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• Activity up for Pacific Ultramaxes (01 Apr 2025)

  Clinker charterers have taken an Ultramax at US$ 16,600 daily from China via Campha to Bang­ladesh. A 32,000 dwt vessel was put on subs for a back haul trip from CJK to the Med via GoA at US$ 12,000. Ultramax owners have been showing interest in a trip from China to Brazil at US$ 9,500 daily. Demand from Australia has been tempting owners to up the ante, talking US$ 20,000 daily on a 40,000 dwt ship for a trip from New­castle to PG. The owners of a 34,000 dwt ship were seeing US$ 16,000 daily from Port Kembla to the Mediterranean. Period business remains on the table with charterers rating Ultramax tonnage at US$ 14,000 daily for 4-6 months of trading with delivery South Korea. Charterers were rating a 39,000 dwt ship at US$ 13,000 daily for 4-7 months of trading with delivery Singapore. (For news & updates on dry bulk shipbroking, subscribe to the BMTI Daily Report.)

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