ECSA F/H Supramax/Ultramax market enjoys support

The South Atlantic Supramax/Ultramax market shows improved activity and some cautious optimism seems to reappear. Fresh offers are flowing in at a regular pace and demand for Ultramax vessels is supported by charterers who switch from expensive Panamax ships:
TCT rates for Ultramax fleet bss dely ECSA redel FEast are hovering at $20-21k daily + $1-1.1 mln bb, those for large Supramax vessels at $19-20k daily + $900k-1 mln bb on average;
The deal for an Ultramax carrier bss dely ECSA redel China is discussed at low $20s k daily + low $1s mln bb;
A 55k dwt ship has been fixed at $19k daily + $900k bb bss dely ECSA redel China;
The deal for a Supramax vessel bss dely WAfr redel FEast has been signed at $33.5k daily;
Transportation of 40,000 of corn from Argentina to Yemen may cost $82-84/t, which is equivalent to $26-28k daily bss APS WAfr.

TCT rates for Supramax/Ultramax fleet bss dely ECSA redel Skaw-Passero are hovering at high $30s - low $40s k daily;
The deal for a 53k dwt carrier bss dely ECSA redel Continent has been signed at mid-$30s k daily;
The contract for a 56k dwt ship bss dely ECSA redel WAfr has been concluded at $36k daily;
A 55k dwt vessel has been fixed at $20k daily bss dely WAfr redel UK;
The contract for shipment of 35-40,000 t of grains from Upriver to Algeria with late June laycans is discussed at $62/t vs. $65/t, which gives the TCE of $37k daily vs. $40k daily for an Ultramax vessel;
Transportation of a Supramax lot of iron ore from WAfr to Spain is discussed at $27-29/t, which gives the TCE of $18-19k daily.

Meanwhile, the Handy market has collapsed:
TCT rates for large Handy fleet bss dely ECSA redel Skaw-Passero are hovering at mid-high $20s k daily;
The deal for a Handy vessel bss dely ECSA redel Skaw-Passero is discussed at $25-26k daily, while a few weeks ago such ship could easily secure mid-high $30s k daily;
The contract for a 56k dwt carrier bss dely ECSA redel EMed is negotiated at $30-33k daily;
Rates for ECSA coastal trips are hovering at high $20s k daily;
A 37k dwt ship has been fixed at mere $20k daily bss dely ECSA redel USG;
The contract for a large Handy vessel bss dely ECSA redel WCSA is discussed at low-mid $20s k daily;
A 35k dwt carrier has been chartered at $24k daily bss dely ECSA redel FEast;
Transportation of 30,000 t of grains from Upriver to Algeria is negotiated at $75/t vs. $76/t, which gives the TCE of $24k daily vs. $27k daily for a 38k dwt vessel bss APS ECSA;
The deal for shipment of 30,000 t of grains from Upriver to Morocco is discussed at $71/t vs. $74/t, which gives the TCE of $23k daily vs. $26k daily for a 38k dwt carrier bss APS ECSA.