Cement News tagged under: Freight Markets
USG Supramax/Ultramax freight market25 October 2024, Published under Cement NewsThe USG Supramax/Ultramax freight markets were active throughout the month due to a lively demand, especially on transatlantic routes. The tonnage list was getting tighter as coal and grain cargoes were hitting the market. Overall, the market fundamentals felt stronger with plenty of cargoes surfacing and rates moving up on all routes. Freight rates for transportation of a Supramax-lot of petcoke from Houston to ARA ports with spot laycans are at US$25.50/t on average. Deals for delivery ... |
USG Supramax/Ultramax market stabilised and rising after falling during last month30 September 2024, Published under Cement NewsBy Brannvoll ApS, Denmark The USG Supramax/Ultramax freight market was holding largely throughout the month. The rates fell mid-month as tonnage count in the region was rising very fast while there were only a few cargoes entering the market. However, the rates stabilised quickly as more petcoke cargoes appeared for spot dates on transatlantic and front-haul routes. Freight rates for transportation of a Supramax-lot of petcoke from Houston to ARA ports with spot laycans are at US$23... |
Supramax freight rates held at high levels, as demand/supply ratio balanced itself23 August 2024, Published under Cement NewsBy Brannvoll ApS, Denmark The USG Supramax spot freight market remained firm as demand stayed healthy, especially for transatlantic trips. Closer to the end of the month, rates stabilised as the region appeared quite balanced. Despite the demand/supply equilibrium, the sentiment turned somehow uncertain, but rates maintained the achieved levels. upramax freight rates for petcoke from Houston, USA, March 2019-September 2024 Freight rates for transportation of a Supramax-lot... |
Healthy demand lifts USG Supramax freight market25 July 2024, Published under Cement NewsBy Brannvoll ApS, Denmark The USG Supramax spot freight market showed a considerable rate improvement for all routes as some fresh cargo trickled in for June dates. There was a limited availability of tonnage open in US East Coast (USEC), attracting some ballasters from the USG and Continent areas. The market stayed well-supported thanks to petcoke and coal shipments on trans-Atlantic and front-haul routes. Freight rates for transportation of a Supramax-lot of petcoke from Housto... |
Supramax rates for USG shipments stay under pressure from limited demand27 June 2024, Published under Cement NewsBy Brannvoll ApS, Denmark The USG Supramax spot freight market remains weak with no positive changes observed this month. The spot segment is experiencing a further decrease in rates with the tonnage vs cargo balance in charterers’ favour amid a slow flow of grains, coal and petcoke cargoes from the main loading areas in the North Atlantic. Freight rates for transportation of a Supramax-lot of petcoke from Houston to ARA ports with spot laycans are at US$18/t on average. Deals for deli... |
USG Supramax/Ultramax shows stable market fundamentals23 May 2024, Published under Cement NewsBy Brannvoll ApS, Denmark The USG Supramax/Ultramax freight market started the month on a soft mode, but eventually made a positive turn, slowly but confidently. A tightening tonnage list for spot laycan dates was helping owners to insist on more favourable rates, especially on transatlantic routes. In the second half of May, the market has levelled as the tonnage supply remained largely unchanged WoW and the segment ended up being relatively balanced. Freight rates for transportation ... |
Limited USGC demand for Supramax/Ultramax shipments leads to rate cuts by owners25 April 2024, Published under Cement NewsBy Brannvoll ApS, Denmark The USG Supramax/Ultramax freight market showed positive tendencies during the first half of March, mainly driven by a strong market in the east coast of South America where the grain season is actively gaining momentum. In the second half of March, USG rates started slipping with fresh demand lacking, coupled with lower fixing activity levels as the market approached the Easter weekend. Supramax freight rates for petcoke from Houston, USA, March 2019-M... |
USG Supramax rates seeing end-of-month decrease25 March 2024, Published under Cement NewsBy Brannvoll ApS, Denmark It was a positive start to the month for Supramax shipowners in the USG region. The rates were increasing on fronthaul routes on the back of the tight tonnage supply for prompt dates in the area. Meanwhile, the transatlantic segment looked quiet, and rates were flat. In the middle of the month, the market started being in stand-off. Quite a few fresh cargoes were accompanied by an even greater influx of new vessels. Charterers were happy to wait and see if the to... |
Supramax rates fell significantly on all routes amid slow start to the year23 February 2024, Published under Cement NewsBy Brannvoll ApS, Denmark The year started on a negative note for Supramax owners in USG. Rates were rapidly falling amid a lack of cargoes and a growing tonnage supply. Closer to the end of the month, the negative trend took a hold and freight rates stabilised thanks to more grains and petcoke offers on fronthaul routes. Freight rates for transportation of a Supramax-lot of petcoke from Houston to ARA ports with spot laycans are at US$21/t on average. Deals for delivery of 50,000t of ... |
High volatility in USG Supramax/Ultramax markets22 January 2024, Published under Cement NewsBy Brannvoll ApS, Denmark The first half of the month went very well for the Supramax/Ultramax owners in USG. The market was strong with levels increasing considerably as demand remained healthy for December dates and there was minimal tonnage supply to handle an increasing volume of cargo requirements. Nevertheless, closer to the end of the month, the USG market started getting softer due to limited fresh demand being introduced. Amid the upcoming holidays most requirements with spot ... |