日本海事新聞ニュース Japan Maritime Daily Feb 18, 2026 (Wed)

Baltic Weekly Report: Capesize Rates Surge Ahead of Lunar New Year, While Product Tankers Face Sharp Decline

Trends in BDI (Baltic Exchange Dry Index, 1985=1000)

　■ Capesize 　Although the start of the week was weak, it gradually recovered from mid-week with supp ・・・ 続きはログインして下さいnext %E3%80%80%E2%96%A0+Capesize+%3Cbr%3E%E3%80%80Although+the+start+of+the+week+was+weak%2C+it+gradually+recovered+from+mid-week+with+support+from+both+waters.+The+average+spot+charter+rate+for+182%2C000-dwt+%28Type+182%29+vessels+on+the+five+major+routes+rose+by+%243%2C157+over+five+business+days%2C+from+a+daily+rate+of+%2425%2C692+at+the+start+of+the+week+to+%2428%2C849+by+the+end+of+the+week.+%3Cbr%3E%E3%80%80By+route%2C+the+biggest+contributor+was+the+rise+in+market+prices+on+Pacific+routes+ahead+of+China%E2%80%99s+Lunar+New+Year+holiday.+The+C5+%28Western+Australia-China%29+freight+rate+rose+to+%249.378+per+ton+midweek+before+softening+slightly+to+%249.272+by+the+end+of+the+week.+%3Cbr%3E%E3%80%80Similar+trends+were+observed+on+the+C3+%28Brazil-China+route%29.+Laycan+%28Laydays%2FCancelling+date%29+has+shifted+completely+to+early+March%2C+and+freight+rates+per+ton+for+loading+in+the+second+half+of+March+hit+the+%2424+range+before+dropping+to+%2423.923+on+Friday.+%3Cbr%3E%E3%80%80Activity+in+the+North+Atlantic+region+picked+up+ahead+of+the+weekend.+The+charter+market+for+transatlantic+routes+was+at+a+daily+rate+of+%2434%2C344%2C+and+%2455%2C028+for+fronthaul+%28Atlantic-Pacific+routes%29.+%3Cbr%3E%E3%80%80%E2%96%A0+Panamax+%3Cbr%3E%E3%80%80The+market+remained+generally+strong+toward+the+weekend.+There+was+some+volatility+toward+the+end+of+the+week%2C+but+sentiment+improved+in+both+waters.+%3Cbr%3E%E3%80%80In+the+Atlantic%2C+demand+for+near-term+transatlantic+voyages+set+the+direction+of+prices.+Towards+the+middle+of+the+week%2C+shippers+moved+to+secure+vessels+in+nearby+positions%2C+and+negotiations+progressed+steadily.+Demand+for+transporting+grain+from+the+east+coast+of+South+America+remained+stable%2C+and+demand+from+the+north+coast+of+South+America+and+the+Gulf+of+Mexico+also+supported+prices.+Momentum+slowed+somewhat+towards+the+end+of+the+week%2C+and+freight+rates+began+to+stabilize.+%3Cbr%3E%E3%80%80More+significant+strength+was+seen+in+the+Pacific+Ocean.+Demand+for+short-distance+shipping+routes+from+Indonesia+tightened+the+supply+and+demand+for+tonnage%2C+and+there+was+also+active+inquiry+in+Australia+and+the+east+coast+of+North+America.+Interest+in+period+charters+also+remained+strong.+%3Cbr%3E%E3%80%80Reflecting+improved+sentiment%2C+the+average+spot+charter+rate+on+the+five+major+shipping+routes+rose+to+a+daily+rate+of+%2415%2C989+on+Friday+from+%2414%2C829+on+Monday.+%3Cbr%3E%E3%80%80%E2%96%A0+Supramax+%3Cbr%3E%E3%80%80The+results+varied+depending+on+the+position.+The+Atlantic+saw+a+strong+rise%2C+led+by+key+areas+such+as+the+Gulf+of+Mexico.+Brokers+reported+that+a+daily+rate+for+Ultramax+fronthaul+deals+exceeded+%2430%2C000%2C+with+transatlantic+trade+in+the+mid-%2430%2C000+range.+%3Cbr%3E%E3%80%80Demand+is+also+strong+in+the+South+Atlantic%2C+with+a+Type+62+deal+being+closed+on+a+South+America-Middle+East+route+for+%2417%2C000+plus+a+%24700%2C000+ballast+bonus.+%3Cbr%3E%E3%80%80In+contrast%2C+new+inquiries+are+scarce+in+both+the+northern+and+southern+hemispheres+of+Asia%2C+and+charterers+continue+to+have+the+upper+hand.+A+Type+60+vessel+was+priced+in+the+mid-%2410%2C000+range+for+a+trip+from+the+Philippines+via+Indonesia+to+South+China%2C+while+a+Type+57+vessel+was+priced+at+%2414%2C000+for+a+shipment+of+salt+from+Southeast+Asia+via+Western+Australia+to+Indonesia.+%3Cbr%3E%E3%80%80The+Indian+Ocean+has+been+relatively+active%2C+with+a+Type+63+being+chartered+for+a+trip+from+Mina+Saqr+%28United+Arab+Emirates%29+to+Bangladesh+for+%2416%2C000.+%3Cbr%3E%E3%80%80There+were+few+period+charter+deals%2C+with+a+Mediterranean-free+Type+57+vessel+secured+for+5-7+months+with+worldwide+redelivery+in+the+low+%2414%2C000+range.+%3Cbr%3E%E3%80%80%E2%96%A0+Handysize+%3Cbr%3E%E3%80%80While+the+Atlantic+market+saw+a+gradual+improvement%2C+the+Pacific+market+continued+to+be+under+downward+pressure%2C+and+the+overall+tone+was+mixed+but+steadily+tightening.+%3Cbr%3E%E3%80%80The+main+players+this+week+were+the+South+Atlantic+and+the+Gulf+of+Mexico%2C+with+increased+activity+in+transatlantic+trade+and+tighter+tonnage+for+February+loading+pushing+up+rates.+%3Cbr%3E%E3%80%80A+deal+for+a+Type+36+on+the+route+between+Recalada+%28Argentina%29+and+Algeria+was+closed+for+%2420%2C000%2C+and+a+deal+for+a+Type+40+on+the+route+between+Mississippi+River+and+Mexico%E2%80%99s+east+coast+was+closed+for+%2422%2C000.+%3Cbr%3E%E3%80%80The+supply+and+demand+balance+in+Europe+and+the+Mediterranean+was+generally+good%2C+with+only+slight+improvements.+A+Type+38+was+priced+at+%246%2C700+for+a+trip+from+Aveiro+%28Portugal%29+via+Morocco+to+the+east+coast+of+South+America.+%3Cbr%3E%E3%80%80The+Pacific+remained+weak+throughout+the+week+with+slow+cargo+movement+and+an+increasing+tonnage+list.+A+Type+41+Far+East+free+on+February+7-10+fetched+%247%2C000+for+a+trip+to+Southeast+Asia.+%3Cbr%3E%E3%80%80There+was+a+moderate+increase+in+period+charter+activity%2C+with+several+deals+reported.+It+has+been+reported+that+a+three-year+long-term+contract+for+a+Type+40+vessel+delivery+Far+East+was+concluded+at+a+market-linked+rate%2C+which+is+120.5%25+of+the+average+rate+on+the+major+routes.+%3Cbr%3E%E3%80%80%E2%96%A0+VLCC+%28Very+Large+Crude+Carrier%29+%3Cbr%3E%E3%80%80Freight+rates+eased+slightly+this+week%2C+with+the+exception+of+the+Gulf+of+Mexico-China+route%2C+which+saw+an+increase.+The+Middle+East-China+freight+rate+was+down+7+points+from+the+previous+week+at+WS132.78%2C+with+the+round-trip+TCE+%28charter+equivalent%29+at+%24117%2C360+per+day.+%3Cbr%3E%E3%80%80In+the+Atlantic%2C+West+Africa-China+%28TD15%29+fell+by+5+points+to+WS121.44%2C+with+charter+equivalent+just+above+a+daily+rate+of+%24103%2C700.+The+total+freight+rate+for+the+Gulf+of+Mexico-China+route+rose+by+more+than+%24330%2C000+to+just+over+%2414+million.+The+charter+equivalent+was+slightly+below+at+a+daily+rate+of+%2494%2C900.+%3Cbr%3E%E3%80%80%E2%96%A0+Product+carrier+%3Cbr%3E%E3%80%80The+freight+rates+for+the+LR+%28Large+range%29+2+have+fallen+further+in+the+Middle+East.+The+WS+for+the+Middle+East-Japan+route+%28TC1%29+fell+from+189+to+168%2C+and+the+round-trip+TCE+fell+to+a+daily+rate+of+%2437%2C300.+The+total+freight+rate+for+the+Middle+East-Europe+route+%28TC20%29+was+%244.05+million%2C+down+%24225%2C000.+The+total+freight+rate+for+the+Mediterranean-Far+East+route+%28TC15%29+remained+flat+in+the+%244.94+million+to+%244.95+million+range.+%3Cbr%3E%E3%80%80The+LR1+continued+to+decline+in+the+Middle+East.+The+WS+for+the+Middle+East-Japan+route+%28TC5%29+fell+from+202+to+179%2C+and+the+total+freight+rate+for+the+Middle+East-Europe+route+%28TC8%29+fell+by+%24200%2C000+to+%243.17+million.+Europe+remained+largely+unchanged+this+week%2C+with+the+WS+for+the+route+between+ARA+%28Amsterdam%2C+Rotterdam%2C+Antwerp%29+and+West+Africa+%28TC16%29+hovering+around+160-162.+%3Cbr%3E%E3%80%80MR+%28Medium+Range%29+continued+to+fall+significantly+in+the+Middle+East.+The+WS+for+the+Middle+East-East+Africa+route+%28TC17%29+fell+by+55+points+to+191%2C+and+the+round-trip+TCE+fell+to+a+daily+rate+of+%2416%2C200.+Sentiment+worsened+in+Europe%2C+with+freight+rates+remaining+flat.+The+WS+for+the+ARA-US+Atlantic+Coast+route+%28TC2%29+was+down+6+points+from+the+previous+week+to+147%2C+and+the+daily+round-trip+TCE+was+%2411%2C000.+%3Cbr%3E%E3%80%80The+Gulf+of+Mexico+plunged.+The+latest+WS+for+the+Gulf+of+Mexico-Europe+route+%28TC14%29+is+235%2C+with+a+daily+round-trip+TCE+of+%2429%2C600.+The+total+freight+rate+for+the+Gulf+of+Mexico-Caribbean+route+%28TC21%29+fell+by+%24628%2C000+to+%241.29+million.+%3Cbr%3E%E3%80%80The+Atlantic+Triangulation+Basket+TCE+fell+to+a+daily+rate+of+%2439%2C600+from+%2452%2C500.+%3Cbr%3E%E3%80%80For+Handymax%2C+the+WS+for+the+Mediterranean+route+%28TC6%29+fell+by+60+points+to+215%2C+while+the+WS+for+the+European+route+%28TC23%29+rose+28+points+to+257.+%3Cbr%3E%28Provided+by+The+Baltic+Exchange%29+%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%B9%E3%83%86%E3%83%A0%E3%82%92%E4%BD%BF%E7%94%A8%E3%81%97%E3%81%9F%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%A7%E3%81%82%E3%82%8B%E3%81%93%E3%81%A8%E3%82%92%E5%8D%81%E5%88%86%E3%81%AB%E7%90%86%E8%A7%A3%E3%81%97%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E5%88%A9%E7%94%A8%E3%81%99%E3%82%8B%E3%82%82%E3%81%AE%E3%81%A8%E3%81%97%E3%81%BE%E3%81%99%E3%80%82%3Cbr%3E

【Weekly市況リポート】(2月9―13日)ケープ、春節前で上昇

2026/02/18(水)

日本海事新聞 JMD

関連記事ニュース Related news