Chinese New Year begins at end of the week
With Chinese New Year coming up at the end of this week—and the expected run-up before the Golden Week begins—there are expectations that there will be a short-lived surge in Panamax activity in the next few days, followed by a consequent decline. (p. 1)

Coasters: Sideways motion in Sea of Azov rates
Despite the ups and downs of the short sea market so far this year, Sea of Azov coaster freights remain entrenched in a hard stand-off between cargo-providers and cargo-carriers with little having changed in freight levels over the past week. (p.  2)

Southeast Asia remains key destination for Indonesia rounds
Indonesia rounds with coal on South China delivery and redelivery are also fixing over US$ 4,000 daily and US$ 5,000 daily on Southeast Asia redelivery. (p. 2)

…continue reading in today’s BMTI Daily Report.