According to the Capesize C3 South Atlantic overview provided in the image below, during the third week of April, there was a notable 4% decrease in ballast vessels bound for the South Atlantic, coupled with a significant surge of 72 vessels waiting to load. Analysis of forthcoming arrivals in the South Atlantic over the next 40 days reveals a discernible uptick in vessel supply, both laden and unladen, within the 10 to 20-day timeframe. However, beyond the 30-day mark, there appears to be a pronounced increase in the availability of ballast vessels.
Gross supply criteria for the C3 route:
1. Ensure that the Estimated Arrival Time (ETA) to Tubarao is under 40 days.
2. If a ship is heading to the South Atlantic, it’s automatically counted.
3. Include Ballast vessels opening in Singapore/Malaysia, Argentina & Uruguay Thailand/Vietnam, East Coast India, and East Africa. If the forecasted load area is South Atlantic or unknown.
4. Include laden vessels opening on the Singapore/Malaysia, Pakistan/West Coast India, and Atlantic or unknown.
5. Exclude vessels with AIS destinations in Australia/ Indonesia/ South Atlantic: Brazil, Africa, Atlantic Coast, South Africa.
Net supply criteria:
Including Available Ballast, Available Laden, Waiting to Discharge and Discharging…