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Wednesday, 01 April 15
SUPRAMAX & HANDY: RATES HELD STEADY TOWARDS THE WEEKEND
Intermodal“Despite the fact that the Dry Bulk market closed off on the green last week, sentiment didn't improve by any means, not only because of the fact that the increase was pretty much insignificant, but also because following a couple of weeks of healthier activity and numbers in the Atlantic, it now seems that the market has started to show signs of pulling back once again, with lower numbers offered across most key routes,” in its latest report, shipbroker Intermodal said on dry bulk market.

The broker further said that, we are still of the view that the geared sizes will continue to outperform the market at least for the short to medium term, as demand for such tonnage remains much healthier when compared to Panamax range and Capesize vessels, the average rate for which remains south of $5,000/day.

On the Cape front it noted that, following another modest week in terms of gains for Capes, the BCI managed to dragged itself above 450 points before the end of the month, which hinted that March is due to end on the red for the big bulkers, while despite the positive weekly closing, activity remains uninspiring across both basins.

On the Panamax market, according to Intermodal, activity continued to grow on the Panamax size for trips out and trans-Atlantic runs last week, with East Coast South America still sourcing most of the business and rates trending sideways or slightly up in some cases. Over in the East, fresh enquiry was lacking overall, with charterers ideas still fairly low.

Rates for the smaller size segments held steady towards the weekend, with small increases being noted positionally across both basins, while period ideas also remained stable, still offering a premium compared to similar Panamax charters, Intermodal said.


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Friday, 27 March 15
INDONESIA: NEW REGULATION REQUIRES LETTER OF CREDIT FOR EXPORT OF PRODUCTS FROM NATURAL RESOURCES
The Minister of Trade issued Ministerial Regulation No. 04/M-DAG/PER/1/2015 (“Regulation No. 4/2015”) on 5 January 2015.  Regulati ...


Friday, 27 March 15
WEEKLY U.S COAL OUTPUT FALLS 1.7% W-W; 7.9% Y-Y
COALspot.com – United States the world's one of the largest coal producers, produced approximately totaled an estimated 18.2 million ...


Thursday, 26 March 15
CHINA IRON ORE IMPORT FOR THE FIRST 2 MONTHS DECLINED BY 1.2 % Y-O-Y; PANAMAX AUSSIE/CHINA ROUNDS BEING FIXED IN THE $4 -5K RANGE - FEARNLEYS
Handy There has been more activity in both hemispheres this week. Especially the USG market has picked up with more cargoes for prompter dates en ...


Thursday, 26 March 15
RATES FOR THE SMALLER SIZE SEGMENT CONTINUED TO IMPROVE LAST WEEK - INTERMODAL
To see green across the board is a rare occurrence in the Dry Bulk market nowadays and while the upside in which last week closed off is not of the ...


Thursday, 26 March 15
KYUSHU ELECTRIC POWER OF JAPAN HAS JOINED GLOBALCOAL ONLINE COAL TRADING PLATFORM
globalCOAL® announced today that Kyushu Electric Power, one of Japan’s largest utility companies, has joined its online coal trading plat ...


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