Supramax rates

Supramax Freight Rates Surge Amid Additional Coal Imports

  • Supramax freight rates in Southeast Asia surged at least 25% in the trading week.
  • China’s approves 20 million mt coal quotas for remainder of year.
  • Australian grain harvest coincides with release of China’s quotas.

Supramax freight rates in Southeast Asia surged at least 25% in the trading week ended Nov. 27 as the unexpected news of China releasing an additional 20 million mt of coal import quotas rapidly drained tonnage from the region, reports Platts.

Supramax time charters

Time Charter...

https://mfame.guru/supramax-freight-rates-surge-amid-additional-coal-imports/

Panamax Index Gain Pushed Baltic Index Up by 4 Points

  • Baltic index edges up on firm panamax, supramax rates.
  • The Baltic index edged up 4 points to 539, its highest since Jan. 27.
  • The capesize index slipped further by 20 points to -348, its lowest on record.
  • The panamax index rose 10 points, or 1.1%, to 915, registering its 18th straight session of gains.
  • The supramax index gained 15 points to 621.

The Baltic Exchange’s main sea freight index inched up on Monday as the strong demand for panamax and supramax vessels continue, reports Yahoo Finance.

F...

http://mfame.guru/panamax-index-gain-pushed-baltic-index-up-by-4-points/

Baltic Index Inches Up by 2 Points on High Panamax Rates

  • Baltic index rose for the eighth straight session to 508 points.
  • The capesize index fell 39 points to -278 points.
  • The panamax index climbed 19 points, or 2.3%, to 830 points.
  • The supramax index rose 18 points to 561.

The Baltic Exchange’s main sea freight index inched higher on Tuesday. This marks the eighth straight session gain, as higher rates for panamax and supramax vessels outweighed lower capesize rates, reports Yahoo Finance.

How Baltic Index marked gain
  • The Baltic index, which tracks...

http://mfame.guru/baltic-index-inches-up-by-2-points-on-high-panamax-rates/

Higher Rates for Smaller Vessels Push Baltic Index Up by 9 Points

  • Higher rates for smaller vessels lift Baltic index.
  • Baltic Index rose 9 points to 506 points.
  • The panamax index climbed 24 points, or 3%, to 811 points, its highest since Jan. 21.
  • The supramax index rose 19 points to 543.
  • The capesize index fell 13 points to -239 points.

The Baltic Exchange’s main sea freight index peaked higher on Monday. Gains in the panamax and supramax vessel segments offset lower capesize rates and aided lifting Baltic Index, reports Reuters.

Rates of Smaller vessels 

Panam...

http://mfame.guru/higher-rates-for-smaller-vessels-push-baltic-index-up-by-9-points/

Capesize, Supramax Rates Fall! Baltic Index Slips by 1%

  • Baltic index  fell 4 points, or 1%, to 411 on lower capesize, supramax vessel rates.
  • The panamax index rose 5 points, or 0.9%, to 546.

According to a Reuters report, capesize, supramax components of the Baltic Sea Freight Index declined on Monday, affected by weaker demand for capesize and supramax vessels outweighing stronger rates for the panamax category.

The developments
  • The Baltic index, which tracks rates for capesize, panamax and supramax vessels to ferry dry bulk commodities, fell 4...

http://mfame.guru/capesize-supramax-rates-fall-baltic-index-slips-by-1/

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