Coaster owners getting more bullish in Baltic and North Sea

摘要

The situation is looking more favorable for coaster owners working in the Baltic Sea. Players note the traditional autumn recovery in cargo traffic from local ports. Demand for fleet is strengthening in the basin, while the tonnage list is short. Some vessels are still involved in shipments on a contract basis, while spot tonnage supply is rather tight. Owners often report that their vessels have cover until midOct, thereby only fueling the market excitement. Charterers already face noticeable difficulties finding vessels of 3k and 5k dwt. Owners' ideas have grown noticeably, although charterers still try to restrain a significant rate upturn. Deals are quite often signed slightly above previous levels (€0.5-2/t up):