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SHIPPING TERMSLatest BMTI Blog Entry…
- USG delivery bullish for Handysizes (11 Jun 2025)
Flatter rate motion describes most Handysize trends going into the middle of the month, though hopes are still being ignited by the USG, where rates to NCSA are up to the US$ 14,000s on tonnage of 42,000 dwt. Grain shipments on tonnage of 37,000 dwt are said to be fixing rates of around US$ 15,000 daily from South Africa via EC Canada to the Med. A 20-year-old vessel of 27,000 dwt is reported to have fixed US$ 8,000 on tonnage open ECUK with SFMP moving ex-Riga to Casablanca passing Skaw (voyage equivalent is said to be around US$ 25.5/mt). Most cargoes are still being easily matched with tonnage. (For news & updates on dry bulk shipbroking, subscribe to the BMTI Daily Report.)
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Upside for Handysize rates leaving from US Gulf ⚓ #drycargo #maritime #dailysnippet #Handymax #drybulk
Spot rates for smaller bulkers end May at low ebb ⚓ #drybulk #dailysnippet #drycargo #maritime #Supramax #Ultramax
Improved sentiment for spot market Capesizes ⚓ #maritime #dailysnippet #drybulk #drycargo
