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Supramax news

Pacific Basin takes small hit from COVID-19

Pacific Basin Shipping Ltd, one of the world’s leading dry bulk shipping companies, has recently announced unaudited condensed consolidated results of the company and its subsidiaries for the 6 months ended 30 June 2020.

 
 
 

BIMCO releases report on the smaller dry bulk segments

BIMCO has recently released a report on how the fundamental balance will continue to deteriorate in 2020, offering little support to operators hoping to pass on higher fuel costs, caused by the sulfur cap, to shippers.

 
 

Higher rates for smaller vessels lift Baltic index

The Baltic Exchange’s main sea freight index has recently edged higher as gains in the Panamax and Supramax vessel segments offset lower capesize rates, Reuters reports.

 
 

Baltic index slips as capesize rates fall

The Baltic Exchange’s main sea freight index has fallen, as a drop in rates for capesize vessels outweighed a rise in other vessel segments.