Yesterday (3 Nov) saw a meeting of the Kamsarmax Working Group take place at the Baltic Exchange. The Group is looking at a potential new kamsarmax benchmark vessel and routes. Meetings are open to Baltic members. Click here to view the proposals put before the group. (Password protected area accessible by Baltic members only).
It should be noted that nothing has been decided and that there will be a number of Kamsarmax Working Group discussions on relevant points to obtain consensus. Once the Working Group has reached consensus, its findings will be presented and discussed with the wider market so that a recommendation can be made to the BEISL Board for its approval or further comments.