Capesize rates managed to decrease by only $22 today. Demand for capesize vessels to export iron ore cargoes has been strong recently, which has allowed capesize rates to finally be able to become close to finding support as has been expected. Supramax and handysize rates have continued to find support as mineral and minor bulk cargo trade has stayed firm. Today in particular saw a large amount of petcoke, timber, and steel cargoes surface in the market. Panamax rates have remained under a moderate amount of pressure, however, as the panamax market continues to see the most amount of fleet growth out of all four of the dry bulk vessel classes.