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Greek owner Diana Shipping fixed the 2013-built panamax Maera to Korea's Unico Logistics for 9-11 months at $11,900 per day, well above the $8,500 previously paid. The fixture reflects firming panamax charter rates during the September rally.
A single fixture at a higher panamax rate signals firmer time-charter costs for grain bulk carriers, which can add to ocean freight on feed grain cargoes.
splash247.comGrant RowlesSep 19, 2017Not 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.
