3Q26 TRADING UPDATE 15 OCTOBER 2026 #WithYouForTheLongHaul DELIVERING MORE IN A CONTINUED STRONG MARKET | Key Highlights | US$$ | Handysize | Supramax | | --- | --- | --- | --- | | ▪ Freight market remained resilient, with 3Q 2026 BHSI +27% and BSI +28% YoY | 3Q 2026 Average daily TCE earnings | $$16,020 | $17,990 | | | | (+37% YoY) | (+34% YoY) | | ▪ Disruptions persist across key shipping routes and chokepoints, including the | Outperformance vs market index(1) | vs. BHSI 38k dwt ton adj | vs. BSI 58k dwt | ...