Baltic exchange: The Maritime Markt emphasizes from May 19 to 23

Capesize

TThe market ended the week after a shaky start in a firmer note and recovered well from early pressure caused by the uncertainty in Guinea. The announcement of revoked mining licenses initially drove to the mood, but the market quickly achieved the version. The Pacific Basin became the strongest performer, which was underpinned by the consistent miner and operator demand. At the beginning of the week, the C5 index rose steadily from the high 7.00 US dollars to 8.55 US dollars until the end of the week. In the meantime, the South Atlantic achieved traction in the middle of the week, and in mid-June, laypeople were repeated in the middle to high $ 18-$ laypersons, which were carried by a large mountain man. However, the North Atlantic remained, which was subdued by a weaker mood of the fronthaul and a subdued transatlantic market. The initial weakness made room for a modest recreation, with the BCI 5TC average after premature losses until Friday at 15,757 US dollars.

Panamax

Another softer week for the Panamax market, since the owners believed that the recent pressure continues in all pools. The resistance of the owners was difficult to find at the early tonnage and ballaster tonnage that continues to have a discount. The P2A route hovered all week in the 17,000 US dollar brand, with several deals from NC South America to be completed to the Far East. Activity EC EC South America was described as a position, but was essentially returned flat for index information data. The average levels floated over the level with a low MID $ 12,000 throughout the week. Overall, Asia returned a good demand to start mixed views of the tariffs to start the week, since South America did not affect or recorded some of the earlier tonnage, the tariffs being decreased during the week, with the tonnage of all demand. The prices of up to $ 13,000 and in the $ 12,000 were observed for various Australia round trips, but with the development of the week, the tariffs were now comparable to more than $ 10,000 per $ 10,000, while a large part of the Indonesian demand was absorbed by smaller/older tonnings to 4-digit levels.

Ultramax/Supramax

The week started with a little more positive from the Atlantic from the Atlantic, but when the week closed, part of this feeling had slightly eroded. The support of the US golf was set by 63,000 DWT with Petcoke with $ 19,750 a trip from Houston to India. The South Atlantic was finely balanced with the demand for Trans -Atlantic runs, but Fronthaul business was missing. The continent Mediterranean was positioned, although some had seen the continent a little more demand. The Asian arena was also somewhat positional. Demand in custody from the north for both transacific rounds, while a new investigation from the south was missing. A 66,000 DWT opening in northern China, which in the first 45 days later at $ 14,500 for a trip to the US Golf with $ 11,000. Further south, a 58,000 DWT that is attached from southern China via Indonesia in the middle of $ 10,000 in Thailand. The Indian ocean remained more steamed, a 62,661 2020) was set from South Africa to EC India with 16,000 US dollar ballast bonus. Periodicity was limited, although a 64,000 DWT-open Thailand was set for a short period of more than $ 14,000.

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It was usually a positive week, with the freight rates in most loading areas. The continent Mediterranean region continued to show up constant improvements, whereby the market mood was largely positioned. For example, a 40,000 DWT was set for the delivery of Antwerp trips via Norway to deliver Brazil for 45 days for $ 14,500. The South Atlantic and US golf markets were supported by the availability of limited ships and healthy freight demand. Remarkable devices included a 38,000 DWT ship with a fixed delivery from Rio Grande, which Venezuela supplied with $ 16,000, and a fixed delivery of 37,000 DWT Brunswick to reduce immingham with wood pellets at $ 13,750 and 20,000 GBB. In the meantime, the Asian market also remained firm, especially in Southeast Asia and in the North Pacific, where the tightening of the Tonnage Charterer prompted its offers. A 40,000 DWT heard a fixed delivery Koh Sichang Redelivery Rizhao or Qingdao with concentrate of USD 11,750.