Southeast Asia keeping Handies busy (10-Apr-2017)

Fresh demand on inter-Continent tradesSoutheast Asia
Inter-Continent business is looking stronger with US$ 13,500 daily (and even US$ 14,000) on steels from the Baltic to the Adriatic on 28,000 dwt ships. (p. 1)

Coasters: Azov offers widen as activity slows
The Sea of Azov coaster market is, by all signs, stable, though indications are—brokers warn—quite variable, depending on the reporting source. There have been, for instance, quite a few indications for 3,000mt wheat parcels from Yeisk to Marmara at rates in a wide range of US$ 19-22/mt. (p. 1)

SE Asia remains crucial for eastern Handies
Stronger rates have been seen from SE Asia with 32-36,000 dwt vessels getting US$ 8,000 and higher on trips from Vietnam to Northern China. (p. 2)

…continue reading in today’s BMTI Daily Report.

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