TCE tracker — full firm overview
The Core dry bulk universe, tracked quarter over quarter. Latest reported TCE alongside Q1 2026 comparison, growth deltas anchored to Q1 2026, and the composite cycle history.
| Firm | Fleet focus | Category | Latest TCE (Q2 2026) | Q1 2026 TCE | Quarter on quarter (Q1 2026) | Year on year (Q1 2026) |
|---|---|---|---|---|---|---|
TCE composite | Median across Core universe | Composite | — | — | -3.6% | +48.7% |
HSHPHimalaya Shipping | Capesize | Major | $50,600/day | $32,300/day | +11.9% | +53.1% |
KCCKlaveness Combination Carriers | CABU | Major | — | $33,432/day | +14.0% | +49.2% |
SHIPSeanergy Maritime | Capesize | Major | $32,355/day | $24,219/day | -9.0% | +80.7% |
20202020 Bulkers | Capesize | Major | — | $26,700/day | -32.1% | +40.5% |
SBLKStar Bulk Carriers | Capesize | Major | $24,486/day | $18,493/day | -2.7% | +48.7% |
GNKGenco Shipping | Capesize | Major | $24,273/day | $19,346/day | -3.6% | +62.8% |
SBSafe Bulkers | Panamax | Major | $20,642/day | $17,095/day | +0.3% | +16.6% |
EDRYEuroDry | Panamax | Minor | $20,398/day | $14,416/day | -11.4% | +101.1% |
USEAUnited Maritime | Capesize | Major | $18,654/day | $15,591/day | +10.3% | +56.6% |
PANLPangaea Logistics | Panamax | Minor | $18,153/day | $15,252/day | -14.2% | +33.9% |
DSXDiana Shipping | Capesize | Major | $16,581/day | $16,035/day | +4.1% | +1.9% |
CTRMCastor Maritime | Panamax | Minor | — | $14,926/day | +3.3% | — |
TTAThoresen Thai Agencies | Supramax | Minor | — | $14,108/day | -13.9% | +33.5% |
2343Pacific Basin Shipping | Supramax | Minor | — | $12,973/day | +1.0% | +12.8% |
PSLPrecious Shipping | Supramax | Minor | — | $12,528/day | -12.4% | +45.0% |
Tidewake TCE composite
Quarterly-rebalanced median of reported TCE across the Core dry bulk universe, indexed to 100 at Q1 2023.
- Dry bulk TCE composite
Source: Tidewake.io
Note: Best-estimate reconstructions from public filings. Figures are provided in good faith and may contain discrepancies against original reporting.
Q1 2026 TCE lineup
Absolute reported TCE per firm, coloured by major vs minor bulk exposure.
- Major bulk
- Minor bulk
Hover a bar to see the firm and fleet focus.
Source: Tidewake.io
Note: Best-estimate reconstructions from public filings. Figures are provided in good faith and may contain discrepancies against original reporting.
The material on this site is published for information purposes only. It does not constitute investment, legal, tax or accounting advice, nor a recommendation to buy or sell any security. Figures are drawn from public filings and third-party feeds and may contain errors or omissions. Tidewake makes no warranty as to the accuracy or completeness of the information and accepts no liability for any loss or damage arising from reliance on it. Readers should conduct their own due diligence before acting on anything they find here.