Americas dry freight rates tumble further

摘要

Dry bulk rates for cargo from the Americas slid further last week, amid limited coal exports and plentiful vessel availabilities. In the Panamax market, the US Gulf-Rotterdam rate had the week's heaviest losses, falling 550/metric tonne to $14.75/mt. Steelmaker ArcelorMittal was due to field a vessel at that level for a 20-27 June stem at that price.