The Atlantic Panamax market was stilled by holidays in Europe today. Holidays
in the East are limiting activity there, but there was still said to be some
interest in period business. Short period of 4-6 months trading has
fixed LME tonnage at $11,500 daily on early May delivery. A NoPac round was
reported done at $11,200 daily for an LME on spot delivery. The Baltic Panamax
index was off 12 today to 1713.
For Atlantic Panamax business the 1997-built 73,762 dwt Kalypso has fixed with
an unnamed charterer for spot delivery Barcelona on a trip (minimum 70 days
trading), with redelivery Singapore-Japan at $24,000 daily.
Out of the Pacific came word that an unnamed charterer took the 2010-built
80,545 dwt Darya Jyoti for spot delivery Dandong on a trip via NoPac with
redelivery Singapore-Japan at $11,250 daily.
Period business in the East included reports of Bunge taking the 2006-built
74,476 dwt Iolcos Unity for May 01-05 delivery Jebel Ali for 12 months trading
with redelivery worldwide at $11,800 daily.
The 2004-built 73,641 dwt Marietta will earn $11,500 daily from Ultrabulk for
May 04-05 delivery Kakogawa for 4-6 months trading with redelivery worldwide
BHP Billiton has reportedly fixed on subjects the 1999-built 72,891 dwt Deep
Seas for spot delivery Tianjin for 4-6 months trading with redelivery
at $11,500 daily.
Voyage business in the Pacific saw the 1994-built Wadi Sudr fix to an
undisclosed charterer for May 10-20 loading 70,000 tons 10% coal from
to Visakhapatnam at $20,70.
There was very little to report for the Capesize sector today as holidays in
East and May Day holidays in Europe started to bite. There was virtually no
change to rates on the absence of activity. The Baltic Capesize index edged
down 2 to 1494.
>From the Pacific, Noble fixed a TBN for May 20-30 loading 130,000 tons 10%
coal from Newcastle to Qingdao at $12,00.
The overall picture for the Handy market saw little change today as the impact
of holidays in both the Atlantic and Pacific basins restricted trading. In
Atlantic, a European run from the Continent to the Egyptian Mediterranean
$15,000 nett for early May delivery. There was some interest in period
with a supramax fixing 3-5 months trading at $16,000 daily for mid-May
For the Pacific, a bagged rice cargo was said done from Thailand to West
at $10,000 daily. The Baltic Supramax index fell 3 to 1098, while the
Handysize index added 4 to 600.
In the Atlantic, the 1996-built 45,742 dwt Chrysoula S went to an undisclosed
charterer for May 05-07 delivery on the Continent for a trip with redelivery
the Egyptian Mediterranean at $15,000 daily nett.
D'Amico was linked with the 2010-built 57,809 dwt Egret Bulker for May 15-20
delivery on the Continent for 3-5 months trading with redelivery worldwide at
Pacific Handy business included the 1997-built 45,423 dwt Efi Theo fixing to
unnamed charterer for spot delivery Thailand on a trip with redelivery West
Africa at $10,000 daily.