about #shipping and #drybulk cargoes mainly – as brokers only, not responsible-
Checking at BDI in the last 7 days, Panamaxes are the big loosers this week. Last Friday BPI was very close to 1,500 mark (1,494 precisely) when today BPI is only showing 1,187points. Other sizes managed somehow to limit the damage. Key change is also the Handies index which until now managed to keep going […]
Read More shipping chartering market report and bit more and that’s scaryImagine one second, if the shipping and chartering market were surrounded only by wise monkeys, seeing nothing, hearing nothing and disclosing nothing… BDI would be flat and fixing and taking decisions would be everything but not easy at all. Lucky you, I might be a monkey but not that wise, and once again I’m pleased […]
Read More chartering market – some comments and fixtures seen heard doneBLSEA : 9’500 dely Bandirma via blsea redel East Med with Coal on a 29,200dwt may probably be perceived as a good rate for owners. But loading coal then ending in EastMed is somehow not that great compare to some low $8,000 obtainable delivery Canakkale via BlackSea to Spain with grains, shall at the end give […]
Read More spot market – and forward one…This is part of the Lyrics from Imagine Dragons, song BELIEVER… and believer is exactly what we can find while reading various dry bulk shipping market reports. Positive sentiment is clearly readable in some market reports/forcast. And some others are clearly bearish on the short/medium term runs… For expample interesting input and discutable conclusion on […]
Read More need to be believers- “I’m the one at the sail, I’m the master of my sea, oh ooh The master of my sea, oh ooh”bss DWT abt 28/32kt Intake on 10m max ssw draft SD/BC max 15 years old LOA max 180 M geared IACS / P&I member of the international group Time chrtrs equivalent evolution through the last 9 months, Basis delivery Gibraltar cont to algeria handy value tce
Read More handy time charter equivalent on grainsGood day Handies « trip from Rouen to Algeria was allegedly concluded at $17.50/mt for a 26,000mt cargo, which if true, is a disappointing average of $8,500 daily »… trust BMTI aim to say « APS »… which gives something along $6,300 dely Gibraltar. I would be tempted to temporize slighlty the « disappointing » fact on this fixture. Bit of […]
Read More post easter shipping continent handy view –You all know this famous joke about the canadian lumberjack and the wise Great Indian Chef… here is it below to refresh your memories Bob and Doug lived in the northern wilds of Canada. Winter was approaching so they went out to chop wood to keep them warm during the cold months. After working all […]
Read More A good and famous joke and the sad reality in #ShippingNo index today to help us having a clearer picture on how the market is moving. Good news, not much movements seen or perceived on this Good Friday, being off in quite a lot of the countries around the world. To provide however some info, we have heard a 30,000mt bulk wheat stem from Rouen […]
Read More no index but still able to find finger chocolate.What I called yesterday « pre Easter move down » seems to be in some areas a « pre Easter rally » with charterers willing to be fixed in the next couple of days, fearing owners will not react anymore until next Tuesday. In this prospect we can already see circulars from various offices saying « close as off tomorrow […]
Read More chartering is stressful. What about being on ships then?We talk a lot about USA, China, but trust in our shipping world, talking a bit about South Korea is at some stage needed. Korea being a big provider of ships from their yards it has surely a bigger influence than we believe at first sight. South Korea is going through tough time. With […]
Read More South Korea and shipping