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Tuesday, 02 October 18
PANAMAX: A FURTHER RISE ACROSS ALL MAIN ROUTES THIS WEEK - ALLIED
AlliedCapesize
Finally an upward recovery was in sight in the spot market the past few days, after the prolonged negative pressure noted the weeks prior says Allied research team in it latest report. Given that we are entering the final quarter of the year, most market participants remain firm and expect higher rates to follow in the weeks to come, despite the fact that overall activity seems curbed for the time being. With Atlantic RV taking the lead, witnessing a rise in the region of 50%, it is yet to be seen if the other main routes will move in line, boosting the overall segment further.
 
Panamax
According to Allied shipping latest shipping report, a further rise across all main routes this week, with the BPI climbing to 1,695 basis points. With a balanced activity noted in both the Atlantic and Pacific basins, the market seems to be on a stable upward trajectory at this point. The disruptions from the holidays in the East are fading away now, while it will be of main interest how the period charter activity will move over the coming weeks.
 
Supramax
Commenting on Supramax, Allied research team says, things also moved on the positive side this past week, influenced by the bullish attitude of the bigger size segments. With a rising demand coming from key regions (US Gulf, Mediterranean), the market witnessed further gains, remaining firm for the time being. At the same time the Pacific seemed to be slowly showing new signs of life, possibly helping boost things further.
 
Handysize
For yet another consecutive week, the market moved on an upward trending trajectory. Though most routes felt only a minor increase and things moved sideways in the Pacific, strong gains in the US Gulf and ECSA help drive things forward and allowed for a fair amount of positive support to be seen. 


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Recent News

Saturday, 20 October 18
PANAMAX: THE PACIFIC SAW A LARGE VOLUME OF FIXING, WITH INDONESIA AGAIN THE DRIVING FORCE - THE BALTIC BRIEFING
Capesize A positive end to last week after a shaky start, with a Coaltrans taking participants out of the market early on and with rates slippi ...


Thursday, 18 October 18
SUPRAMAX: INDO/WC INDIA SUPRAS ARE FIXING AROUND MID $14000S P/D BASIS SPORE DELIVERY
Capesize The volatile Cape market continues this week, especially in the Pacific says Fearnleys in its latest weekly report.    ...


Thursday, 18 October 18
COAL SHORTAGE HITS POWER SECTOR AGAIN; HOW INDIA CAN GET ITS PRODUCTION RIGHT - ANIL SWARUP
By convincing states of the value proposition of increased production, the record production of Fy15 & Fy16 can be emulated.   The ...


Thursday, 18 October 18
CHINA POWER REFORM NEUTRAL ON GRIDS, PRESSURES IPP MARGINS - FITCH RATINGS
China's power sector reform has a broadly neutral impact on transmission grids although it will pressure the power producers' margins, says ...


Wednesday, 17 October 18
ESCROW SERVICE FOR BALTIC MEMBERS NOW LIVE
The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is ...


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