New energy observed in western Handy bulk
Atlantic Handy bulkers, after a few uncertain days, appear to have gotten some fresh wind in their sails with several new streams of cargo orders coming on from the UK-Continent and Mediterranean. (p. 1)
Black Sea Handsize market seems in rude health
The Black Sea remains surprisingly vibrant as owners test charterers by raising their numbers. US$ 14.5/mt for 30,000mt grains to ARA does not seem that easy with tonnage proposed at US$ 16.5/mt. (p. 2)
Coasters: Northern owners remain optimistic
Trips for larger parcels of 5-6,000mt are getting mid-high EUR 20s/mt of EUR 26-28/mt from the GNS to the Turkish Med with some owners insisting EUR 30/mt is very likely to be obtainable on the same run by the beginning of April. (p. 2)
…continue reading in today’s BMTI Daily Report.