Pacific Handies struggle to continue rally as was seen when a 57,000 dwt open CJK fixed a nickel ore round via Indonesia with redelivery China at US$ 15,000 daily whereas another 57,000 dwt ship fixed basis Xingang for similar business at a softer US$ 12,500. A 55,000 dwt free Cebu fixed this trade via Indonesia into China at US$ 15,000 daily as did a 53,000 dwt basis DOP Hong Kong at US$ 12,500 daily, another 53,000 dwt free Huangpu went at US$ 11,000 daily and a 50,000 dwt open Rizhao at US$ 12,500 daily.
India inbound sees a 57,000 dwt fix delivery Singapore for a time charter trip via Indonesia with redel EC India at US$ 18,500 daily or WC India at US$ 19,500 daily. A 55,000 dwt vessel open Nagoya also fixed via Indonesia into India at US$ 11,500 daily as did a 50,000 dwt free Zhanjiang at US$14,000 daily. India outbound was slow: a 53,000dwt open Kandla was looking for US$ 13,000 daily into China a 56,000 dwt open Revdanda was looking for a similar rate and direction—so far without attracting interest. www.bmti-report.com