Latest publications
The Baltic Capesize Index has averaged 3,862 points so far this year — close to 50% above the 2025 average — and is expected to hold at elevated levels through the remainder of 2026. The BCI closed at 5,336 on 28 August, lifting the August monthly average to 4,786 and around 80% above the 2025 mean.
Dry bulk companies posted strong Q2 2026 results on the back of robust freight markets. Q3 is expected to bring similarly strong TCE prints, though it is worth questioning how long the strength can persist.
Crude tankers are the clear leader in returns YTD, while the second half of the year could still present interesting opportunities across selected segments if investors stay flexible.
Shipping is often treated as a single alternative asset class, but segment-level correlations tell a more useful story. Bulk and tanker segments largely move together, while crude tankers and container liners open up real diversification potential.
Timely updates on what moves the maritime markets, sent straight to your inbox.
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.
