Supramax bulk carriers have been the stars of the show so far during 2022, with spot rates over one-third higher today than they were a week ago.

Average supramax time-charter equivalent earnings were assessed by Baltic Exchange panellists at $24,508 per day on Monday, more than any of the other main bulker segments.

This is more than $10,000 per day above the level seen at this point in 2021, according to analysis by shipbroking giant Simpson Spence Young (SSY).