bmti_daily
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The floor has been reached on trending Pacific Handy bulk spot rates, observers say, with some routes already climbing back positive growth.
6:44 AM Jun 1st
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Panamax rates in the Atlantic down to $8,000 daily for T/As. Oldendorff are linked with a cheap forward front haul at $14,500 + $450,000 BB.
9:50 AM May 31st
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Handymax rates still holding to a fairly steady level in the Atlantic. US$18,000 daily is bid for a 55,000 dwt to go east from West Africa.
11:50 AM May 30th
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Pacific Handy freights head south with owners reluctant to accept low levels. Pacific rounds in the low $7,000s daily for Supras.
8:26 AM May 29th
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Rates in Azov feel some pressure, like 3,000mt grain ex-Rostov/Egypt approx. US$50/mt, ex-Rostov /Izmir approx. US$31-32/mt
5:00 AM May 28th
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S.African brokers view their market steady. US$9-10,000 daily possible for 30-32k dwt to Continent/Med; about US$15,000 daily to FEast.
5:01 AM May 25th
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Px Transatlantic r/v has dropped below US$ 10,000 daily, US$ 17,000 have been bid for a trip from Passero/Gib for a fronthaul run.
5:52 AM May 24th
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Baltic/N.Sea most freight rates dipped around EUR 0.5/mt w/exception of grain cargoes staying nearly unchanged at last done numbers#maritime
7:01 AM May 23rd
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TA-RV about US$ 8,500 daily. Front hauls well below US$ 28k. Nearly 38Mdwt of Capes fleet currently queued up in ports congestion.
5:23 AM May 22nd
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Falling coal prices in Indonesia combined w/20% export tax discourage Supras to look for a job there
5:46 AM May 21st
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Steel activity up w/inter-Med cargoes, ferts high on Tunesian market, steady steels-ferts-grain in Spanish Med
6:37 AM May 18th
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Capes upswing in TA RV & front haul to FE with USD 9,000 & over USD 28,000 daily
6:32 AM May 17th
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Med markets are slower but USG Handy markets are firm w/TAs solid at US$20k for Supramaxes bulker
6:31 AM May 16th
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Capesize trans-Atlantic RVs are trading at just under $8,000 daily and may slide down to $7,500 by the time the market re-engages.
7:58 AM May 15th
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Trans-Atlantic Handy demand is somewhat re-energized with Turkish Med scrap imports resuming & USEC ex-shipments seen increasing.
7:49 AM May 14th
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The Black Sea Handy bulk market, despite earlier signs of a rally, is mostly flat w/ new cargoes lower than expected, brokers say.
8:36 AM May 10th
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On fresh Atlantic demand, Capesizes stabilize after earlier corrections, incl. several new T/A RVs at upwards of $8k, sometimes $8.5k daily.
7:35 AM May 10th
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The Fragile State of Maritime Finance (BMTI Special Report)
10:01 AM May 9th
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Australian Dalrymple Bay terminal Apr exports rise 8% on month. More from Platts:
3:44 AM May 9th
via Seesmic
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Good news for bulker biz—less newbuilding bulker tonnage delivered in April (8.6m dwt) than in March (9.6m dwt) while slippage rose to 41%.
7:59 AM May 9th
via web
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- Name BMTI Daily Report
- Location Germany
- Web http://www.bmti.de
- Bio Shipping market news for dry bulk shipbrokers, owners and charterers in the bulk carrier and short sea industries. Daily & independent.
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