Small Handy
In the China–SEA trade, vessels of 7,000–16,000 dwt were exchanged at freight levels ranging from the low USD 10s to mid USD 20s per metric ton. Tonnage of 11,000–12,000 dwt was discussed for short period employment at around the low USD 5,000s. Meanwhile, a parcel of bagged rice from Thailand to Japan was fixed at the mid USD 4,000s, considered low but still an attractive opportunity for charterers. The market remained active, though a wide gap persisted between owners’ and charterers’ expectations. In India, scrap cargoes to Chittagong continued as a regular trade, with rates exchanged in the low USD 30s per metric ton. An 11,000 dwt vessel was aiming for the low USD 7,000s on a single trip from SEA to East Coast India, though owners still preferred redelivery in Penang. Similarly, a 17,000 dwt vessel was discussed for a single trip from East Coast India to the Persian Gulf with the same redelivery preference. Overall, the small vessel market in India remained firmer than the China–SEA region, though with less cargo availability.
Handysize
Market sentiment in the Atlantic remained positive, with increased inquiry activity from the US Gulf and talk of firmer rates. The South Atlantic showed little change, maintaining a steady tone throughout the week. Across the Continent and Mediterranean, the outlook was upbeat as reports pointed to stronger levels, though confirmed fixtures were limited. In Asia, conditions stayed balanced despite reports of a slightly longer tonnage list. Even so, some participants noted that firmer levels were still being achieved, though fixing details remained scarce. By the close of the day, the 7TC average had gained USD 95, reaching USD 12,512. In the Pacific region, 28,000 dwt vessels were reported fixing at levels of USD 8,500–9,000.
Supramax
The Supramax market showed mixed dynamics across regions. The Atlantic remained firm, particularly from the US Gulf and Continent–Mediterranean, while the South Atlantic faced challenges. In contrast, sentiment in the Pacific improved, suggesting a potential shift toward more favorable conditions. In the Atlantic, the Eagle (58,018 dwt, built 2010) was reportedly fixed at USD 19,000 for a trip from Port Harcourt via Takoradi to the Arabian Gulf, excluding Iran and Iraq. In the Pacific, fixtures reflected active demand. The Jin Heng (63,518 dwt, 2014) secured a trip from Davao via Indonesia with redelivery in the Philippines at USD 18,500. The KP Albatross (58,743 dwt, 2010) was fixed from Calaca to Thailand via Indonesia at USD 18,000, although some sources indicated USD 17,500. The Ceylon Princess (63,213 dwt, 2016) was fixed for a steel cargo from South Korea to West Coast India at USD 14,000. Meanwhile, the Georgios P (57,051 dwt, 2010) was reported fixed at USD 9,000 for a trip from New Mangalore to China carrying iron ore
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