Dry Market Fundamentals

摘要

Global CFI has added another $0.15/t amid ongoing increase in freight rates in the Baltic and Continent (Gulf of Finland CFI hasrisen by $0.73/t, Lower Baltic CFI by $0.51/t, and North Sea CFI by $0.88/t). Moreover, steady demand for fleet in the Black andMediterranean Seas has even boosted WMed CFI and EMed CFI by $0.15/t and $0.05/t respectively this week. At the same time,the sea-river market of the Azov Sea continues to put some pressure on the global index (rates for shipments from Rostov/Azov andYeisk keep falling despite adverse weather in the region).