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Friday, 29 June 18
SUPRAMAX: INDO / CHINA COAL ROUNDS PAYING AROUND USD HIGH 11000 - FEARNLYS
FearnlyesCapesize
Its been an interesting week with a strong demand for ships out of Brazil, making C3 rates remain around USD 19 pmt said Fearnlys in its latest weekly report. The Pacific on the other hand had a more negative trend, with C5 freight rates breaking USD 7 in the middle of the week. The development is as expected considering the time of the year. Sentiment remains super strong for Q3 and Q4 the reports say.
 
Panamax
According to Fearnlys, after a rough last week the Panamax rates have now flattened more out in both hemispheres. Charterers have been holding off in expectation of softening rates, so the week started slowly with few reported fixtures. Consequently the transatlantic RV rates are down to the mid USD 9k's, while a fronthaul now yields around high USD 17.000's. In the Pacific basin, transpacific rates have been equally pressurised and the RV currently pays low USD 10k's. Both ECSA and Indonesia have been considerably active areas throughout the week, but rates have been slightly weakening here as well.
 
Supramax  
Negative development in the Pacific this week, with rates decreasing on most routes says Fearnlys about Supramax ships. 
 
Nickle ore runs paying in the mid USD 12k, while Australian rounds voyages getting fixed around low/mid USD 11k. Indo/China coal rounds paying around USD high 11k, while similar to WCI is trading around USD 11k.


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Friday, 05 June 20
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Friday, 05 June 20
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Thursday, 04 June 20
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