about #shipping and #drybulk cargoes mainly – as brokers only, not responsible-
If you’re into the coaster – or trading side – then the usual BMTI might enlight your day somehow. If you’re into the bigger ladies, then you might be bit starving for more market info. I’m not willing to let you down here on this point, but I’m afraid I don’t have much crispy info […]
Read More are Forum the choke points?Black Sea market good shape is for sure not helping charterers aiming to load in Continent; when a 30kdwt open Tunisia is managing to get $9,000 dop to end up in EgyptMed with grains via Black Sea, this has to be compared to the potential $4,300 DOP they would be able to get (to be […]
Read More Black sea in good shape, making life of continental charterers bit more difficult“Show me your love, show me how much you care” is Tina Karol (kind of famous) lyrics for her song proposed at the Eurovision tornament held in 2006. It could also have been drybulk owners “cry of distress” few days ago. But, if we believe what’s BMTI is saying today with “Owners have no reason […]
Read More show me your love, show me how much you care”Good day, lovely, Bdi is today showing back some green and are on average at +10pt, thanks only to the Capes gaining +69points. Nothing enough to open up the champagne bottle in owners’ offices. As you can find in Bmti’s today report, fact that period business is back on the plate, is a good sign […]
Read More skilled digital masterNot much to add today. What was right yesterday seems to be still in force today. In summary, for a change, not much market change. In regards to S&P figures, I’m still struggling to understand why very much comparable ships namely Atlantic spirit 33,427dwt built 2007 / Japan/ 4x30t cranes/ Mitsubishi / sold at $9.8mio […]
Read More no change for a changeAfter some bullish comments on the market made yesterday by BMTI correspondants (remember brokers being confident about the global world economic growth), today the comments are more bearish. « limited number of reported BDI fixtures » / « end of the year traditional rush is behind us » / « lack of attractive business » and so on. I won’t learn you […]
Read More you’re color-blind. Don’t worry I’m here to help you reading shipping marketAll you need* is « convinced brokers about market to regain strengh shortly ». To my opinion, unlike the argument given in BMTI stating, according to brokers, the shipping market shall strengthen shortly thanks to « general favorable world economic conditions » is bit of a short analysis. *alternatively all you don’t need depending where is your chair in […]
Read More short and sweet for todayGood day I’m still wondering how a market report sent at about 5.00Am London time today, can full of confidence declare “”the revival that coloured Capesize freight at the end of last week seems to have cooled off by the start of this week[…]”. Yes, 5:00 AM here is still around mid day in Singapore […]
Read More never to early to make some assessmentsBit short of time to make a nice and funky market report today. Of course you can read the BMTI report, as always, nice and full of info. You can check today’s bdi index, you can also have a good summary of the week about to end in few hours here by reading Baltic Briefing […]
Read More Roll the dice or have faith in your opinionYesterday I was doubtful about market players being ready to swallow $19pmt on this rouen to Algeria cargo. Claiming, bunkers prices are still too high to make it worth it for owners, lucky me I was not 100% definitive and wise me I also mentionned about a « shooting window » for grains players to do a […]
Read More psssssccccchhhhitttt… is the sound for the end of the party