Capesizes enjoy a new upswing in demand with the eastern basin looking especially improved thanks to new orders being made for early May positions and trans-Pacific RVs climbing up past the US$ 26,000 marker. Owners are hoping that momentum will continue into the end of the week and potentially even push these freights into the high US$ 20,000s or even US$ 30,000 by the weekend. Front hauls are edging upwards in the US$ 40,000s to US$ 46,000 daily.

Atlantic Panamaxes would seem to be building on past successes with charterers so far playing along and granting low-mid teens for trans-Atlantic RVs. As such, the TARVs have been hitting up to US$ 14-15,000 on ships of 82,000 dwt and US$ 13-14,000 daily rates for ships of 76,000 dwt. Front hauls have surpassed US$ 26,000 on Kamsarmax tonnage and US$ 24-25,000 daily for tonnage of 74-76,000 dwt. Indo rounds are also lightly buoyant with upwards of US$ 15,000 available for South China delivery.

Black Sea front hauls have yet to be inspired by their USG counterparts with rates ex-Canakkale to the Far East still unchanged in the US$ 28,000s for Ultras and the US$26,000s for Supramaxes. NoPac rounds on tonnage of 63,000 dwt are pushing into the high US$ 15,000s with some owners already reporting offers of US$ 16,000 daily for the same business. Activity has been surprisingly lively across the East with Supra Indo rounds hitting US$ 14,000 daily.

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