In Dry Bulk Market,International Shipping News 13/09/2016
Capesize Commentary:
Essentially a very flat day for the physical and paper markets. With holidays in Singapore, the miners were absent from the market and there was little fresh news from the Atlantic. Nobody seemed to have an agenda in the paper market with most participants content to wait for the miners return tomorrow before making their next move.
Panamax Commentary:
An extremely quiet opening to the week with little activity form the physical or paper markets as various holidays continue to hamper liquidity. The business that was concluded was a touch easier than last weeks close with Oct and Q4 trading down to $6600.
Supramax Commentary
With holidays in Singapore the week got off to a very dull and slow start across all sizes. Especially on the supramax paper was we saw rates soften slightly throughout the day with no real conviction or reported trades. Q1 was rumoured to go through $4900. Have a good evening and we can hope for some activity tomorrow.
Handysize Commentary
Quiet day on handy paper with no reported trading.
Source: FIS (Freight Investor Services)
