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Four midsize bulkers were placed on year-plus time charters at a premium to spot rates over the past few days, according to TradeWinds. Cargill's Jan Dieleman describes the panamax and kamsarmax market as pretty solid.
Term fixtures at premiums point to firmer medium-term shipping demand, which could support freight costs for grain and feed cargoes over the coming year.
tradewindsnews.comMichael Juliano, Eric Priante MartinJan 30, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
