TIMECHARTER
'Nikolas XL' 2006 82489 dwt dely Mundra 2 Jul trip via EC South America redel Singapore-Japan intention grains $18,750 - cnr
'Captain John P' 2020 82040 dwt dely Haldia 19 Jul trip via EC South America redel Singapore-Japan $22,750 - cnr
'Navios Felicity I' 2020 81962 dwt dely Taichung 23 Jul trip via Australia redel China intention coal $19,500 - Richland Bulk
'Tokyo Pioneer' 2020 63686 dwt dely Singapore prompt trip via Indonesia redel China $18,000 - cnr
'Ceylon Breeze' 2016 63600 dwt dely Weihai 18/23 Jul trip via NoPac redel Singapore-Japan $18,000 - cnr
'Seabird' 2016 63553 dwt dely Singapore 25 Jul trip redel China $18,000 - cnr
'Cl Diyin He' 2011 63128 dwt dely Singapore 21 Jul trip redel China $18,000 - cnr
'Geodream' 2011 61501 dwt dely Mumbai 25 Jul trip via Salalah redel Hazira with limestone $21,500 - Bulk Asia
'HG Brisbane' 2010 57802 dwt dely Puerto Limon 24 Jul 2 laden legs redel Singapore-Japan $24,000 - Aries Bulk
'Xin Hai Tong 35' 2012 56530 dwt dely Kandla prompt trip via Duqm redel China $15,000 - XO
'Patria Nawasena 1' 2008 56047 dwt dely Vung Tau 27/29 Jul trip via Indonesia redel China $14,500 - Fullinks
'True Harmony' 2008 28449 dwt dely Moma prompt trip redel SE Asia $14,000 - cnr
PERIOD
'W-Mary' 2026 82600 dwt dely Changzhou 29 Jul/5 Aug 10/12 months redel worldwide $20,500 - cnr
'Shine Crystal' 2025 82242 dwt dely Bahudopi 23/25 Jul 11/13 months redel worldwide $20,500 - Norden - <recent>
'CS Jinan' 2019 81579 dwt dely Zhoushan 31 Jul 12 months redel worldwide $18,750 - cnr
'Cl Yingna He' 2021 63126 dwt dely Nansha prompt for 4 to 6 months redel worldwide $22,500 - Drydel
VOYAGES
ORE
'TBN' 170000/10 Dampier/Qingdao 6/8 Aug $11.10 fio 90000shinc/30000shinc - Rio Tinto
'Excel' 2012 170000/10 Acu/Qingdao 17/22 Aug $32.45 fio 90000shinc/30000shinc - Anglo
'Genco Augustus' 2007 170000/10 Tubarao option West Africa/Qingdao 10/15 Aug $32.15 fio 3 days shinc/30000shinc - Glovis
COAL
'Pan Ocean TBN' 58000/10 Abbot Point/Donghae 5/14 Aug $19.89 fio 25000shinc/20000shinc - Kepco
All the above is given in good faith but wog. E&OE.
WRITEUP
CAPESIZE
The market posted a modest recovery today, with sentiment showing tentative signs of improvement across both the Pacific and Atlantic basins despite trading activity remaining relatively subdued. The BCI 182 5TC index edged up by $369 to $35,640. The C5 index was largely unchanged, rising by 0.1245 to $11.125, while the C3 route gained 0.195 to finish at $32.30. In the Pacific, confidence improved modestly. Although only one major miner was active, the return of several C5 operators helped bolster demand, contributing to a stabilisation in sentiment following recent weakness. Trading remained relatively thin, with offers opening in the mid-to-high $11s against an early bid of $10.75. The sole miner concluded a couple of fixtures at $11.10, while operators were indicating they could pay in the $11.00-$11.25 range, suggesting a narrowing gap between bids and offers. Atlantic sentiment also firmed slightly. Underlying cargo demand remained healthy, with reports of C3 fixing at $32.15 encouraging owners to push index-date offers above $33. However, bids remained closer to $32, resulting in limited fixture activity.
PANAMAX
Negative sentiment was evident across both basins today, with the P5TC declining by $416 to close at $19,629. Market activity remains subdued with brokers reporting limited enquiry on trans Atlantic routes and suggesting that the few discussions taking place are generally below last done levels. Some market sources have highlighted that mineral fronthaul supply appears to be providing a slightly more encouraging picture, with some improvement in activity and vessel supply continuing to look relatively tight. In the Pacific a lack of fresh enquiry continues to weigh on sentiment. The North Pacific has been particularly quiet, with very few fresh cargoes entering the market. Both the North Pacific and Australia have seen vessel availability increase, adding further pressure on rates. The W-Smash (82,742 2013) open Chiba 20 July was reportedly fixed for a trip via East Coast Australia to China, although there was some debate surrounding the achieved rate. Similarly, the CL Dalian (81,578 2014) also open Chiba 21/23 July was said to have fixed a coal cargo from the North Pacific, with no further details currently available. The Horizon Diamond (76,048 2011) open in Hong Kong 26-30 July fixed around $14,500 for a run from Indonesia to South China while the Zhun Xing 9 (81,586 2012) open Dongguan 22 July fixed for an Indonesia round at $16,500, on both the Charterer unknown. The Sasebo Glory (85,020 2016) open Onahama 17 July fixed a Pacific round in the high $19,000's and the Minoan Ocean (93,146 2011) open Huangpu 20 July was said to have fixed for an Australia round, with no other details heard. On the period side activity has been more noticeable, with several fixtures reportedly concluded for durations of around one year, providing a rare bright spot in an otherwise subdued market.
SUPRAMAX
After collecting and assessing yesterday, things began to return to normal today. The 11TC average was down $102 to $21,863 with the North American routes again taking a hit, especially the fronthaul. The East Mediterranean remains the positive area in the Atlantic, however concluded trades are scarce. In Asia it was mixed with the North showing some negative sentiment, whilst currently South East Asia remains positive with several Ultramaxs reported at $18,000 basis delivery Singapore for trips China, with the Indian Ocean still active and rates relatively flat.
Atlantic
The Capricorn Honor (56,732 2009) fixed delivery Marmara end July for a trip via the Russian Black Sea to the Far East at close to $30,000 reports said and Aries Bulk was linked with the HG Brisbane (57,802 2010) delivery Puerto Limon 24 July for 2 laden legs redelivery Singapore-Japan at $24,000.
Asia
The Norse Endurance (63,700 2026) Busan 23 July went on subjects for a trip via NoPac redelivery China at $19,000 and the SSI Invincible II (56,815 2012) prompt in Kandla fixed to the Far East with intention salt in the high $13,000's with Aequor. Oldendorff were said to have booked a Tata steels cargo and taken the Desert Honour (63,462 2020) from Haldia for the trip via EC India redelivery Brownsville intention steels at $13,000 to cover it, whilst the Sheng An Hai (56,564 2012) Mtwara end July went on subjects for a trip via Richards Bay redelivery Pakistan at $24,000, but the Charterer was not disclosed.
HANDYSIZE
Following on from yesterday the market saw another subdued session, with limited activity emerging. The BHSI edged up by 2 points to 903, while the 7TC average increased by $31 to settle at $16,255. In the Continent and Mediterranean conditions remained flat, with little visible movement. The US Gulf and South Atlantic extended their downward trend, as ongoing tonnage oversupply continued to weigh on rates and push levels lower. Meanwhile Asia saw a positive turn, with both Owners and Charterers reassessing their positions. Sources noted that more fresh cargoes and healthy backhaul orders could lift rate expectations.
Atlantic
The Grace C (36,903 2013) open EC Central America was reported fixed for an inter-Caribbean trip at $18,500 by Pacnav, although further details were not disclosed. In addition the Sirius (37,705 2011) open NC South America was updated that fixed via US East Coast to the East Mediterranean with scrap at $21,500 by Sims, although further details were not disclosed.
Asia
A 35,000-dwt was heard fixed for a trip delivery Yeosu via EC India to redelivery Singapore at $12,000, although further details were not confirmed.