Northern Markets remain rather steady – 01. Feb 2017

Another week at similar levels
An interesting flurry of fresh cargoes showed up in the Northern markets recently with a somewhat increasing end-January rush being felt. (p. 1)

Adriatic market
Northbound export shipments ex-Adriatic have been securing steady rates in line with those done at the end of 2016 with US$ 26-27/mt obtainable on general cargoes to Ireland and SCUK. (p. 2)

S & P
Since the end of last year the Handysizes have seen an increase in value of around 13-15% for the 10-15-year old ships and nearly 9% for the 5-year old ones. (p. 4)

…continue reading about the dry bulk chartering market in today’s BMTI Daily Report.

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