Release date: 2012/03/23

     The Baltic dry index continued to rise 6.1% this week. Panamax freight index rose 9.2%, the market is expected to reduce South American soybean production in the bean sells well, empty vessel digestion prompted the Atlantic market continues to rebound, between market rent levels, up 32.6%; Domestic power plant coal demand and international coal prices eased coal import demand increase, the Pacific market rent is high and volatile, back and forth down slightly. Capesize freight rates fell by 2.5%, under the excess capacity to crack down on the bottom of the freight index. Super handy-size freight index rose 10.1%, the beautiful bay and continental region under the strong coal demand continues to rise sharply 23.6%, nickel ore demand remains strong, Pacific market rents continue to go up.
     This week in the Baltic sea crude oil transport index rose 6.5% month-on-month, VLCC combined: trading, freight rates continued to rise; Clinch a deal the suez ship: active, freight rate rise; Fulla ship: more deals, freight rate rise. Refined oil transport index BCTI - fell 3.9%.
     Oil prices edged down both New York and London, but is still in the high and volatile.
     China's coastal bulk freight index continues to rebound, edged up 3.3% this week. Coal demand and capacity retention port to coastal coal rate continues to rebound, up 4%; Coastal iron ore and grain market led to rise in coal transportation market, the iron ore freight rate up 2.4%; Grain rate up 10.1%.
     China's export container freight index continued to rise 4.4% this week. A new version of the Shanghai containerised freight index rose 4.5%. European routes: owners continue to adhere to increases, the average space utilization rate dropped to 85%, slightly edged down 0.6% of the line. And many ship companies announced in early April has once again raised the routes to market rate, amplitude at about $400 per TEU. North American routes: the average space utilization rate of the spanish-american routes remain at around 90%, eastern airlines remain at around 95%, rose to 95%, the spanish-american rate rose 13.6%, eastern rate up 7.6%. Japan airlines: space utilization rate around 70% on average, the market rate were little changed last week.