Despite an overall widespread buoyant sentiment some brokers are warning that Supra-Ultra rates off the Continent could be facing a downturn from an already comparatively low level. On the other hand, Ultramax tonnage was concluded at US$ 18,000 per day from North France via West Med to West Africa, whilst scrap charterers do not need to pay more than around US$ 13,000 daily for trips into the Med. Handysize tonnage of 37-39,000 dwt has been fixed at US$ 12,000 daily to the ECSA and at US$ 11,000 daily to the US Gulf, respectively. A 37,000 dwt was recently fixed at US$ 12,000 daily into the Med…. Subscribe to the BMTI Daily Report to read the rest of this article.

Would you like to read our shipbroker viewpoint every morning?
Subscribe to the BMTI DAILY REPORT today.