The situation keeps worsening for the owners of Handysize/Supramax fleet in the Baltic&Continent. The cargo offer remains limited, while the number of available vessels is on the rise. In these circumstances, the suppliers insist on lower transportation charges. The time-charter rates for shipments on the main routes have sagged by $1k daily on average. The Supramax time-charter bss APS dely Continent redel FEast is now quoted at $12k daily. A Handysize carrier has been chartered at $10k daily bss dely passing Skaw via Baltic redel Alexandria. Voyage-basis rates have dropped by $0.5-1.5/t. A Handy-lot of fertilizers can be transported from the Baltic ports to Santos at $20-20.5/t, and even at $17-19/t in case of wider laycan.
