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Baltic exchange: The Maritime Markt emphasizes from May 12th to 16th

The Baltic Exchange has published its report for the last week from May 12th to 16th to provide information about the performance of the mass market.

Capesize

THe closed the market a week with a fixed and optimistic note. Early activities were suffocated in Singapore by the Vesak Day, and while the initial trade was suppressed, the mood remained bullish in the past week, underpinned by stronger offers and the tightening of the tonnage. The support in the Pacific returned, although the early week in the difficult examination deviates slightly, with increasing values ​​and a strong miner engagement. The C5 market showed a constant improvement, with the index closing $ 8.195.

The Atlantic presented a more complex picture. Early concerns about the growing numbers of the ballaster and the logistical problems such as the breakdown of loaders in San Nicolas. The robust demand from southern Brazil and West Africa, paired with narrow tonnages in the North Atlantic, gradually increased the feeling. In the middle of the week, a soil was developed on C3 at around $ 18.00, with the route being closed at $ 19.405. Remarkably, the Fronthaul market was significantly firm and was reflected in a strong increase in the C9 index. At the end of the week, both in the Atlantic and in the Pacific, BCI 5TC helped to $ 16,736 and marked a profit of over $ 2,382.

Panamax

A lackluster week for the Panamax market in the Atlantic, since limited demand rose with an increasing tonnage. The Atlantic lacked the transatlantic demand and replied a predominant Fronthaul LED basin, although the tariffs were under pressure here with a tonnage/freight echo weight. Reports on Monday had an 82,000 DWT delivery continent that achieved $ 20,000 for a trip to the US east coast of India. By the middle of the week for the same trip of $ 14,000, however, the decline of the level was highlighted during the week.

In Asia, a mixed week with the NOPAC market, in which the support rates were missing, was drifted, as a result, Demand Exercalia has improved during the week, whereby the nearby position was nearby, reports that an 82,000-DWT delivery Japan was suspected for $ 11,000 for the trip via EC Australia. Entert-activity reporting, however, contained rumors about an 82,000-DWT delivery China Fixes Basis 5/7 months at $ 13,750.

Ultramax/Supramax

With public holidays and various shipping events throughout the week, it was a rather lackluster matter. The Atlantic saw that the demand from the US golf from the US -Golf remained, although this seemed to be loose during the week. A similar story from South America for transatlantic runs. A 58,000 DWT was set for a travel certificate at Otranto $ 17,850.

The continent Mediterranean was missing fresh impulses and the rates remained under pressure. The Asian arena was described by some as a positional description, a 58,000 DWT was heard with $ 12,500 an departure in Singapore with an exit from Indonesia China with a fixed basis. While a 63,000-DWT-Fix delivery Surabaya trip via the Indonesian new delivery Thailand with $ 17,000. The Indian ocean saw an appropriate amount of activity, but this seemed to slow down at the end of the week. A 64,000 DWT was set for a trip to China with $ 20,000 plus $ 200,000 ballast bonus. It remains to be seen what the coming week has in stock because most of them return to their desks.

Cell phone

This week, the market in both pools saw only minimal visible activities. The market bases remained soft on the continent and the Mediterranean because the feelings were somewhat positioned. A 37,000 DWT fix delivery Bejaia about Jorfla Lasfar to deliver Samsun at $ 7,000. The atmosphere in the US golf stayed entertainment, with the Nance of tonnes maintain its length and exerts further pressure on the tariffs. A 37,000 DWT reflected a delivery to Hampton Roads, which supplied continent with coal for $ 10,500.

In the South Atlantic, the market foundations remained largely compensated for, for example a 36,000 DWT ship for the Recalada delivery for the after-order of the NC South America was attached with $ 15,500. In Asia, some sources determined a slight increase in tonnage, but the freight volumes have initially contributed to keeping the rates stable. A 38,000 DWT ship was attached to CJK via Bing Bong for the delivery, which supplied to continent with concentrate of $ 13,500.

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