BMTI Daily Snippet
July 01, 2009 at 02:00 PM
Tom Beney, business manager for Cargill Ocean Transportation [...] characterised the dry bulk dynamic of mid-2008 as a "complete disconnect between what people were willing to pay for freight and the 'real' market value of it." Co-panellists [...] at the Coaltrans Dry Bulk Shipping Summit, seemed mostly in agreement with the sentiment. www.bmti-report.com
Imarex Daily Brief
July 01, 2009
Nothing too new on the V front. The July tally is up to 48 – placing us at about the 50% mark for the month. Position lists appear to favor Charterers going forward – though not by enough to minimize their efforts to keep rates where they are. The Atlantic basin has softened further as...
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