Trading in capesize bulkers remains active, but recent deals and market price indices suggest values are continuing to slide for the biggest dry bulk vessels.

At least three sale-and-purchase transactions for capesizes show continued erosion since an upturn in prices peaked in May and June, which was followed by a slump over the summer that has market watchers wondering whether prices will decline further.

Among the latest deals, US bank JP Morgan has sold the 175,000-dwt Aquafortune (built 2011) for $26.5m