The US Gulf Coast market is moving horizontally, but owners are continuing to ply back-haul routes, market sources said. An excess of open Supramax vessels is weighing on rates out of the USGC and the route from USGC to ARA (Amsterdam-Rotterdam-Antwerp) was assessed flat at $8,500/day on Tuesday.
Posted On:16-Jul-2014 Read More ... Credits: www.hellenicshippingnews.com |