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Dry Bulk Ultra and supras China

Indonesian coal cargoes boost supramax rates

Supramax bulker earnings were supported by the increased coal cargoes from Indonesia mainly due to stocking before the monsoons and Ramadan holidays. Meanwhile, the latest tension between China and Australia has resulted in increased iron ore volumes from India supporting supramaxes

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Average daily earnings have almost doubled since the beginning of the year on two routes to Indonesia that contribute to the Baltic Supramax Index

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Dry Bulk Ultra and supras China
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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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