Panamax freights start losing traction (12 Mar 2019)

Charterer interest in Panamaxes fades
Enquiry for Panamaxes has apparently dried up in the way that Cape interest dried up in late February. (p. 1)

Long haul business stays active on Ultramaxes
From WCCA, Ultramax tonnage was shown US$ 8,000 for a trip to the Med-Continent area. (p. 2)

Containership rates continue steady decline
The modest but steady downward trend in container freights remained well in place last week with an average of 4-5% lost on freights (down 4.6% on the SCFI), showing not a single positive progression in any single rate, unlike weeks past. (p. 2)

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