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Lack of fresh offers hurts Supramax market in BlSea & Med


Supramax owners have to make further concessions amid shortage of cargoes in the Black Sea. Last week, the owners wanted to get minimum $17k daily bss dely passing Canakkale via BlSea redel Spore-Japan, though now they are quite happy with at least $16k daily. The charterers offer mere $15k daily for a Supramax vessel bss dely passing Canakkale via BlSea redel Bangladesh; rumors say there is an owner who is ready to work at $16k daily for above shipment. At the same time, owners still want to get very strong $12-13k daily for intermed-shipments bss dely passing Canakkale. The deal for transportation of 50,000 t of wheat from Russia to Chittagong is negotiated at $32-33/t. The charterers offer very low $30's/t to have a similar lot of maize moved from Ukraine to China. Carrying 50,000 t of steel products from Turkey to the UAE is quoted at $26/t bss FILO.

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