What’s hot today ? OIL !! + 8% today For sure, Vienna was the place where you shall put your ears in case you were wondering when to book your next Bunker stem. Opec’s members just announced they found a deal to cut output by 1.2Million barrels / day.  What to do then? Rush to book your […]

Read More Vienna – center of the oily world –

Happy birthday. Exactly 8 years ago it was the kick off for the new era, the one which we have been enjoying so far, 8 years ago Lehman Brother collapsed and few days after, confidence in drybulk shipping vanished. We are still wondering where to start to look at to find this shy confidence. We […]

Read More Happy birthday to the shipping world

Today’s being Black Friday, you have a promo with 2 market reports in the same day. Capers back to where they were early in november. Panamax are not ready yet to follow the big sister path as quite an amount of fresh cargoes shall keep up this segment active in the days to come Supras […]

Read More Market report/ black friday promo. 2 for the price of 1 – take your abacus to check discount

Good day, good morning, BMTI guys seems to be sleeping today or digesting the turkey, so no daily report to support my daily thoughts. Luckily, I still have few things to tell you about the market and the way things are going. Good news are also bad news, just a matter of on which side […]

Read More good news often comes with bad news

What’s up for today ? By now you shall be well connected in the shipping world and you shall be able to grasp great info on all the digital networks you’re on. No need to paraphrase what’s written by the pros but in summary : Capes rally seems to be over Panamax moving from exciting to boring […]

Read More Chuck would be the only “A1 First class”

As we can read COFCO « seeing 22usdpmt and aiming 18usdpmt » we can easily believe this is this cargo seen on the market « 25,000/10 MOLOO BARLEY ABT 52CFT WOG  ROUEN/DUNKIRK/LA PALLICE TO 1-2SB 1SP TUNISIA 32FT SWAD  10,000X/2,000X  1-10 DEC 3.75 ADC », without taking into consideration the stowing factor which seems to us bit short, as […]

Read More failing on subs could be a strategy? Nooo!

In summary, you’ll find some nice numbers for Owners reflecting the chartering market: Capers, Australian rounds surpassing the US$ 20’000 daily Panamax from Baltic to Northern Africa (med) owners seems to get US$ 17/18’000 daily Nopac rounds on Kmx higher than US$ 10’000 Blsea front haul on supras, over US$ 14’000 daily 57’000dwt from USG to […]

Read More have you ever wondered?

« sometime you have to accept not to understand », is not only the new Motto for all the polls institutions and medias who are still wondering what they have missed earlier this month with the election of Trump. Trust we can apply this motto to chartering people also. Really what a relief here to read in […]

Read More fool me once…

« Road to recovery »… are we on this road ? Bdi over 1’000points, long time ago the indexes did not reach this level. 19th aug 2015 is last time BDI was a 4 digits number. Yes the Capers are pretty well helping the way up, almost 300pts on last Friday, heading to 2303. Capers seems to be […]

Read More Digital, one way to get out of shipping crisis?

Good day Good afternoon, Very quiet day on the freight market, few countries are off, like France, but this shall not be enough to explain this quietness. (Well, note USA are also taking a break). One particular comment raised our intention in yesterday’s BMTI report, if you did not go through it, then you did […]

Read More ammonia might be the future for eco friendly ships… (it’s also a music band but nothing related to shipping I’m afraid)