C5 cargos from Australia to China have remained active this week with cargoes fixed to the major trading houses as rates in the Atlantic continue to slide due to weak stems.
The Panamax Atlantic market continues to be hot with short period rates achieving up to $13,000/pdpr with stronger rates achieved on the continent. Supramax Pacific coal rounds remain steady achieving around $7,000/pdpr with a build up in tonnage reported.
