DRY BULK: MIXED • TANKERS: SOFTER • SHIP VALUES: TANKER: MIXED DRY: STEADY

摘要

1. Firmness in the Panamax, Supramax and Handysize markets is running counter to the subdued end of year for the Capesize sector. At times during early December the Capesize TC average was the lowest of the four main bulker sizes. 2. Chinese import demand has supported unseasonal strength in earnings on Indonesian coal trades for Panamax and Supramax vessels. 3. US grain exports have been outperforming previous years in the 4q. 4. A supply squeeze has contributed to an extraordinary nine-year peak in delivered iron ore prices into North China and reduced Capesize spot iron ore requirements.