Freight commentary

摘要

Fertilizer freight rates for Supramax vessels continued to climb this week though the market appeared to stall on Wednesday as vessels ballasting from the Pacific basin began to arrive in the Atlantic. South America’s grain export market remains active as soybean volumes continued to climb and vessels were booked at $13,000/day and higher. Transatlantic voyages were booked at $12,000/day or more while cargoes from the US Gulf to the Mediterranean were fixed at around the same level.