…for the Good, for the Bad and that makes it Ugly from time to time. So few bucks savings for Owners with a tip for owners willing to make savings. Just need to invest in modern weather routeing and follow instructions. If this is not enough to make you stronger, then do like Maersk and start […]Read More subsidized markets are making the shipping market…
When a 2012 57kdwt is reported being sold for Scrap it’s hard to believe Owners just decided to give a hand to the overall oversupplied market by scrapping a modern lady. Mv ‘Cheshire’ is the one and we can believe it took 8 months for the experts and underwriters to settle the case and define […]Read More will crossing fingers be enough?
Capers are looking like being Party Animals, at least in April. After having hitted a bottom back on 4th of this current month, value @ 841, now the index is showing good signals of excitment today again, reaching 2,314. Getting close to 2018 highest, which was back on beg January (at that time hitting touch […]Read More Party mood for the capers. Don’t be selfish share the joy
… it’s not necessarly a good news for the skinny ones. Monday, quiet monday. So inviting you to read 1/financial times article about Clarkson’s deceptive performances ahead 2/Platts’ article about overall market poor performance, while I’m talking last friday about Market not in Olympic shape, Platts, having access to obviously few more data than us, […]Read More when the big guys start to starve…
If shipping market were in very good shape, with no difficulties it would be stronger than any of his own excuses. Shipping market being not in Athletic nor Olympic shape, all excuses are good to try to explain why, so far, the results of 2018 are below expectations. Beginning of January it was “hang over […]Read More work hard train hard
Few comments/ correction on what’s proposed by Bmti today… and yesterday. Let’s start with yesterday then A voyage fixture of 40,000-tonnes 10% stem from Up River to Algeria was booked at $30.75 with 8,000mt load and 5,000mt discharge and 5% total commission structure », looking like the terms of the fixture are 8,000mt bends also covered […]Read More this is shipping!
For those who will read the BMTI, worth to mention, their opening for today’s report, while they say « Louis Dreyfus […] would be exiting Capesize market », it’s an annoucement made by Louis Dreyfus Armateur, the french based owners, not the Louis Dreyfus Company, the other one, well known as a trader (and ship operator also). […]Read More drybulk few market comments
Market’s looking for some excitment. Excitment is not on the handies in the Atlantic Basin, beside, maybe the ECSA area which is somehow in a good shape. Just need to believe in it and forget about today’s index being down from this route. As a natural counter effect, the HS1 and HS2 (ex skaw-pass) are […]Read More not too much excitment please
On this Friday afternoon, with sun showing up again, do you really want to go through a full market report full of data, questionable fixtures? Well of course you can still go on BMTI, on which you’ll find few useful information or the today’s BALTEX, or call here. If you’re in a different mood, like […]Read More (try to) explain shipping to kids Part 2
Always nice to read experts reporting, market players are somehow kind of lost. “Ironically both charterers and owners alike seem to be groping in the dark“. On the short term, hope for a nice, sweet and lovely shipping market remain in force, especially on Owners’ side (you bet). Easter is behind us, Q2 and Q3 […]Read More give up the testosterone it will help shipping industry