Demand for space remained slight out of the U.S. Gulf, probably due to the long holiday weekend. European volumes are thin. Deep-sea business failed to ignite, consigning many ships to another week of watching and waiting. Asia remains steady.
U.S. Gulf of Mexico
The U.S. market closed early in anticipation of the 4th July holiday weekend and thus did not contribute much to world trade. U.S. Gulf-to-Far East for instance saw very little new enquiry apart from a few parcels of phenol and ethanol quoted. Several prompt ships have open space and it may be a good moment to negotiate an attractive freight.