In April, the international dry bulk cargo market performance is not ideal, the BDI index from early1520began to decline, until late in the 1250point stabilized near. Since April, the price of imported iron ore than the first quarter of this year, the average import price of miners, part to stop imports of iron ore, to domestic ore, the international iron ore trade volume is affected, Capesize market has reduced the demand for freight transport, face greater downward pressure. But as China main port of Australian ore stocks continued decline in weeks, by fill inventory under the influence of the psychology, Capesize freight rate has stabilized signs in the middle of April. Relatively speaking, Panama boat market in April to face greater pressure on the market. Hand Panama boat new capacity is continuously delivered, the apparent excess of market capacity. On the other hand, because the resources high commodity prices, some grain traders temporarily reduced shipments, freight demand fall. While coal prices relatively high and reduce domestic coal import demand, leading to the April Panama boat market freight rate relative to the other ship in rapid decline state. As a result of market demand overall drop, since this year showed robust Handymax ship market in April and the dry bulk market to keep pace down trend. Prospect of the May, the two quarter is China's steel production season, before June iron ore imports will increase, the market for coking coal and iron ore demand optimistic. BDI will be in the Cape-based ship and Panama boat freight rate drive usher in a rebound slightly, Handysize ships will still maintain the current level.
International tanker market
In April, international oil prices continue to run high, the International Energy Agency and the organization of petroleum exporting countries have issued a warning, the continued high price of oil demand and global economy have a role to suppress. The Persian Gulf to Japan route260000 ton ship freight rate in WS50 basic near. According to estimation, the freight routes currently under cost line, the market to determine rates may have fallen to the bottom. VLCC is expected in May in the bottom to stabilize the price will pick up somewhat.
With the crude oil transportation market, product tanker transport market relatively slightly better performance, the overall rise in tariffs. According to the London Maritime consulting agency estimates, March for use as a floating storage barrels of oil tanker with a total of 55ships, and the end of January levels compared with a 22% increase, and increased part mainly from finished product oil tanker. In April the Japanese part chemical plant to resume production, to Japan route at the end of 4and early5naphtha pallet support rate to increase. Considering the current Asian routes absolute rate low, estimated this momentum will be maintained for a period of time.
International container shipping market
In April China's export container transportation market overall demand is steady in have litre, but suffer effect of excess capacity, Europe and the United States and other ocean freight routes continue to slump, composite index down concussion. European route transportation demand has increased slightly, but the supply capacity expansion continued under the influence of market freight rate, overall still downward trend. In North China, export volume continued to rise at the beginning of a more stable growth momentum; East China export volume is relatively stable, but the growth momentum is not strong; Southern China area transportation demand remains weak. Along with the second quarter of the route to Europe market gradually out of the traditional off-season, the company intends to raise market price, it is reported, at present already partial ship company announced May rise in price plan. North American routes with the upcoming season prices, the major shipping companies have begun to price hike.
The eastern route due to ship early company transport power control strictly, April market price begins to stabilize stabilized. The company said the ship, along with the two quarter of the traditional peak season is approaching, the volume is expected to continue to maintain growth momentum, so as to promote market price bottomed rebound. ANZ routes due to the Spring Festival since the ship company continued capacity contraction measures results show,