London - Drewry’s AIS data indicate a structural shift in Capesize cargo flows, driven by the rise in bauxite shipments and the gradual retreat in global coal trade on large vessels. These changing patterns are boosting the utilisation of the Capesize segment.

Drewry AIS data shows that Capesize shipping has undergone notable shifts in its commodity mix over the years. Although total Capesize cargo volumes in both 2019 and 2025 stayed broadly similar at over 1.8 billion tonnes, the share of bauxite has steadily increased, while coal’s share has contracted. Iron ore continues to dominate . . .