old fashioned is not only a cocktail but can also be a sort of panic in #shipping

« Glad to welcome the good old fashion Panic » As a friend owners said yesterday while hearing about the ultramax being covered at « low $20,000 for a trip from North Spain to China ». According to market comments and index, the panic on the Capers did not last long enough to sustain index and fixtures done on […]

Read More old fashioned is not only a cocktail but can also be a sort of panic in #shipping

need for hot and brave shipowners

In case the info passed over you without you noticed, St Lawrence St Way is back again in business since last Monday (20 march 2017). Don’t believe it’s already like navigating in the Elbe River or Amazonia look at the weather conditions which were registered in Quebec on 15th march. (picture above st law river […]

Read More need for hot and brave shipowners

Take the bribe. What about the bride? (your call, on a case by case basis)

Talking about Egypt, grain traders are linked on a 30,000mt bulk wheat from Nikatera to Egypt at said something along US$16pmt. This is surely part of the GASC deals to import massively wheat from everywhere, and preferably from Black Sea. Last tender, cnf priceof the wheat was (rounded) at $210pmt, for 240kmt, with freight, rounded […]

Read More Take the bribe. What about the bride? (your call, on a case by case basis)

performance is nothing (or not much) without endurance. Feast chartering market focus

Good day, Chartering market still on the upward trend, some brokers are questionning how sustainable can it be in the Far Eastern market arguing « the upward movement has been too fast »… but how quick was that ? Let’s taking a look at some numbers back one month ago compared to today: Panamax                        […]

Read More performance is nothing (or not much) without endurance. Feast chartering market focus