handies around the world or so

« 38,000mt Ust-Luga to Santos rated by owners at $7/mt when charterers having in mind $4/mt ». $4/mt means total freight at $152,000 for a 6,500 nautic miles & 32/33 days trip. This must be a typo mistake.  The biz is seen here asf « 38000 M/M BLK SULPHUR APP CUST LUGA / SANTOS  25-27 AUG 12000 SHINC / […]

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money money money

Listen to this song again, close your eyes and take it “I” being a ship (not Neymar jr), Neymar could be the rich man… not leaving in Monaco nor Las Vegas but in Paris or around   Is checking information and datas enough to understand market, not quite sure… Today’s bdi is mentionning 2 fixtures […]

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Shipping and Queen bee part B

The “Queen Bee” theory developped here one week ago (last friday precisely is shipping industry comparable to the bee social set up?) happened to be more controversial than expected. Owners reading in copy, applauded the concept of their lovely ladies being in the center of our shipping world, claiming “no ships no transportation by sea” […]

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ships, ships, ships and ships again. Who’s going to build them in the future?

  When big house brokerage is stating « DryPmx: Most owners reluctant to rush rating/fixing today: More mrkt positivity needed tomorrow to reinforce the idea that a recovery is due » you can read/understand « boring day for the brokers involved in the Panamax segment as nothing happened » Checking today’s Panamax index, it’s quite flattish and market wondering […]

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