Asian Cape rates rebound; Panamax and supramax soften

摘要

Asian Cape rates have been pushed up this week by strongchartering interest for South America iron ore.Slow coal shipment chartering activity in Indonesia, however,curbed spot chartering rates for Panamaxes and Supramaxes.Capesize vessel voyage freight rates for the major thermal coalroute of Newcastle to South China were assessed at $11.80/t on 4July, up from $10.50/t on 27 June.