Capes remain buoyant with cargo movements particularly active in the North Atlantic with rates around $9,000/pdpr for short period.
Panamax TC rates in the Pacific remain around the $6,850/pdpr mark as the market holds steady for NOPAC coals.
Poor weather continues to hamper South East Asia as coal exports from Indonesia appear to be the order of the day for Supras with rates dropping slightly to around $6,250/pdpr for short period.