DRY BULK: SOFT·TANKERS: SOFT·SHIP VALUES: TANKER: FLAT DRY: SOFTER

摘要

1. The BDI has now languished below 750 points for more than 10 consecutive weeks, which is its worst sequence since 2016. The Index's 1q19 average was down by 32% yr-on-yr. 2. Capes continue to have the lowest TC rates of all the key sectors, which has led to some cargo substitution between the sizes. 3. A combination of weak Capesize spot rates and Atlantic steam coal prices has triggered renewed activity in the fronthaul coal trades. 4. However, this cannot compensate for the shortfalls in iron ore exports from Brazil and, more latterly, Australia (due to disruptions caused by Cyclone Veronica).