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日本海事新聞ニュース Japan Maritime Daily Jul 22, 2026 (Wed)

‌【Baltic Weekly Market Report】 (July 13–17): Capesize softens to $37,000

Trend in the BDI (Baltic Dry Index, 1985=1000)

　■ Capesize 　The market lost momentum over the course of the week, reversing its strong start as sen ・・・続きはログインして下さいnext %E3%80%80%E2%96%A0+Capesize+%3Cbr%3E%E3%80%80The+market+lost+momentum+over+the+course+of+the+week%2C+reversing+its+strong+start+as+sentiment+deteriorated+in+both+the+Pacific+and+Atlantic+basins%2C+and+ended+the+week+on+a+markedly+softer+note.+%3Cbr%3E%E3%80%80At+the+start+of+the+week%2C+freight+rates+continued+to+rise+from+the+previous+week%2C+supported+by+healthy+market+participation+by+resource+companies+in+the+Pacific+and+bullish+shipowners+in+the+southern+Brazil%2FWest+Africa-China+trade%2C+despite+higher+bunker+prices+amid+the+situation+in+the+Middle+East.+However%2C+this+support+proved+short-lived.+%3Cbr%3E%E3%80%80In+the+Pacific%2C+although+major+resource+companies+remained+active%2C+fixture+levels+gradually+declined+as+pressure+on+shipowners+intensified+and+cargo+volumes+were+insufficient+to+absorb+prompt+open+tonnage.+Freight+rates+on+the+Western+Australia-China+route+%28C5%29+retreated+from+the+mid-%2413-per-tonne+range+at+the+start+of+the+week+to+the+high-%2411-per-tonne+range+by+the+end+of+the+week.+%3Cbr%3E%E3%80%80The+Atlantic+initially+received+a+boost+to+sentiment+at+the+start+of+the+week+from+bullish+fixture+reports+for+the+Brazil-China+route+%28C3%29+in+the+high-%2434-per-tonne+range%2C+but+momentum+was+dampened+as+the+bid-offer+spread+widened+significantly+and+liquidity+deteriorated.+%3Cbr%3E%E3%80%80Limited+bids%2C+growing+uncertainty+over+forward+cargoes%2C+and+softer+fixture+levels+weighed+on+sentiment%2C+with+C3+offers+falling+below+%2433+per+tonne+by+the+weekend.+The+North+Atlantic+also+edged+lower+as+activity+in+fronthaul+%28Atlantic-Pacific%29+and+Atlantic+round+trips+cooled.+%3Cbr%3E%E3%80%80The+average+rate+across+the+five+major+Capesize+routes+rose+from+%2442%2C641+at+the+start+of+the+week+to+a+peak+of+%2443%2C086%2C+before+falling+by+about+%245%2C000+to+close+at+%2437%2C156.+By+the+weekend%2C+the+market+had+been+pushed+fully+onto+the+defensive.+%3Cbr%3E%E3%80%80%E2%96%A0+Panamax+%2F+Kamsarmax+%3Cbr%3E%E3%80%80Overall%2C+it+was+a+fairly+subdued+week%2C+with+brokers+frequently+using+terms+such+as+%E2%80%9Cflat%2C%E2%80%9C+%E2%80%9Cstable%2C%E2%80%9C+and+%E2%80%9Csluggish%E2%80%9C+in+their+daily+reports.+%3Cbr%3E%E3%80%80Freight+rates+in+the+North+Atlantic+were+largely+unchanged+due+to+a+favorable+balance+between+supply+and+demand.+Demand+for+Atlantic+round+trips+exceeded+that+for+fronthaul+voyages+throughout+the+week%2C+and+fronthaul+demand+lost+further+momentum+as+the+week+progressed.+An+82%2C000-DWT+vessel+%28Type+82%29+was+fixed+at+%2435%2C000+for+a+grain+shipment+from+the+east+coast+of+South+America+to+Spain%2C+while+several+other+vessels+of+the+same+type+were+fixed+at+%2425%2C000+for+round+trips+carrying+minerals+and+grain+from+the+Continent%2FGibraltar.+%3Cbr%3E%E3%80%80The+South+Atlantic+remained+active+with+continued+fixtures%2C+but+freight+levels+again+remained+largely+flat%2C+with+standard+Type+82+vessels+fixed+at+between+%2420%2C000+and+%2421%2C000+for+round+trips+delivery+Singapore+on+a+mid-August+arrival+basis.+%3Cbr%3E%E3%80%80Meanwhile%2C+forward+cargoes+were+mostly+fixed+at+around+%2453+per+tonne+on+a+voyage+charter+basis%2C+with+rates+rising+due+to+higher+bunker+prices.+%3Cbr%3E%E3%80%80The+Asian+market+edged+up+slightly+as+the+week+progressed.+This+was+mainly+driven+by+Australian+minerals%2C+which+achieved+%2417%2C500%E2%80%93%2418%2C000+for+round+trips+on+standard+type+vessels.+North+Pacific+grain+also+lent+support%2C+reaching+%2417%2C000.+However%2C+the+market+is+polarized%2C+with+only+prompt+open+tonnage+achieving+the+aforementioned+levels.+Subsequently%2C+Southeast+Asian+cargo+volumes+recovered+following+weather-related+delays%2C+helping+to+provide+fresh+options+for+the+growing+prompt+open+tonnage.+%3Cbr%3E%E3%80%80Interest+in+period+charters+also+increased%2C+and+with+some+owners+moving+to+hedge+their+risk%2C+short+periods+achieved+around+%2418%2C250%2C+while+a+Type+82+fixed+at+around+%2417%2C750+for+one+year.+Index-linked+contracts+were+also+popular.+%3Cbr%3E%E3%80%80%E2%96%A0+Ultramax%2FSupramax+%3Cbr%3E%E3%80%80It+was+a+largely+uneventful+week.+Rates+in+the+North+American+market+declined+throughout+the+week%2C+with+both+routes+falling+by+more+than+%241%2C000+from+the+previous+week%E2%80%99s+highs.+A+Type+63+vessel+fixed+at+%2431%2C000+for+a+grain+cargo+from+Southwest+Pass%2C+U.S.%2C+to+Europe.+%3Cbr%3E%E3%80%80The+South+was+position-dependent%2C+with+certain+vessels+continuing+to+command+strong+rates.+A+Type+64+vessel+fixed+at+nearly+%2430%2C000+from+Lagos%2C+Nigeria%2C+via+Owendo%2C+Gabon%2C+to+China.+%3Cbr%3E%E3%80%80Europe+was+steady+amid+limited+activity%2C+while+the+Mediterranean+was+firm+due+to+a+shortage+of+tonnage+in+the+East%2C+although+the+Western+Mediterranean+was+comparatively+softer.+The+Indian+Ocean+remained+at+similar+levels%2C+with+a+Type+63+vessel+fixing+at+%2424%2C000+from+South+Africa+to+China%2C+with+a+%24240%2C000+ballast+bonus.+%3Cbr%3E%E3%80%80The+Asian+market+edged+up+over+the+week%2C+with+a+Type+63+vessel+fixed+at+between+%2423%2C000+and+%2424%2C000+from+North+China+to+West+Africa.+Interest+in+period+charters+also+revived%2C+with+Ultramax+vessels+fixed+at+around+%2422%2C500-%2423%2C000+for+4-6-month+and+5-7-month+periods+from+North+China.+Overall%2C+the+index+closed+higher+than+at+the+end+of+the+previous+week%2C+although+gains+in+Asia+were+somewhat+offset+by+declines+in+North+America.+%3Cbr%3E%E3%80%80%E2%96%A0+Handysize+%3Cbr%3E%E3%80%80Overall%2C+it+was+a+soft+week%2C+with+sentiment+largely+dependent+on+positioning+and+limited+momentum+in+both+basins.+Europe+and+the+Mediterranean+remained+relatively+stable%2C+with+fresh+demand+and+resilient+sentiment+keeping+rates+balanced.+%3Cbr%3E%E3%80%80A+Type+39+vessel%2C+which+became+open+in+Gda%C5%84sk%2C+Poland%2C+on+July+9%E2%80%9311%2C+was+fixed+at+%2414%2C750+for+a+grain+voyage+from+northern+France+to+West+Africa.+In+contrast%2C+the+South+Atlantic+and+the+Gulf+of+Mexico+softened+as+the+week+progressed%2C+with+limited+fresh+inquiries%2C+weak+bidding+and+a+lengthening+tonnage+list+weighing+on+sentiment.+%3Cbr%3E%E3%80%80A+Type+37+vessel%2C+open+in+Fortaleza%2C+Brazil%2C+on+July+12%2C+was+fixed+at+%2427%2C000+from+Recalada%2C+Argentina%2C+to+Chile%2C+while+another+Type+37+was+fixed+at+%2418%2C500+from+Southwest+Pass%2C+U.S.%2C+to+Mexico%E2%80%99s+east+coast.+%3Cbr%3E%E3%80%80Activity+in+Asia+was+subdued%2C+with+rates+under+pressure+from+oversupply+and+weak+cargo+demand.+A+Type+28+vessel+was+fixed+at+%2411%2C500+for+a+cement+cargo+from+northern+Vietnam+to+Singapore.+Period+charters+were+also+limited%2C+with+only+a+Type+28+vessel+that+became+available+in+Luanda%2C+Angola%2C+on+July+14-15+fixed+for+a+short+period+at+%2411%2C500.+%3Cbr%3E%E3%80%80%E2%96%A0+VLCC+%28Very+Large+Crude+Carrier%29+%3Cbr%3E%E3%80%80Amid+continued+tensions+in+the+Middle+East%2C+VLCC+freight+rates+continued+to+rise+during+the+week.+The+freight+index+for+the+Middle+East-China+route+is+currently+assessed+at+WS+%28Worldscale%29+372%2C+a+further+15+points+higher+than+at+the+end+of+the+previous+week%2C+equivalent+to+a+TCE+%28time+charter+equivalent+earnings%29+of+%24368%2C900.+%3Cbr%3E%E3%80%80The+Gulf+of+Oman-China+route+fell+16+points+to+WS163+on+July+16%2C+with+TCE+exceeding+%24139%2C700.+%3Cbr%3E%E3%80%80In+the+Atlantic+market%2C+the+West+Africa-China+route+fell+13%25+to+WS146%2C+with+round-trip+TCE+at+%24116%2C500.+%3Cbr%3E%E3%80%80Total+freight+on+the+Gulf+of+Mexico-China+route+fell+by+%24263%2C000+to+%2417%2C155%2C500%2C+while+TCE+came+in+at+just+over+%24106%2C900.+%3Cbr%3E%E3%80%80%E2%96%A0+Product+carrier+%3Cbr%3E%E3%80%80The+WS+for+the+LR+%28Large+Range%29+2+Middle+East-Japan+route+%28TC1%29+continued+to+rise%2C+gaining+70+points+to+432.+Total+freight+for+the+Middle+East-Europe+route+%28TC20%29+increased+from+%247.94+million+to+%248.66+million.+In+the+European+market%2C+total+freight+for+the+Mediterranean-Far+East+route+%28TC15%29+was+around+%244.2+million+throughout+the+week%2C+with+the+corresponding+round-trip+TCE+at+just+over+%2416%2C300+per+day.+%3Cbr%3E%E3%80%80The+WS+for+the+LR1+Middle+East-Japan+route+%28TC5%29+also+rose%2C+gaining+84+points+to+444.+Total+freight+rates+for+the+Middle+East-Europe+route+%28TC8%29+rose+by+%24717%2C000+to+%246.32+million.+%3Cbr%3E%E3%80%80The+WS+rate+for+the+MR+%28Medium+Range%29+Middle+East-East+Africa+route+%28TC17%29+rose+from+411+to+490%2C+with+round-trip+TCE+reaching+%2455%2C500+per+day.+The+European+market+fluctuated+significantly%2C+with+the+WS+rate+for+the+ARA+%28Amsterdam%2C+Rotterdam+and+Antwerp%29-U.S.+Atlantic+Coast+route+%28TC2%29+briefly+rising+to+nearly+150+before+returning+to+140+at+the+time+of+writing%2C+with+round-trip+TCE+at+%243%2C300+per+day.+%3Cbr%3E%E3%80%80MR+rates+in+the+Gulf+of+Mexico+turned+downward.+The+WS+rate+for+the+Gulf+of+Mexico-Europe+route+%28TC14%29+fell+38+points+to+212%2C+with+current+round-trip+TCE+at+%2419%2C600+per+day.+Total+freight+rates+on+the+Gulf+of+Mexico-Caribbean+route+%28TC21%29+fell+by+%24350%2C000+to+%24857%2C000%2C+while+TCE+declined+to+%2426%2C200+per+day.+The+Atlantic+Triangulation+Basket+TCE+fell+from+%2437%2C800+to+%2428%2C100+per+day.+%3Cbr%3E%E3%80%80The+WS+rate+for+the+Handymax+trans-Mediterranean+route+%28TC6%29+rose+slightly+and+currently+stands+at+169%2C+up+5+points.+The+UK-Continental+Europe+route+%28TC23%29+also+rose%2C+with+the+WS+rate+currently+at+200+and+round-trip+TCE+at+%2415%2C600+per+day.+%3Cbr%3E%28Source%3A+Baltic+Exchange%29+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E6%83%85%E5%A0%B1%E3%82%92%E8%AA%8D%E8%AD%98%E3%83%BB%E5%88%86%E6%9E%90%E3%81%97%E3%81%A6%E7%B5%90%E6%9E%9C%E3%82%92%E5%87%BA%E5%8A%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E4%BD%BF%E7%94%A8%E3%81%97%E3%81%9F%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%A7%E3%81%82%E3%82%8B%E3%81%93%E3%81%A8%E3%82%92%E5%8D%81%E5%88%86%E3%81%AB%E7%90%86%E8%A7%A3%E3%81%97%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E5%88%A9%E7%94%A8%E3%81%99%E3%82%8B%E3%82%82%E3%81%AE%E3%81%A8%E3%81%97%E3%81%BE%E3%81%99%E3%80%82%3Cbr%3E