commentary on the trades we work, with the indices and bunker prices behind it.

Live market

Indices and Bunkers

Baltic Indices

  • BDI2,648
  • Capesize (BCI)3,963
  • Panamax (BPI)1,874
  • Supramax (BSI)1,856
  • Handysize (BHSI)1,014

Bunkers, $/Mt

  • VLSFO Singapore$1,003.50
  • VLSFO Rotterdam$763.50
  • VLSFO Piraeus$867.00
  • VLSFO Fujairah$991.50
  • MDO Singapore$1,263.00
  • MDO Rotterdam$1,402.50
  • MDO Piraeus$1,559.00
  • MDO Fujairah$1,692.50

Capesize Routes

  • C3 Tubarão–Qingdao~$36.8/mt
  • C5 W. Australia–Qingdao~$15.0/mt

Baltic 2 Nov 2026 (last close) · Bunkers 2 Nov 2026

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Daily Analysis

The ECSA Round Trip Only Pays in One Direction — 03.11.2026

Handysize earnings out of East Coast South America are running roughly three times what owners get on the way back. Tonnage positioning, not grain volumes, is the real story on this route.

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Newcastle Queues Triple as Capesize Pulls Away From Panamax — 02.11.2026

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Broker Defteri: The Subject That Lets a Charterer Hold Two Ships at Once — 31.10.2026

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Weekly Close: the Index Hid a Split Market — 30.10.2026

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