The weekly maritime market overview reveals nuanced trends across different vessel segments. Capesize markets saw fluctuating activity with a decline in the Pacific, followed by a recovery driven by increased demand in the Atlantic. Meanwhile, Panamax rates experienced upward momentum, particularly in North Atlantic routes, supported by solid coal and grain demand. Ultramax/Supramax segments maintained positive momentum, with sustained demand from the US Gulf and South America contributing to optimistic sentiments. In the Handysize sector, limited tonnage availability in the Atlantic led to daily improvements, while Asia showed signs of positivity. Overall, the report provides a comprehensive snapshot of the dynamic conditions in the maritime industry.

SOURCE: GOOGLE