Friday, 13 January 2017 11:24

Market Report - January 13, 2017


        Capesize          Panamax            Supramax 
Index           1383        1042         739       
One week ago          1759          837         795
Spot time charter       $   10,343/day       $    8,312/day   $   7,729/day    
One week ago    $   13,176/day  $    6,692/day   $   8,310/day

Containers:  Container shipping spot rates hit a 20-month high this week on the major east-west liner trades and have risen above the average of the past five years, according to Drewry Shipping Consultants.The spot rate for shipping a 40-foot container from Asia to the United States jumped from the prior week, strengthening into a three-week rally as carriers keep capacity tight and importers restock ahead of factory slowdown two weeks away.   Spot rates to both coasts are now more than 35 percent higher.

Read 693 times Last modified on Friday, 13 January 2017 12:34
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