Recent Trends in Global Dry Bulk Chartering Activity

2012-08-04

Last week’s fixtures to be shipped within the next four weeks consisted of a large amount of shipments of various cargo from the US Gulf, coal shipments from Indonesia, iron ore shipments from Australia, and grain shipments from South America.

15 US Gulf fixtures came to the market last week, 7 more than the previous week and up from the trailing four week average. The fixtures were made to ship a variety of cargo including grain, petcoke, and coal to various buyers in Europe and Asia. 14 Indonesian coal fixtures came to the market last week, 5 more than the previous week and on par with the trailing four week average. All of the fixtures were made to ship thermal coal to buyers in Asia. 11 Australian iron ore fixtures came to the market last week, 4 more than the previous week and on par with the trailing four week average. All of the fixtures were made to ship iron ore to buyers in China. 11 South American grain fixtures came to the market last week, 2 more than the previous week and 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.

The remainder of last week’s fixtures consisted mostly of coal shipments from South Africa, shipments of various cargo from the North Pacific, and coal shipments from Australia.

6 South African thermal 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 coal to various buyers in Asia and Europe. 5 North Pacific fixtures came to the market last week, 3 more than the previous week and on par with the trailing four week average. The fixtures were made to ship a variety of cargo including grain and coal to various buyers in Asia. 5 Australian coal fixtures came to the market last week, the same amount as the previous week and on par with the trailing four week average. various buyers in Asia.

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