Rate resilience in Handysize trades – 19-Dec-2016

handysizeHandy owners positive on Atlantic week ahead
Trans-Atlantic trips on UKC/ECSA runs are getting low-mid US$ 14,000s amid signs that new cargoes are set to emerge this week on the western run. (p. 1)
Continental front hauls holding steady
Front haul rates from the Continent for destinations in China for Supra tonnage are hovering at around US$ 16,500 to China whilst charterers are targeting US$ 15,000 for Chittagong with a longer duration. (p. 2)
Supramaxes see Indonesia mineral demand
Indo rounds have been doing fairly solid business on NoPac redelivery with ships of 54-58,000dwt fixing low US$ 7,000s ex-Indonesia via South China. (p. 2)

…continue reading in today’s BMTI Daily Report

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