Atlantic Handy owners maintain advantage in talks (22-Mar-2017)

Owners retain negotiating edge in talks on Atlantic Handies
Momentum remains on the side of the Handy bulk owners with upgrades afforded on eastward runs from UKC and Black Sea into the high US$ 13,000s daily, despite only sporadic business on that route. (p. 1)

South America remains key driver for inter-Atlantic trade
From South Brazil, a 39,000 dwt was proposed US$ 11,500 for a trip to the Med-Black Sea. (p. 2)

Approach of Q2 hastens short sea urgency in charterers
The upcoming quarterly switch has upped owner urgency to fix business while they can in Q1. (p. 2)

…continue reading in today’s BMTI Daily Report.

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