NEWS

Last week, China's import dry bulk transport market continued to rise from the previous week, the sea cape ship freight rates unexpectedly continued to pull up. China's import dry bulk composite index, freight index, rental index in the pull of large ships once again refreshed the highest value of the year, but still lower than the same period last year. On June 25, the Shanghai Shipping Exchange released the China Import Dry Bulk Composite Index (CDFI) of 621.91 points, the freight rate index of 637.14 points, and the rental index of 599.08 points, up 9.7 percent, 4.3 percent and 19.5 percent week-on-week.

the
of the capesize ship market, the capesize ship market continued to heat up, and freight rates hit a new high for the year, but there is still a large gap compared to the same period last year. Last week, Australia to China iron ore route charter and voyage charter transactions are more, the market demand for spot capacity is more strong, China North/Australia round-trip route voyage charter transaction prices set a new high for the year. Transaction records show that the 178000 deadweight ton ship, Zhanjiang spot delivery, through Australia, Singapore-Japan range to return the ship, the transaction day rental of $9500. On Thursday, the daily rent for the route was $8533, up 39.8 percent week-on-week. On the one hand, June 22-23 Capesize ship FFA forward contract prices began to rise again, creating a positive atmosphere for the market; the first two weeks of Brazilian iron ore weekly exports reached a high level of more than 7 million tons, last week Brazil and South Africa are still being traded out, and transaction freight rates are still rising week-on-week. The transaction records at the beginning of the week showed that the loading period was in late July, and the transaction price of the route from Tubarang to Qingdao in Brazil was 12.9 US dollars/ton. It is reported that there have been transactions of more than 13 US dollars/ton in the market. The loading period is mid-July, and the transaction price of the route from Saldanha to Qingdao in South Africa is US $9.55/ton. On Thursday, the Shanghai Shipping Exchange released a freight rate of US $13.131 per ton on the route from Tubalang to Qingdao in Brazil, a record high for the year, up 4.3 per cent from the previous week and down 40.3 per cent from the same period last year. South Africa's Saldanha to Qingdao route was $9.380 a tonne, up 9.6 per cent on a week-on-week basis and down 34.1 per cent from a year earlier. In the Pacific market, iron ore transactions on the route from Australia to Qingdao are still relatively active. It is reported that the transaction price with a tight shipping schedule has reached US $6/ton. On Thursday, the freight rate on the Dampier-Qingdao route in Australia was 5.838 US dollars/ton, up 6.5 per cent from the previous week and down 24.7 per cent from the same period last year.

in the Panamanian ship market in
, freight rates in the Panamanian ship market rose first and then fell. From the transaction point of view, the Pacific market has some coal shipping transactions from Indonesia and Australia's east coast to China, Japan and India. In addition, the demand for grain shipping in South America increased in the early days, attracting a lot of transportation capacity. After the freight rate in the Pacific market rebounded slightly under the pull of South America, the pace of transactions in South America slowed down, the positive sentiment in the market cooled slightly, and the freight rate began to show signs of weakening. Transaction records show that the 82000 deadweight ton ship was delivered to Qingdao in early July and returned via Indonesia and India, with a daily rental of US $6250. APS is the main route from Indonesia to China, with 73000 dwt ships. At the end of June and the beginning of July, Samarinda in Indonesia delivered the ships and Hong Kong, China returned the ships. The daily rental for the transactions was US $5750 plus US $65000 in air release subsidies. On Thursday, the daily rent for the Panamanian ship TCT, a round-trip route from South China to China via East Australia, was US $5600, up 6.9 per cent from the previous week. The freight rate on the route from Samarinda, Indonesia to Guangzhou, China, was $4.629/tonne, up 5.0 percent from the previous week. In terms of grain, due to the increase in shipments from South America in the early stage, the freight rate of the grain route from Santos in Brazil to the port in northern China rose to the highest point of US $24.509/ton since January 14 on Friday. After that, pallets were reduced, more capacity was put into South America, and freight rates began to weaken. On Thursday, the freight rate on the grain route from Santos, Brazil to the northern port of China was 24.175 US dollars/ton, up 0.5 per cent from the previous week. The freight rate for the grain route from Tacoma to northern China was $16.362/tonne, up 0.5 per cent from the previous week.

Super-smart ship market in

Pacific market super-smart ship freight rates fluctuate slightly. On Thursday, the daily rent of TCT, a super-flexible ship on the round-trip route from southern China to Indonesia, was US $4760, up 4.3 percent from the previous week. The freight rate for the coal route from Tabanio, Indonesia to Guangzhou, China was US $5.780/ton, up 3.1 percent from the previous week. The freight rate for the Philippine suri-high to Rizhao nickel mine in China was 7.092 US dollars/ton, up 1.2 percent from the previous week.