Atlantic panamax rates expected to sustain recovery

摘要

panamax RATES IN the Atlantic market are expected to sustain their recent recovery following a period of bearish pressure in Ql this year, according to John Kearsey, head of research at Simpson Spence Young shipbrokers. The recent grain exporting season out of Latin America was over-hyped in April, but it was enough to help rebalance the fleet supply in the Atlantic market.