Tonnage
Significant increase in the amount of ships able to make early/mid December dates. Furthermore, some more supply will come from India as a few vessels are currently discharging.
Cape+ Sailings
A few strong days out of Brazil even after the end of the month - sailings averaging 1.1m dwt/day. If Sao Paolo GP Qualifying session is any guidance, it is starting to look quite wet in South Brazil! Africa flat at 0.7m dwt/day.
Brazil Congestion
Brazil Cape+ congestion steady, PDM up to 6.8m dwt with 15 VLOC’s at anchorage.