ABUNDANT VESSEL SUPPLY TO PRESSURISE CHARTER RATES

摘要

In May, growing vessel availability in thernAtlantic and the Far East, combinedrnwith low seasonal demand because ofrnmild weather in the Asian and Europeanrnmarkets is likely to squeeze spot rates ofrnDFDE carriers. As per a market report, inrnthe Far East, 10 vessels will be available onrnthe spot basis in May, with the availabilityrnof five spot vessels in the Atlantic region.rnLow cargo demand in Asian and Europeanrnmarkets with the end of extended winterrnwill fail to absorb excess tonnage availablernin the spot market.