On the Supramax sector, the “Aditya” 55/2008 Oshima, Japan (SS/DD
02/2023) wassold for USD 16,5 mill basis delivery September-October 2021,
while the two-years-younger “Dory” 55/2010 IHI, Japan (SS 09/2025, DD
04/2024, BWTS fitted) was sold a couple of weeks ago at USD 17,5 mill.

The Last Boat For The Shipping Super-Cycle May Be Leaving Soon https://seekingalpha.com/amp/article/44…be-leaving-soon

Cape futuresi probili granicu od 40 000 usd za 8. mj i 44 500 usd za 9. mj.

https://www.braemarscreen.com/

Supramax Sep 37500

Supramax Oct 37375                                                                                                                                                                                                                                                                                                                                                              

Quote from tin

Cape futuresi probili granicu od 40 000 usd za 8. mj i 44 500 usd za 9. mj.

https://www.braemarscreen.com/

I još nešto što je vrlo bitno supre i pnmx po prvi put probili granicu 20k za 2022.

BCI 5TC 40237 (+ 1,8%)

Freight futures am update

Capesize up ~2%
Panamax up ~2%
#shipping #drybulk $BDRY

Baltic Dry Index + 1.1% to 3,606

Capesize +1,8% to $40,237

Panamax 4TC +0.5% to $30,917

Supramax 58k tons +0.7% to $34,309

Malo o razlozima zasto dionice brodara ne prate rast indeksa (kao danas npr ). Sad je tu i mintzmyer (kojeg u medjuvremenu stavljamo kao second best joakimu?) objasnio njegovo vidjenje stvari. Spominje se i ona small caps-iwm teorija koju je tu neko od kolega ismijavao jer su vani kao brodari rasli a atpl nije i slicno. Uglavnom se sve svodi na strpljen-spasen

https://seekingalpha.com/amp/instablog/…l-being-ignored?

Although dry bulk stocks have historically responded to changes in the FFA quotes and in BDI levels, they more recently trade more in-line with industrial stocks and small cap indices. The resurgence of COVID-19, via the Delta variant, has led to a hefty counter-rotation, with funds flowing away from the likes of the Russell Index (IWM) and into the modern safety stocks, most evidenced by the Nasdaq Index (QQQ). Dry bulk stocks trade more in line with the 10y Treasury yields and the tech vs. industry trends than with anything fundamentally related to dry bulk.

Zanimljivo

120-year chart shows commodities have never been this undervalued

120-year chart shows commodities have never been this undervalued

Commodities investor Goehring & Rozencwajg poses the question: Natural resources – uninvestable assets or unprecedented opportunity?

www.mining.com

Supre izgledaju super........

A positive start to the week for Supramax paper, with

rates pushing across the curve chasing a thin offerside.

Sept and Q4 traded to respective highs of $38000 and

$33500. Q1 continues to see the most buying interest,

pushing to $23750 with bids over last done at the close.

Cal22 and Cal23 pushed to $20500 and $14800 respectively.

Quote from jasko

Supre izgledaju super........

Ovo izgleda fantasticno.

Supre P/E=1,2, EV/EBITDA=3 sto je za starije brodove jos i bolje jer je EV manji a EBITDA prakticno ista. Jedna supra sa trenutnim 1y TC moze napraviti godisnje 42M kn neto dobiti.

Strava!

Supramax Sep 38000

Supramax Oct 38000

According to data from Cleaves Securities, the dry bulk fleet as a whole is currently registering a fleet utilisation rate of around 93%.

“As spot rates are an exponential function of fleet utilisation, small increases from the currently lofty levels could propel spot rates significantly higher,” Joakim Hannisdahl, head of research at Cleaves Securities, told Splash today.

Hannisdahl said that if Brazilian exports remain above 30m tonnes in the coming months, capes could reach $60,000 per day in the near term. https://splash247.com/no-ceiling-in-…_medium=twitter

Jinhui Q2 2021 Presentation http://www.jinhuiship.com/news/jst20210817N5213.pdf

Baltic Capesize-indeksen + 2,0 prosent til 41.049 dollar

Freight futures am update

Capesize up ~2%
Panamax up ~3%
#shipping #drybulk $BDRY

Baltic Dry Index Rises 1.41% to 3,657

Capesize +2.02% to $41,049

Panamax +0.97% to $31,216

Supramax 58k tons +0.88% to $34,611

Supramax Sep 39000