The ones of you being BMTI subsrcibers can find a nice summary of the -almost- over 2016 on chartering. Maybe tomorrow BMTI will send us a nice summary of what’s going to happen in 2017 on BDI, BCI, BPI, BSI and BHSI. Let’s believe in it. BMTI is starting his review with these words : « 2016 […]Read More transition again
Not that long ago I was mentioning here the delta between how quick can the traders switch their decisions when it comes to origin from where they book their stems and the ships speed at sea. see here speed is the limit (part 1) You’ll have notice Thomas Coville, on his fabulous sail boat named […]Read More speed is the limit (Part 2)
It’s with great pleasure to realize in the last couple of days how creative and modern our industry is. Coming to the office today was really worth it. Reading the Greetings for the christmas period by emails coming from all over the world. Even offices based in countries where Christmas means at least as much […]Read More pre christmas market report
Sure you had a great day yesterday and you managed to cope with the international theme of the 21st dec, which is obviously also the first winter day. Chartering market is starting to be looking at 2017, on the bunkers it’s looking like the average for the crude price will be in the 50/60usd range.(something […]Read More speed is the limit
Here we go. BHSI heads up to 600 today. The only ships size surviving to the gravity. The rally on the route from Atlantic is still not over, Ecsa to skaw pass still moving up by 274pts (@ USD13’472) and USG to skaw pass up by 143pts (@USS 14’700). Again no need to paraphrase what’s […]Read More is freight looking like lottery?
Freight market report in short Today’s BSI failed to reach the 1’000 points and declined by 7points (BDI dtd 15th dec), when BHSI is approaching the 600pts mark, still 4 points to go while Capers losing 17% / Panamaxes losing 6% No major changes Vs yesterday. On the Handies, the Atlantic routes keep their movement […]Read More bigger the stronger? not in shipping today
No much changes in the main fundamentals on the market. The little ones (Handies and Supras) have not finished they rally yet and Atlantic being the lead dog. Worth to notice today’s BHSI, HS3 ECSA to Skaw passero gaining 550points and heading towards the 13’000 mark while HS4 USG to Skaw Passero, still on the […]Read More market fundamentals…
A kind of slow Friday is about to conclude the week. They’re still quite a lot of cargoes open and so ships but seems like the ones which have not been covered this week can wait for the days to come. On the atlantic, Owners remains with their strong ideas when charterers remain with the […]Read More Ocean pollution, not on purpose
Did you notice, BHSI went up by 66% in the last 6 months. Ok 6 months ago BHSI was recovering after the deadfull spring we have been through in 2016. But still 66% remains a nice number. Atlantic remains the key market driver here. USG demand still fairly strong, reported today in the Baltic Dry […]Read More feed the sparrow
To merge definition is, according to Collins dictionnary : « If one thing merges with another, or is merged with another, they combine or come together to make one whole thing. You can also say that two things merge, or are merged » Collins and the whole web (I checked) are failing to explain me why this verb, -which by essence- needs at least a combination of […]Read More this remains to be seen Hillary.