Solid trends abound for Far East Handysizes
Handysizes have had a good week in the East as Aussie trips from SE Asia to the NoPac firm into the mid-high US$ 5,000s on tonnage of 28,000 dwt, interestingly in line with rates for this run on much larger Handy and/or Supramax ships. (p. 1)

Pacific market in rude health for Supramaxes
A healthier market in the East has led to NoPac rounds at US$ 7,000 daily and US$ 8,000 daily for Aussie rounds on Supramax tonnage. (p. 2)

Oil rises ahead of suggested output reduction
Prices for crude oil edged up Thursday as competing forces between bearish trends of growing US stocks were overpowered by indications from OPEC that the cartel is considering extending its oil supply reduction programme. (p. 5)

…read more in today’s BMTI Daily Report.