Atlantic Supramax scrap market moves sideways in week 16

Capt. John

The Supramax segment in Continental Europe and the Baltic Sea experienced a loss of momentum, with the scrap spot market witnessing softer freight rates in week 16. “The softening was driven by factors like limited fresh cargoes, a cargo-tonnage imbalance favoring charterers, and pressure on rates,...

https://www.spglobal.com/platts/en/market-insights/latest-news/shipping/042224-atlantic-supramax-scrap-market-moves-sideways-in-week-16

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