Freight rally moves into Handy bulk – 21-Nov-2016

Capesizes take a breather after bull run
Whether the bullish momentum and fixing frenzy that fuelled the recent rebound remains in place is yet to be seen, but the Australian rounds have surpassed US$ 20,000, suggesting a final topping out. (p. 1)

Handy bulk avails tighten in Baltic and Black Sea
Supra tonnage open in the Med-Black Sea area has been disappearing quickly. A 57,000 dwt was taken for short period at US$ 9,500 with redel Atlantic. (p. 1)

Pacific Handy owners pressing for premiums
NoPac rounds have climbed from the low to mid-high US$ 6,000s daily on modern Supramax ton- nage with ambitious owners already said to be pressing for US$ 7,000 daily on the same. (p. 2)

Comments are closed.