Panamaxes appear to be in danger of returning to their usual directionless mode of minimal rises and falls with trans-Atlantic RVs having failed to climb over US$ 13,000 on 82,000 dwt even as owners are doing their very best to make it happen. Front haul business on Kamsarmax tonnage is still trading at respectable levels of US$ 19-20,000 daily, depend­ing on terms, though it is unknown if owners will be able to push these any higher before the month ends. Inter-Pac trips are holding to US$ 11-12,000 daily. USG delivery rates continue to surprise with trips to the Continent up to US$ 16,500 on Handysizes of 48,000 dwt and US$ 17,000 on 58,000 dwt vessels. Inter-Atlantic rates being fixed on 42,000 dwt ships ex-NCSA to the Med are said to be fixing high US$ 16,000s with owners sounding more aggressive in seeking US$ 17,000s for end-June positions. Inter-Pacific rates were observed as exceeding US$ 11,000 daily via CJK on larger Handysizes of 52,000 dwt. (For news & updates on dry bulk shipbroking, subscribe to the BMTI Daily Report.)