« Theory is when you know everything but nothing works. Practice is when everything works but no one knows why. In Shipping nowadays, theory and practice are combined : nothing works and no one knows why ». This could be the summary of today’s sentiment on the shipping/chartering market. At least here ! We are often asked to give […]Read More In theory shipping is simple
Quiet Monday with Greeks (among others) being off. But Greeks are weighting from 17% to 20% (depending who’s calculating. If it’s Clarksons, they weight 17%, if it Greek Shipowners assocation the weight is at 20%) of the overall fleet at sea. You can find the full article here. Worth to note also, German shipowners seems […]Read More Shipping from Germany to Greece?
If you had a chance to read Bmti’s report today, the “from the desk of a continental shipbroker”, Klaipeda looking like the main focus from this shipbroker (not to mention the name of the charterers). So Fertz ex Klaipeda to Up River fixed around $28/mt bss 1-1 could be this biz which we saw on […]Read More Figures matter. no little profit
Maybe yes, maybe not, Worth to mention, at least for my ego, looking like BMTI is also reading my market reports (Damned, they know where to pick up the right info). Go through the « tragicomic tale of the mv ‘RB Eden’ » mention in their today’s report and looking like the french shipbroker mentionned could be […]Read More plenty is no plague… That’s a silly statement – but a nice village
MOVE OR DIE This is the advise Cable is giving to his ennemy, namely Deadpool, while holding a huge gun. Move or Die could also be the advise which to apply to shipowners nowadays. Don’t make too many assumptions about where you should consider redelivering your ship. Will it be right or wrong timing, right […]Read More Deadpool and shipping are the same
Usual Friday Baltic Briefing report which you can find here where you can read in the handy section « […] opinions were divided over EC South America, and a 38,000-dwt was rumoured fixed at around $12,500 levels for a trip to Morocco but further details were not confirmed. » Could it be this fixture seen here ? « mv interlink […]Read More Shipping market (Pela)gossips
We have to face it, pretty quiet day here in our French office (and so in all our overseas offices) and after discussing with few guys, thanks God it’s not only us but the overall European (at least) shipping market being quiet. Yes thanks God, as fairly quickly you can become paranoiac and start wondering […]Read More shipping few things – not worth to become paranoid
Same subject two different approaches. On one side Bmti proposing their analysis about the trade war – war of words and deeds- Between USA and China While on the same subject Bimco is proposing here their analysis and which impact this could lead on containers Ships but also on the drybulk industry. trade war?! Waiting […]Read More deeds not words for shipping!
3rd April 2018 BDI @ 1,016 / BCI @ 924 / BPI @ 1,455 / BSI @ 1,067 / BHSI @ 650 One month later 2nd May 2018 BDI @ 1,346 / BCI @ 2,197 / BPI @ 1,271 / BSI @ 1,043 / BHSI @ 597 Figures speak by themselves, either you’re in the […]Read More is it worth to comment these figures?