Ocean Freight Comments
Transportation and Export Report: Jay O’Neil, O’Neil Commodity Consulting: As the dry-bulk freight markets sorted out the confusion of last week, they found it difficult to maintain the rally and ended the week on a softer note. I have adjusted the market spreads a little but overall there is not much change in rates this week from last. Freight markets are still in need of some positive demand news in order to move higher, and I do not see that looming on the current horizon.
