Capesize bulkers are slowly regaining value after a sharp fall in asset prices during the first half of 2020, while valuations for the rest of the sector remain flat.

The large bulkers were worth about $33.7m on average in January before falling to a low of $30.5m on 5 June, according to Baltic Exchange assessments.

Their average worth has gradually climbed to $32m since then, but the smaller dry bulk vessel values have moved sideways for at least the past two months.