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Tuesday, 01 November 16
PANAMAX : A FAIR AMOUNT OF SIDEWAYS SHIPPING IN RATES - ALLIED SHIPPING
PanamaxCapesize
A very sluggish start to the week, with rates dropping considerably as all optimism seems to have evaporated over the weekend. According to Allied shipping research, the things seemed to have been holding slightly better during the later part of the week, with minimal changes being noted and position lists holding fairly well comparably to what was being seen during Monday and Tuesday. Both basins were seemingly suffering on an equal basis, though it was the Atlantic that noted slightly bigger losses this week.

Panamax
Commenting on Panamax, Allied analyst says, a fair amount of sideways shipping in rates, with most owners taking a cautious outlook with regards to the prospects being seen for the next couple of days. The Atlantic was holding slightly better but with minimal activity being seen it looks as though support here might be dropping. In the East it looked as though things would be holding positive, however during the end of the week we started  to note a downward trend that could amplify further over the coming days.

Supramax
A fair run this week, with activity in the Atlantic helping keep things busy overall, Allied noted in its latest weekly report. The US Gulf and parts of South America were seeing a fair amount of interest helping keep things clear in terms of position lists there. In the Pacific we noted a slip in inquiries, which left owners with little support and with rates noting a slight downward correction.

Handysize
A fairly flat week in the Pacific with slight corrections being seen for both the Transpacific and Far East routes says Allied.

The Atlantic helped cover the difference however, with ample interest being seen in the North Atlantic and parts of the Black Sea/Med, while it may allow for improved confidence moving forward allied concluded for Handy size ships.


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Recent News

Thursday, 15 September 16
CAPESIZE: LAST WEEK ENDED ON A VERY STRONG NOTE MAINLY DRIVEN BY A ACTIVE BRAZIL MARKET - FEARNLYS
Supramax With holidays in the eastern hemisphere beginning this week, the sentiment and activity level has been decreasing. In the Pacific, ...


Wednesday, 14 September 16
THE DRY BULK MARKET REACHED LEVELS LAST SEEN BACK IN 2015 - INTERMODAL
In an earlier column we commented that we are undergoing “shipping’s new (ab)normal” with constrained financing, shift in demand ...


Wednesday, 14 September 16
THE PORT OF NEWCASTLE SHIPPED 12.48 MMT OF COAL IN AUGUST; AVERAGE SELLING PRICE WAS $AU 83.33
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU $1,040.4 ...


Tuesday, 13 September 16
CAPESIZE: BIG STRENGTH SEEN IN THE MARKET THIS WEEK - ALLIED
Capesize - Big strength seen in the market this week, with an upbeat in sentiment amongst owners helping pull up rates fairly quickly and many hold ...


Monday, 12 September 16
THE CAPE MARKET HAS GAINS ON WEEK; THE CAPE INDEX SETTLING AT 1566 POINTS ON FRIDAY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week. The BD ...


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