Shipping Weekly 19/2021 https://fda195ed-9571-42ec-b092-d42af79f832c.usrfiles.com/ugd/fda195_ee4…cdf0ba80a67.pdf

The big question is, what happens if the seasonal pattern is maintained? To which the answer is, the BDI will go through 4,000 and keep going. Moreover, given the market fundamentals, it could well keep going into 2022. This in fact is what our model currently predicts – and has been predicting since Q1 2020. https://www.hellenicshippingnews.com/baltic-dry-ind…gh-4000-points/

Quote from jasko

The big question is, what happens if the seasonal pattern is maintained? To which the answer is, the BDI will go through 4,000 and keep going. Moreover, given the market fundamentals, it could well keep going into 2022. This in fact is what our model currently predicts – and has been predicting since Q1 2020. https://www.hellenicshippingnews.com/baltic-dry-ind…gh-4000-points/

Prije 4k možda ipak malo zaronimo

China's commodity sell-off continues. The most actively traded #IronOre futures contract in Dalian, is sliding 5.6% to drop below 1,000 yuan per tonne.

Steel rebar slides more than 5% and hot-rolled coil is down more than 4%.

U.S. #corn looks very bearish now. After yesterdays sell-off through a huge support level, the next target is 500 ct/bu.

By the looks of the historical development of BCI, there are reasons to suspect an imminent inflection point towards a subsequent upcoming hike.

Quote from jasko

By the looks of the historical development of BCI, there are reasons to suspect an imminent inflection point towards a subsequent upcoming hike.

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Znači novi vrh taman prije izvješća za Q2.

Grains: Prices Taking A Breather https://www.breakwaveadvisors.com/insights/2021/…king-a-breather

ORDERBOOK/SUPPLY - The publicly quoted order book for the
Supra/Ultramax segment is below 5 per cent – historically very low. In relative terms, we
are heading towards the lowest rate of supply growth in 30 years. The average sailing
speed has increased, showing that the market has been able to absorb this inherent
fleet supply during a sharp increase in spot rates. This is an important indicator of a
stronger market sentiment.
STIMULUS AND ECONOMIC GROWTH – Continued credit growth and economic
stimulus is expected to support the dry bulk market in 2021-23 as the effects of
fiscal stimulus usually lags about 12-24 months. Seaborne iron ore is predominantly
driven by Chinese demand whereas minor bulks tend to correlate closer with
GDP. Forecasts for GDP growth in 2021 have been continuously revised upwards.
General consensus points towards healthy levels of economic activity for 2022.
MARKET PROSPECTS – The market outlook has turned very bullish. With the rate of
growth on the supply side diminishing and post-COVID-19 normalisation now occuring
in tandem with a wider commodity rally it appears that the stars are aligning for the dry
bulk market in 2021-22. Even though ship values have started to increase, there is
significant potential for upside should the market for ships reflect rates and values
according to historical correlations https://ml-eu.globenewswire.com/Resource/Downl…63-81cf25291ad0

Next big shipping boom?

2021 has so far been a great year for the dry bulk market with Supramaxes, Panamaxes and Capesizes all experiencing decade-high earnings. We asked Carlos if this is the beginning of a boom period for shipping? After a very positive first quarter, he is “optimistic because we see growth in the world, people are coming back to hospitality, events, construction etc” in Q1 on the Supramaxes we had “97% utilization which is huge” and “cargoes are flowing from everywhere all the time with no difficulty”. In general, life is returning with governments and businesses around the world looking to recover from 2020 and he can’t see any reason not to be optimistic about the future going forward. He urged shipowners to learn from the experience of the past few years and not go crazy and order too many new vessels. Instead, he encouraged them to take advantage of the second-hand market — a message that our CEO, Mr Radziwill, has said countless times. https://ctmmc.medium.com/ctm-podcast-ep…na-d0777722bfd6

https://www.news.com.au/finance/econom…a6bcb22cd6232bd

Dobar članak, zanimljivo.

BCI 5TC 29620 -1434

Quote from jasko

BCI 5TC 29620 -1434

Baš me zanima hoće li handy i supre i danas biti u plusu....

Quote from jasko

Singapore via Indonesia to southern China

57000DWT

Supramax

$/day

30627

+27

E sad još i da dobijemo info za neku supru ATPL po sličnoj cijeni to bi bilo lijepo....uglavnom o tome opetovano govorim ....cijelo vrijeme korekcije BDI supre i handy su rasle.

In the Atlantic, the Grande Island (58,110-

dwt, 2009) was fixed for a trip with a delivery to the Mississippi River to

redeliver Japan at $31,000. Another was Bulk Uruguay (57,937-dwt, 2011) which

has been fixed for a coal run with a delivery to Mobile to China at $30,000. In

the Indian Ocean, Aliki Perrotis (60897-dwt, 2015) was fixed for a prompt iron ore

trip to deliver at Visakhapatnam to North China via East Coast India at $39,500.

The Clipper Kalavryta (63,325-dwt, 2015) has been fixed for a delivery passing

Jeddah to redeliver Paradip via the Red Sea at $32,000

In the Pacific, the Europa Bay (58,606-dwt, 2013) was fixed for a nickel ore run

with a delivery from Taichung to Philippines at $32,000. Pavo Bright (61,281-dwt

2017) has been fixed for a delivery to Samarinda to China with an option to

redeliver to Vietnam at $30,000 with a ballast bonus of $275,000 by China Coal

Solution.

Future prospects

With vessel order books at record low levels, this is the first time for a long time that dry cargo shipping looks to be in a good place. If we look at publicly listed dry cargo companies, their share prices have languished and declined consistently over the last 10 years. However, in recent months most have at least doubled. Optimism is high!  https://tradeviews.net/do-you-follow-commodity-prices/

BDI 2754 supre i handy UP

BCI 5 T/C routes 180000 29620 -1434

BPI 5 T/C routes 82500 24903 -382

BSI 10 T/C routes 58328 27413 468

BHSI 7 T/C routes 38200 24037 152

BDI INDEX 2754 -55

Quote from jasko

BCI 5 T/C routes 180000 29620 -1434

BPI 5 T/C routes 82500 24903 -382

BSI 10 T/C routes 58328 27413 468

BHSI 7 T/C routes 38200 24037 152

BDI INDEX 2754 -55

BPI 4 T/C routes 23567