Eastern Cape rates start to stabilize
Pacific rounds have started to firm at around US$ 19,000 DOP on modern 180,000 dwt tonnage, seeming to suggest that there is more strength in the East than the West at the moment. (p. 1)
Pacific Handysize rates sustain minor corrections
Handysizes have fallen under the same pressures as the larger sizes, though discounts are notably minimal for week-on-week comparisons. (p. 2)
…continue reading in today’s BMTI Daily Report.