Page 181 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - ΜΑΙΟΣ 2023
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FREIGHT MARKET
Edited by Giannis Theodoropoulos
Based on data from VesselsValue
TRADE Capesize
Capesize cargo miles have shown an whereas the ballast laden speeds were
overall downward trend in the first quar- 11.73kts in January and 11.67kts in March
ter of 2023 from 1061.35 bn MT/NM in showing a decrease of 0.5% With the
January to 1,035.12 bn MT/NM IN March, overall cargo miles demand going down
(around 2.5% decrease) whereas supply potentially we will see both Laden and
has gone from 1,805 vessels in January to Ballast averages decrease over the next
1811 in March an increase of around 0.3%. quarter.
Average speeds have shown a mixed The top 5 exporting countries in terms
trend over the first quarter of 2023, with of tonnage for the first quarter of 2023
the average laden speed in January was were Australia (250.8.m MT), Brazil (70m
around 10.43 kts and around 10.75kts in MT), China (35.6m MT), Guinea (26.4m
March showing an increase of around 3% MT) and South Africa (22m MT).
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