Cement News tagged under: supramax
USG freight market sees softening rates23 January 2023, Published under Cement NewsBy Brannvoll ApS, Denmark USG Supramax freight market sentiment throughout the month was about negative undertones due to a somewhat thinner cargo book. Rates for shipments from the region were softening with more tonnage entering the market and owners having to chase bids and discount if they want to cover. Demand levels were below average for the time of year, mainly due to the ongoing logistic issues in the Mississippi River, where low draught issues complicate barge traffic and slow d... |
USG freight market stable supported by demand10 January 2023, Published under Cement NewsBy Brannvoll ApS, Denmark The USG Supramax freight market remained largely supported during the month, especially on fronthaul routes as petcoke demand remained strong and shipments to India and the Far East were regular. Additionally, grain cargoes were entering the market more often thanks to resolved logistic issues in the Mississippi River (low draught issues in the Mississippi River complicated barge traffic and slowed down exports considerably last month). Owners started to rais... |
Stronger freight prices seen as demand growing in grain season25 October 2022, Published under Cement NewsThe USG Supramax/Ultramax market is in a positive mode. Excessive tonnage supply was absorbed fast as demand was gradually appearing, particularly on fronthaul routes. Charterers had to improve their bids as owners started showing resistance. Consistently strong fronthaul demand and a lack of spot tonnage supply meant rates continued to move upwards. Supramax freight rates for petcoke from Houston, USA Average freight rates for transportation of a Supramax-lot of petcoke from... |