Activity keeps gradually decreasing on BlSea coaster market

摘要

Small-tonnage cargo traffic keeps gradually slowing down in the Black Sea despite some optimistic signs on the metallurgical and grain markets. Spot and 2H Feb tonnage list continues to grow, although owners have managed to stop the rate decline this week. Despite healthy demand for Black Sea steel products in North Africa (primarily in Egypt and Tunisia), fresh spot offers are few these days: Traders are ready to pay high $80s/t bss FILO for shipment of 9,000 t of coils from Odessa to Haifa with a loading rate of 2,500 shex and 2h Feb laycans;