SUPRAMAX CHARTER RATES TO INCREASE MODESTLY

摘要

The Supramax segment had a stablernjourney in April 2018, with the BSI (BalticrnSupramax Index) moving in between 1,013rnand 1,067 points. In our view, Supramaxrncharter rates will increase modestly in May.rnEven though Supramax vessels will losernemployment on the US-China route onrnaccount of declining sorghum trade (referrnto Commodity section), it should notrnworry shipowners much as these shipsrnhave many other chances to securernemployment. High aluminium consumptionrnin China will provide an impetus to bauxiterntrade. Increasing Chinese imports of barleyrnand bauxite will increase employmentrnopportunities for Supramaxes on thernAustralia-Far East route. Meanwhile, strongrnBrazilian soybean supply will also benefitrnSupramaxes.