Steep Supramax rates in the Asia-Pacific region to stay as available tonnage shrinks

Supramax bulkers in the Asia-Pacific region are attracting steep spot freight rates on the back of a growing minor bulk trade and tonnage tightness caused by ships held up at Brazilian ports for grain loading. The Supramax and Handysize bulkers have captured a major share of seaborne dry bulk commodity cargo volumes in January, with …

The post Steep Supramax rates in the Asia-Pacific region to stay as available tonnage shrinks first appeared on Hellenic Shipping News Worldwide.

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