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Thursday, 06 December 18
IN THE EAST, BIGGER SUPRA WAS FIXED CA US$ 10K FOR INDO-CHINA COAL ROUND - FEARNLEYS
FearnleysCapesize
There is cautious optimism for the Capes, with healthier volumes and improving rates in the Pacific. West Australia round is gradually improving, and an index linked ship gets in the low 18,000s for a Pacific round says Fearnleys in its latest report. Iron ore out of Brazil is also gradually becoming more active and we see some potential for improved rates for the remainder of December. Period interest is increasing after a relatively long period with generally few period fixtures concluded. 
 
Panamax
According to Fearnleys, a mixed week with slow growth of rates in both basins for Panamax sector. An Atlantic round voyage currently yields around mid USD 13,000's, while short front hauls now pay around USD 20,000's. In the Pacific, Fearnleys says, rates have been increasing the most, where a round voyage now pay ship owners around USD 9300. Overall, the BPI 4TC-index is up 28 points since last week, now positioned at 1472 points.
 
Supramax
Less activity from B. Sea but firmer breeze from USG. An Ultra to Med with Petcoke was fixed at ca 24k and similar with coal to Egypt at 22k Supra from USG to Skaw still covered at low 20s said Fearnleys. 
 
Fearnleys further noted, Bauxite run from ECSA to Med concluded close to USD 20k. Supra open ARAG fixed at ca USD 17k to SE ASIA with fertilizer. On period front, an Ultra was fixed close to 17k for 4/6 mos bss del USG, redel Atl. In the East, bigger Supra was fixed ca USD 10k for Indo-China coal round. A trip from South Africa to China could see ca USD 12500+bb at 200k. Ultra covered at USD 15k for a trip to China with salt. Trip with clinker from Vietnam to Bangladesh was sealed at USD 11k. Nickel ore round via Philippines was covered at ca USD 8250.


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Tuesday, 25 December 18
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Monday, 24 December 18
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The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Pa ...


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