News & Analysis - Shipping
london (Platts)--28 Apr 2015 1134 am EDT/1534 GMT
A decline in Turkish demand for petcoke and scrap metal in the past five
months has created a "Turkey-shaped hole" in the Atlantic Supramax market,
causing a softening in freight rates to Turkey since the start of 2015, while
exacerbating the persistent tonnage overhang in the North Atlantic, according
to shipping sources.