Smallhandy
The small drybulk market remains stable with a slightly firm bias, supported by steady fertilizer and agricultural cargo demand. Urea and WBP trades are showing freight in the low-to-mid USD 20s/mt, while limestone remains softer around the low USD 10s/mt and PKE around the low-to-mid USD 20s/mt. Overall, demand is providing reasonable support to regional tonnage, although the market remains balanced rather than strongly bullish.
Handysize
For handy segment, the US Gulf and North Coast South America run to the Continent accounted for more than four-fifths of the decline on its own. Across the Continent and Mediterranean rates stayed soft with little cargo against the ships on offer. According to market report, a dwt 38,000 booking Baltimore to Nador at $20,000 and a scrap trip from the US East Coast to Turkey at $17,000.
In Asia free tonnage built while cargo held steady. A 2019 built dwt 39,000 took a prompt Thailand trip to South East Asia with sugar at $16,000. Dwt 28,000 were exchanged at rate around $10,000-$11,000 for a trip from South East Asia to North bound.
Supramax
The Supramax/Ultramax market remained firm, with a good number of fixtures reported across the Pacific and Indian Ocean. Rates were generally steady, while longer-haul voyages continued to achieve stronger levels. In the Pacific, mv Hawk Kimyn (51K dwt) was fixed at $12,250 for China–Indonesia, while mv Royal Arkan (53K dwt) achieved $15,500 via Indonesia to Southeast Asia. mv An Hai Pearl (57K dwt) was fixed at $15,000 for a trip to China, and mv Guangzhou Fa Zhan 3 (57K dwt) at $15,000 via Indonesia to CJK. For longer voyages, mv DG Treasure (55K dwt) was fixed at $23,500 via China to Fujairah. mv V Star (57K dwt) achieved $18,000 via Japan to Taiwan with slag, while mv Polyworld (57K dwt) was fixed at $21,000 for a trip to West Africa. mv Allis Serene (58K dwt) achieved the highest level at $25,500 for Fujairah with slag.
In Southeast Asia, mv Doric Trident (58K dwt) was fixed at $18,000 via Indonesia to the Philippines with coal, while mv IVS Crimson Creek (58K dwt) achieved $19,000 via Indonesia to India. mv Clover (61K dwt) was fixed at $21,000 via Indonesia to West Coast India.
In the Indian Ocean, mv Lowlands Luck (63K dwt) was fixed at $23,850 via Vietnam to Bangladesh with clinker, while mv Desert Namuli (63K dwt) achieved $16,500 via Australia to the Philippines. mv Seaglory (63K dwt) was fixed at $21,000 for a trip to West Africa.
Best regards,
