The Supramax index fell 10 points to 1,032 points.
Furthermore, the Company has completed the sales of two Chinese built Supramax vessels.
Supramax/ Ultramax vessels,
which are constructed with on-board cranes, range in size from approximately 50,000 to 65,000 dwt.
Supramax/ Ultramax vessels,
which are fitted with on-board cranes, range in size from approximately 50,000 to 65,000 dwt.
Similarly, Supramax earnings rose from $4,544 per day on 6 February 2019 to
$8,474 per day on 7 March 2019.
Even without an increase in Canada and Mexico's share of US imports,
more than 100 Supramax shipments a year would be lost.
The four bulkers are a 58,000 dwt Supramax built in 2010, a 64,000 dwt Supramax resale newbuild,
a 37,000 dwt Handysize constructed in 2015 and a 37,000 dwt Handysize resale newbuild.
The remaining US$240 million were drawn on 28 September 2018 and refinanced in full a group of 26 vessels, namely four
newcastlemax, four capesize, two post panamax, 14 kamsarmax and 2 Supramax vessels.
The remaining $240 million were drawn on September 28, 2018 and refinanced in full a group of 26 vessels, namely 4
Newcastlemax, 4 Capesize, 2 Post Panamax, 14 Kamsarmax and 2 Supramax vessels.
At the levels recorded on 31 January 2019, Handysize, Supramax and Panamax all had earnings of about $6,000 per day, whereas
the 180,000 DWT Capesize ships earned only a little more than $11,000 per day.
The international shipping company that provides marine dry bulk transportation services said in a press release that it has entered into definitive agreements with unaffiliated third
parties for the purchase of a modern secondhand Capesize vessel and the sale of two Supramax drybulk vessels.