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日本海事新聞ニュース Japan Maritime Daily Apr 24, 2024 (Wed)

‌【Baltic Weekly Market Report】(April 15-19) Panamax and FFA rise

Changes in BDI (Baltic Dry Index, 1985 = 1000)

■Capesize The Capesize market witnessed an eventful and generally positive week. Early in the week, ・・・続きはログインして下さいnext %E2%96%A0Capesize%3Cbr%3E%3Cbr%3EThe+Capesize+market+witnessed+an+eventful+and+generally+positive+week.+Early+in+the+week%2C+a+subdued+start+led+to+cautious+attitudes+among+market+participants%2C+with+slight+declines+in+the+BCI+5TC+and+C3+index.+However%2C+a+notable+turnaround+occurred+midweek%2C+as+sentiment+improved+markedly%2C+particularly+in+the+Pacific+market.+Increased+coal+demand+from+East+Australia+to+China+and+weather+conditions+impacting+operations+in+China+drove+a+surge+in+rates.+Throughout+the+week%2C+all+three+major+miners+remained+active+in+the+Pacific%2C+contributing+to+upward+pressure+on+rates+for+both+the+BCI+5TC+and+C5+index.+Stronger+fixtures+were+reported%2C+with+rates+reaching+as+high+as+%2412.10+for+C5%2C+a+%241.50+increase+on+the+week.+Activity+in+the+South+Atlantic%2C+particularly+from+Brazil+and+West+Africa+to+the+Far+East%2C+also+contributed+to+the+positive+momentum%2C+with+rates+climbing+steadily.+With+a+slight+tightening+of+the+tonnage+list+in+the+Pacific+towards+the+end+of+the+week%2C+sentiment+remained+buoyant%2C+supported+by+ongoing+demand+and+firm+rates.+By+the+end+of+the+week%2C+the+BCI+5TC+settled+at+%2423%2C543%2C+marking+a+significant+improvement+from+the+week%E2%80%99s+start.%3Cbr%3E%3Cbr%3E%E2%96%A0Panamax%3Cbr%3E%3Cbr%3EMost+of+the+excitement+emanated+from+the+Atlantic+again+last+week.+The+continued+lack+of+early+tonnage+in+the+North+had+a+profound+effect+on+rates%2C+with+sound+trans+Atlantic+demand+rates+lurched+forwards+with+mention+of+various+voyage+cargoes+fixed+at+above+index+timecharter+equivalents.+%2430%2C000+was+rumored+fixed+for+a+US+East+coast+to+China+on+82%2C000-dwt+type+delivery+this+side+the+headline+rate+with+fronthaul+trades+from+the+North+Atlantic+also+increasing%2C+adding+further+fuel+to+the+fire.+The+Pacific+market+rose+steadily+throughout+the+week+buoyed+by+the+firm+sentiment+seeping+in+from+Atlantic+market.+Several+vessels+fixed+for+EC+South+America+rounds%2C+again+at+a+premium+to+Pacific+rounds+which+hovered+around+the+%2415%2C000+mark.+Several+period+fixtures+were+reported+due+to+an+improving+outlook+and+steady+increasing+paper+values%2C+a+shade+over+%2420%2C000+perhaps+the+highlight+for+a+nicely+described+82%2C000-dwt+delivery+China+for+6+to+8+months+trading.%3Cbr%3E%E2%96%A0Ultramax%2FSupramax%3Cbr%3E%3Cbr%3EA+positive+week+for+the+sector+with+stronger+rates+being+achieved+in+most+areas.+The+Atlantic+saw+sustained+interest+from+the+US+Gulf+and+healthy+demand+from+the+Continent+and+Mediterranean%2C+whilst+the+South+Atlantic+saw+reasonable+levels+of+fresh+enquiry.++A+steady+supply+of+Indonesian+coal+demand+helped+maintain+rates+from+South+Asia%2C+whilst+further+north+brokers+spoke+of+a+healthy+volume+of+NoPac+and+backhaul+business.+Period+cover+was+short%2C+a+63%2C000-dwt+open+North+China+fixing+a+short+period+at+%2419%2C250%2C+whilst+a+57%2C000-dwt+also+open+North+China+fixed+12+months+trading+at+%2416%2C500.+In+the+Atlantic%2C+a+63%2C000-dwt+was+heard+fixed+for+a+trip+from+US+Gulf+to+Japan+with+wood+pellets+at+%2426%2C000.+From+the+Mediterranean%2C+a+53%2C000-dwt+fixed+delivery+Egypt+trip+to+West+Africa+at+%2414%2C000.+In+Asia%2C+a+56%2C000-dwt+fixed+from+SE+Asia+via+Indonesia+redelivery+South+Korea+in+the+low-mid+%2417%2C000s.+For+backhaul+enquiry%2C+a+56%2C000-dwt+was+heard+fixed+delivery+South+China+for+a+trip+to+West+Africa+at+%2412%2C500+and+then+a+split+rate+of+%2415%2C500+after+65+days.+++%3Cbr%3E%3Cbr%3E%E2%96%A0Handysize%3Cbr%3E%3Cbr%3EPositivity+returned+to+the+Handysize+sector+as+the+week+progressed.+The+US+Gulf%2C+saw+a+reduction+in+tonnage+availability+and+a+39%2C000-dwt+fixed+from+SW+Pass+to+North+Coast+South+America+with+a+cargo+of+grains+at+a+rate+between+%2410%2C000+and+%2411%2C000.+Also%2C+a+35%2C000-dwt+fixed+from+Columbia+to+the+Caribbean+with+an+intended+cargo+of+coal+at+around+%2411%2C000.+In+the+South+Atlantic%2C+cargo+availability+increased%2C+which+combined+with+a+reduction+in+draft+in+the+River+Plate+added+pressure+to+charterers.+A+28%2C000-dwt+was+fixed+from+Recalada+via+Upriver+to+Poti+with+a+cargo+of+grains+at+%2416%2C000.+The+Continent+and+Mediterranean+were+said+to+be+lacking+direction%2C+however+a+38%2C000-dwt+who+was+said+to+be+unable+to+carry+dirty+cargo+and+had+limited+employment+opportunities+fixed+from+Nador+to+the+US+Gulf+with+a+cargo+of+barytes+at+%2411%2C000.+Whilst+information+from+Asia+was+limited%2C+brokers+spoke+of+more+positivity+as+the+cargo-to-tonnage+balance+changed+in+the+owner%E2%80%99s+favor.%3Cbr%3E%3Cbr%3E%E2%96%A0Clean%3Cbr%3E%3Cbr%3ELR2%3Cbr%3E%3Cbr%3EIn+the+MEG+this+week+LR2+freight+received+a+welcome+upturn+in+freight+rates+this+week.+The+TC1+rate+for+75kt+MEG%2FJapan+resurged+41+points+to+WS207+and+the+90kt+MEG%2FUK-Continent+TC20+voyage+similarly+cranked+up+its+value+by+%241.28+million+to+%246.38+million.%3Cbr%3E%3Cbr%3EWest+of+Suez%2C+Mediterranean%2FEast+LR2%E2%80%99s+saw+another+drop+this+week+due+to+inactivity+to+%243.46+million+%28-%24142%2C000%29.%3Cbr%3E%3Cbr%3ELR1%3Cbr%3E%3Cbr%3EIn+the+MEG%2C+LR%E2%80%991+freight+also+turned+back+up+this+week.+The+55kt+MEG%2FJapan+index+of+TC5+went+from+WS193+to+WS231+taking+the+Baltic+round+trip+TCE+for+the+run+back+to+just+under+%2440%2C000+per+day.+The+65kt+MEG%2FUK-Continent+of+TC8+hopped+up+16%25+to+%244.74+million.%3Cbr%3E%3Cbr%3EOn+the+UK-Continent%2C+the+60kt+ARA%2FWest+Africa+dropped+by+11+points+this+week+to+WS185.%3Cbr%3E%E2%80%83%3Cbr%3EMR%3Cbr%3E%3Cbr%3EMR%E2%80%99s+in+the+MEG+also+showed+positive+movement+this+week.+The+TC17+35kt+MEG%2FEast+Africa+index+added+22+points+to+its+value+this+week+to+settled+at+WS306.+%3Cbr%3E%3Cbr%3EOn+the+UK-Continent+MR%E2%80%99s+took+more+downward+pressure+this+week.+The+37kt+ARA%2FUS-Atlantic+coast+of+TC2+shed+10+points+to+WS174.+The+TC19+run+%2837kt+ARA%2FWest+Africa%29+the+index+managed+to+hold+on+to+its+value+only+dropping+by+two+points+overall+this+week+to+WS208.%3Cbr%3E%3Cbr%3EUSG+MR%E2%80%99s+have+taken+a+battering+this+week+from+a+large+oversupply+of+vessels.+TC14+%2838kt+US-Gulf%2FUK-Continent%29+another+41+points+down+to+WS149+with+the+TCE+dropping+37%25+to+%2413%2C900+per+day+round+trip.+The+38kt+US+Gulf%2FBrazil+on+TC18+went+from+WS276+to+WS239+and+the+38kt+US-Gulf%2FCaribbean+of+TC21+dropped+by+27%25+across+the+week+to+%24664%2C000.+++%3Cbr%3E%3Cbr%3EHandymax%3Cbr%3E%3Cbr%3EIn+the+Mediterranean%2C+30kt+Cross+Mediterranean+%28TC6%29+shot+up+114+points+this+week+to+WS305.+This+lifted+the+Baltic+TCE+for+the+Run+by+114%25+to+%2453%2C600+per+day+round+trip.%3Cbr%3E%3Cbr%3EUp+in+Northwest+Europe%2C+the+TC23+30kt+Cross+UK-Continent+improved+for+the+second+week+on+week+to+WS248+%28+18%29.%3Cbr%3E%3Cbr%3E%E2%96%A0VLCC%3Cbr%3E%3Cbr%3EThe+market+continued+the+downward+trend+this+week.+The+rate+for+270%2C000+mt+Middle+East+Gulf+to+China+repeated+a+weekly+three+point+reduction+and+now+sits+at+just+below+WS60+which+corresponds+to+a+daily+round-trip+TCE+of+about+%2436%2C000+basis+the+Baltic+Exchange%E2%80%99s+vessel+description.%3Cbr%3E%3Cbr%3EIn+the+Atlantic+market%2C+the+260%2C000+mt+West+Africa%2FChina+trip+eased+by+about+1.5+points+to+WS62.89+which+shows+a+round+voyage+TCE+of+around+%2439%2C600+per+day.+The+rate+for+270%2C000+mt+US+Gulf%2FChina+is+assessed+%24100%2C000+lower+at+%248%2C585%2C000+translating+into+a+round-trip+daily+TCE+of+%2440%2C941.%3Cbr%3E%3Cbr%3E%E2%96%A0Suezmax+%3Cbr%3E%3Cbr%3EThe+Suezmax+market+in+West+Africa+took+a+tumble+this+week+with+the+130%2C000+mt+Nigeria%2FUK+Continent+trip+losing+18+points+during+the+week+to+WS108.72+%28a+daily+round-trip+TCE+of+%2440%2C939%29.+In+the+Mediterranean+and+Black+Sea+region+the+rate+slipped+seven+points+to+WS115.10+for+the+135%2C000+mt+CPC%2FMediterranean+trip+%28showing+a+daily+TCE+of+about+%2442%2C225+round-trip%29.+In+the+Middle+East%2C+the+rate+for+140%2C000+mt+Middle+East+Gulf+to+the+Mediterranean+%28via+the+Suez+Canal%29+was+assessed+flat+again+at+the+WS96-97+level.%3Cbr%3E%E2%80%83%3Cbr%3E%E2%96%A0Aframax%3Cbr%3E%3Cbr%3EIn+the+North+Sea%2C+the+rate+for+the+80%2C000+mt+Cross-UK+Continent+gained+a+meagre+two+points+to+WS143.21+%28a+daily+round-trip+TCE+of+%2441%2C650+basis+Hound+Point+to+Wilhelmshaven%29.%3Cbr%3E%3Cbr%3EIn+the+Mediterranean+market+the+rate+for+80%2C000+mt+Cross-Mediterranean+was+reduced+by+16+points+to+end+up+at+WS187.08+%28basis+Ceyhan+to+Lavera%2C+that+shows+a+daily+round+trip+TCE+of+%2456%2C427%29.%3Cbr%3E%3Cbr%3EAcross+the+Atlantic%2C+the+Stateside+market+has+been+hammered+back+down%2C+with+the+rate+for+70%2C000+mt+East+Coast+Mexico%2FUS+Gulf+%28TD26%29+being+reduced+by+49+points+to+WS187.19+%28a+daily+TCE+of+%2445%2C907+round+trip%29+and+the+rate+for+70%2C000+mt+Covenas%2FUS+Gulf+%28TD9%29+is+now+44+points+lower+than+a+week+ago+at+WS180.63+%28a+round-trip+TCE+of+%2440%2C277+per+day%29.+The+rate+for+the+trans-Atlantic+route+of+70%2C000+mt+US+Gulf%2FUK+Continent+%28TD25%29+lost+31+points+week-on-week+to+rest+at+WS189.44+%28a+round+trip+TCE+basis+Houston%2FRotterdam+of+%2444%2C321+per+day%29.%3Cbr%3E%3Cbr%3E%E2%96%A0LNG%3Cbr%3E%3Cbr%3EThis+week+has+seen+a+potential+turn+in+the+short-term+market%2C+particularly+in+the+Atlantic+Basin.+There+has+been+an+increased+enquiry+for+liftings+from+the+US+Gulf%2C+Algeria%2C+and+West+Africa+to+indicate+a+possible+rise+in+rates%2C+though+the+Eastern+market+remains+stagnant+and+risks+losing+its+two-way+economics.+Despite+this%2C+the+presence+of+numerous+vessels+in+the+West+may+temper+rate+increases+in+the+near+future.%3Cbr%3E%3Cbr%3ERate+assessments+on+a+weekly+basis+for+Gladstone%2FTokyo+were+about+%242%2C000+per+day+firmer+for+the+160kCBM+vessel+and+%24400+per+day+firmer+for+the+174kCBM+vessel+at+%2432%2C706+per+day+and+%2447%2C675+per+day%2C+respectively.+In+the+Atlantic+the+160kCBM+vessel+lost+around+%24700+per+day+for+the+Corpus+Christi%2FIsle+of+Grain+route+while+the+174kCBM+vessel+gained+about+%241%2C000+per+day+to+be+assessed+at+%2432%2C955+per+day+and+%2445%2C752+per+day.+The+BLNG3+%28US+Gulf-Japan%29+fared+similarly%2C+being+assessed+at+%2438%2C996+per+day+%28down+%24450+on+last+week%E2%80%99s+assessment%29+on+the+160kCBM+vessel+and+%2453%2C069+per+day+%28a+weekly+gain+of+about+%241%2C500%29+on+the+174kCBM+vessel.%3Cbr%3E%3Cbr%3EThere+is+a+positive+sign+with+growing+enquiries+for+longer+term+period+chartering%2C+some+of+which+are+securing+fixtures+at+rates+well+above+current+spot+assessments%2C+with+six-month+rates+assessed+at+%2464%2C000+against+an+average+spot+of+under+%2448%2C000+and+the+three-year+rate+at+%2480%2C700.%3Cbr%3E%3Cbr%3EIn+terms+of+vessel+transactions%2C+the+market+is+witnessing+a+rise+in+potential+sale+and+purchase+activities%2C+with+several+steam+ships+and+TFDE+vessels+currently+under+consideration+for+sale.+++As+more+vessels+are+released+from+long-term+charters%2C+the+availability+of+steam+vessels+is+expected+to+increase+further+which+could+negatively+impact+rates+should+these+come+into+the+spot+market.%3Cbr%3E%3Cbr%3E%E2%80%83%3Cbr%3E%E2%96%A0LPG%3Cbr%3E%3Cbr%3EFollowing+a+slow+start+to+the+week+and+with+rates+stable+BLPG1+index+rose+incrementally+to+close+at+%2464.429+%28an+actual+fall+of+%240.65+on+the+week%29+after+bottoming+out+at+%2463+giving+a+daily+TCE+of+%2443%2C216.+The+acceptances+by+Saudi+Aramco+being+released+on+Tuesday+helped+stimulate+some+positive+movement+but+with+tonnage+reported+as+plentiful+it+remains+to+be+seen+if+that+can+be+maintained.%3Cbr%3E%3Cbr%3EThe+US+market+has+mirrored+the+Middle+East+this+week+both+BLPG2+and+BLPG3+hitting+a+floor+and+improved+later+in+the+week.+Houston-Flushing+BLPG2+climbed+to+%2468.4+from+%2467+after+reaching+amid+week+bottom+of+%2466.+A+daily+TCE+earning+on+a+round+voyage+is+currently+at+%2468%2C186.+While+Houston-Chiba+gained+%241.429+giving+a+closing+index+value+of+%24124.286+and+a+daily+TCE+earning+of+%2449%2C297.+Overall+enquiry+has+picked+up+this+week+in+the+West+however+vessel+supply+looks+to+be+keeping+the+market+balanced+for+the+moment.%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E6%83%85%E5%A0%B1%E3%82%92%E8%AA%8D%E8%AD%98%E3%83%BB%E5%88%86%E6%9E%90%E3%81%97%E3%81%A6%E7%B5%90%E6%9E%9C%E3%82%92%E5%87%BA%E5%8A%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%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