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• Atlantic recovery pulling ahead of Pacific (15 Jul 2025)

  The East seems to be getting outperformed by the Atlantic whilst rate increases remain visible. Salt charterers took a 66,000 dwt from ECI via Australia to China at US$ 13,500 daily, which is not a bad deal for the owners, brokers said. A 35,000 dwt ship got US$ 13,000 daily with delivery Indonesia via Australia to China. China-linked charterers have been showing interest in a Supramax from ECI via SE Asia or Kalimantan to China at US$ 11,000 daily. Back haul business was done on Ultra­max tonnage at US$ 14,250 for a trip from China to the Med. Rice charterers have been rating Supramaxes at US$ 12,000 daily for a trip from CJK to West Africa. Trips from the East to the WCSA might cost the charter­ers around US$ 13,500 on tonnage of 38,000 dwt. Period activity is unceasing. A 42,000 dwt got fixed for a short period at US$ 15,000 daily with delivery in Lanshan. Ultramax tonnage was bid a rate of US$ 14,000 daily for a five-year period. Another one has gone at US$ 16,250 for 2-3 laden legs. The owners of a 35,000 dwt vessel have been holding onto US$ 12,000 daily for 3-5 months. (For news & updates on dry bulk shipbroking, subscribe to the BMTI Daily Report.)

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