Cape Rates Hit Multi-Month Highs Even as Fixing Slows (31 Oct 2018)

Capesize voyages enjoy solid weekly gains capesize bulker
New voyages on 150,000mt from South Africa to ARAG, for instance, have climbed into the range of US$ 9.7/mt, which is around US$ 2/mt higher than only a week previous. (p. 1)

Continued stability in Black Sea Handy bulk
The Black Sea remains relatively stable with grain charterers seeing US$ 24-25/mt for 30,000mt ex-Novo to Dunkirk, whilst talking US$ 23/ mt. (p. 1)

Coasters: New optimism in Baltic-based trades
Rates between the German Baltic and ARAG have edged into the area of US$ 14/mt in both directions with talk that US$ 15/mt is already in talks for late next week on upper Baltic delivery. (p. 2)

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