The shipping industry has seen significant movements this week. The Capesize index dropped to 26,897, down by 466 points, with FFAs ending up 2.5%. The weekly HARPEX index decreased by 20 points to 1943, with slight decreases in smaller vessels and no changes in vessels 3500 TEU and greater. Midsize crude tankers experienced substantial gains, with TD25 rates from the US Gulf to Europe rising by 241% to $56,743/day, TD26 rates from East Coast Mexico to the US Gulf increasing by 303% to $66,875/day, and TD20 rates from West Africa to Europe up by 70% to $41,209/day. Additionally, Seaways Endeavor, a 2023 VLCC, is set to ballast to the US Gulf to load a cargo for Stasco after discharging in Rotterdam next week, with an estimated day rate of $75,526/day for 85 days. The Capesize index earlier stood at 27,363, down by 824 points. Seaways Endeavor's TCE was USD 50K for 117 days and USD 76K for 85 days.