Let’s put down a nice number for today’s report :
$3.00/mt for 30’000mt of iron ore from Yuzhny (with free da’s) to Eregli(which is about 1 day at sea).
(let’s assume it’s very fast terms at load/disch, but still $3.00 only, on such biz owners will have to think like the coaster ships. Bad timing and the ship spend 2 week-ends with time not counting if it’s fix SSHEX bends)
To make a short market comment : dear owners take a breath
And as if our industry would need it, as mentionned by BMTI, it’s getting more and more legally complex to scrap ships.