- Small Handy
Small tonnages in the Pacific has not shown much positive improvement this week. Vessels from 8,000 to 10,000 DWT have exchanges around USD 4,000 trading Southeast Asia. Meanwhile, Vessels from 10,000 to 15,000 DWT have exchanged at USD 8,000 for trading from the Far East to Indonesia. Clinker from Cam Pha to Malaysia has been fixed at USD 15pmt. Similarly, tapioca chips from Vietnam to Southern China have fixed at the same rate with DWT 11,000. In Indian market has seen little cargo activity, many Owrns accepted ballast to Penang – Singapore.2. Handysize
The week concluded on a positive note, driven by strong market sentiment across both basins. The BHSI rose by 17 points to reach 472, while the 7TC settled at USD8,498. The Continent and Mediterranean regions showed signs of improvement, supported by robust scrap demand and urgent requirements along Mediterranean and Black Sea routes, pushing rates slightly above previous levels. In the South Atlantic and U.S. Gulf, activity remains strong due to fresh demand and a limited supply of tonnage. This has prompted charterers to raise their bids, while owners have become increasingly cautious. The Asian market continues to demonstrate stability, underpinned by firm sentiment and steady demand, leading to rate negotiations at higher levels than before. Cargo availability in the PG-India region is extremely scarce, leading to exceptionally low fixture rates. For vessels around 28K DWT in the PG-WCI area, rates are hovering around USD4,000 DOP.
3. Supramax
The Atlantic had seen significant improvements throughout the week. Heard 63,000 DWT open USG fixed at USD18,500 for trip to India with coal. It’s indicated that 56,000 DWT open Marmara Sea rated at USD11,750 for a trip via Black sea to Bangladesh In Asia, the market demonstrated with slightly recovery on cargo and rating. A 56,000 DWT open Singapore was fixed at USD7,500 for trip via Indo to China. Charterers rate 55,000 DWT open Campha USD6,000 for trip via Campha to South Philippines. Others 64,000 DWT open Thailand rated USD11,000 for trip to Chittagong. In China/Feast range, Charterers rated a 58,000 DWT at USD8,000 delivery CJK for a trip to PG with general cargo/break-bulk cargo. Meanwhile, a 56,000 DWT open Bohai Bay was rated USD9,000 for trip to Bangladesh. The Indian and PG market witnessed some improvement. Reports indicated that an 64,000 DWT open Mumbai was rated at USD12,000 + 100,000 for trip via RBCT to ECI. While a 57,000 DWT open Fujairah fixed via PG to WCI at USD8,250 with limestone to Mundra . In East Coast India, 58,000 DWT was fixed at USD3,000 for a trip to China with ore
