Cape owners try to resist charterer pressure
Owners are having a devilish time getting charterers to take their ships at last-done with charterers confi- dent that the market remains on their side and owners putting up all the resistance they can muster.
Coasters: Black Sea rally seen moving into 2017
Some brokers are already saying that the rally is expected to carry on into 2017 with January positions seen exceeding spot levels in some cases.
Scrap shipments to Turkey increase in 2016
Turkey imported 7.2% more scrap over the first nine months of 2016 (12.9 Mt) than the year before. (p. 2)
…. read more in today’s BMTI Daily Report