Global Trends in Dry Bulk Spot Chartering Activity

2012-06-05

Last week’s fixtures to be shipped within the next four weeks consisted of a large amount of coal shipments from Indonesia and iron ore shipments from Australia. 16 Indonesian coal fixtures came to the market last week, 4 more than the previous week and up from the trailing four week average. The fixtures were made to ship thermal coal to various buyers in Asia. 9 Australian iron ore fixtures came to the market last week, 1 more than the previous week and on par with the trailing four week average. All of the Australian iron ore fixtures were made to ship iron ore to buyers in China.

The remainder of last week’s fixtures consisted of grain shipments from South America, shipments of various cargo from the North Pacific, coal shipments from Australia, iron ore shipments from Brazil, and shipments of assorted cargo from West Africa. 8 South American grain fixtures came to the market last week, 4 less than the previous week but on par with the trailing four week average. The fixtures were made to ship grain to various buyers in Europe, Asia, and the Middle East. 7 North Pacific fixtures came to the market last week, 5 more than the previous week and up from the trailing four week average. The fixtures were made to ship a wide variety of cargo including coal and grain to various buyers in Europe. 7 Australian coal fixtures came to the market last week, 1 more than the previous week and on par with the trailing four week average. The fixtures were made to ship thermal and coking coal to various buyers in Asia. 5 Brazilian iron ore fixtures came to the market last week, the same amount as the previous week and on par with the trailing four week average. The fixtures were made to ship iron ore to buyers in China and Europe. 5 West African fixtures came to the market last week, 2 more than the previous week and up from the trailing four week average. The fixtures were made to ship various cargo including bauxite and iron ore to buyers in Europe and Asia.

Source from : www.cnss.com.cn

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