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Winter brings 'red hot' spot rates to ice-class ships

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Date
March 8, 2021
Categories
News

March 8, 2021, by Michael Juliano, updated March 9, 2021

Read complete article on TradeWinds

Fednav mention

Fednav, which owns and charters 120 ships including 18 ice-class supramax and handysize bulkers, also saw higher rates for ice-class tonnage but would not disclose achieved spot rates.

"The build-up of ice in northern Europe has been relatively high this year and, consequently, the demand for ice-class tonnage is high," Tina Revsbech, executive vice-president of marine at fednav, told TradeWinds.

"This, combined with high export volume from the area, is resulting in a premium for ice-class tonnage.”

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