MID-SHIP Petcoke Report – January 7, 2026

January 7, 2026

Market overview:  

Handysize rates softened further, with the BHSI at 624 and 7TC averaging $11,229/day. Activity in the Continent, Med, and U.S. Gulf remains muted amid abundant spot/prompt ships, while South Atlantic fixtures held near $16,000/day for trips to Europe and Morocco. Asian sentiment stays weak despite some fresh demand. Supramax values continued to slide, with the 11TC average at $12,549/day. Limited Atlantic inquiry and oversupply weigh on rates, while Asia sees modest support from coal runs. Panamax shows relative resilience, supported by fronthaul demand and period interest. P5TC rose to $11,851/day, with short-period fixtures reported at $14,250–$15,250/day and NoPac rounds in the low $12,000s. Capesize weakened further, with the 5TC down to $26,098/day amid lengthening tonnage lists.

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