According to the Shanghai Aviation Exchange, the overall market for international dry bulk transportation has been rising steadily this week. Demand for iron ore and coal transportation has improved in stages, and freight rates for various ship types have risen to varying degrees. Looking at specific ship types, the Cape ship market first rose and then fell. From last weekend to the beginning of this week, Pacific iron ore pallets increased, and freight rates continued the upward trend in the previous period; however, starting in the middle of this week, the popularity of market transactions continued to cool down, the phenomenon of low price transactions increased, and freight rates declined. In the Panamanian ship market, shipments of Indonesian coal and Australian coal increased at the same time this week. Coupled with the previous typhoon, delays in shipping schedules for some ships and another rise in fuel prices were double supported, and daily ship rents continued to rise. Demand for transportation of all major types of cargo has picked up in the ultra-portable ship market. The supply of capacity in the market is relatively tight, and daily rents have risen slightly. On July 16, the Far East Dry Bulk Rent Index released by the Shanghai Shipping Exchange was 2152.14 points, up 4.5% from the previous period.

According to the Shanghai Aviation Exchange, the overall market for international dry bulk transportation has been rising steadily this week. Demand for iron ore and coal transportation has improved in stages, and freight rates for various ship types have risen to varying degrees. Looking at specific ship types, the Cape ship market first rose and then fell. From last weekend to the beginning of this week, Pacific iron ore pallets increased, and freight rates continued the upward trend in the previous period; however, starting in the middle of this week, the popularity of market transactions continued to cool down, the phenomenon of low price transactions increased, and freight rates declined. In the Panamanian ship market, shipments of Indonesian coal and Australian coal increased at the same time this week. Coupled with the previous typhoon, delays in shipping schedules for some ships and another rise in fuel prices were double supported, and daily ship rents continued to rise. Demand for transportation of all major types of cargo has picked up in the ultra-portable ship market. The supply of capacity in the market is relatively tight, and daily rents have risen slightly. On July 16, the Far East Dry Bulk Rent Index released by the Shanghai Shipping Exchange was 2152.14 points, up 4.5% from the previous period.