DRY BULK

    “The subcontinent market is on an aggressive buying spree with Bangladesh leading the number game,” cash buyer Best Oasis noted in a weekly report, while rival GMS stated: “We are witnessing the highest priced rates seen across the subcontinent for a number of years, with several sales taking place above USD 500/LT LDT on decent spec units.” https://splash247.com/demo-rates-sma…-500-milestone/

    Ever Given Update

    Special Dry Bulk Update

    • Lloyds List and other media outlets have reported that Suez Canal traffic will finally resume today. However, there has yet to be any confirmation that the front of the Ever Given has actually been "unstuck". The last several days have seen a few declarations of the Ever Green being refloated, but most importantly in pure layman's terms a vessel is either stuck or it is not -- and a canal is either open or it is closed. At this present time, what we can confirm is that the canal remains closed and over 100 dry bulk vessels are now waiting to transit the canal.
    • Also of note is that according to Bloomberg, an attempt to free the Ever Given began around 11:30AM local time today but failed and another attempt will be made at 3PM local time (which will be in 10 minutes from now). According to Bloomberg, once the vessel is fully refloated and navigation on the canal resumes, ships will pass through at a rate of around 100 a day to clear the backlog. We will be publishing additional updates as events unfold.

    Baltic Dry-indeksen faller 0,7 prosent til 2.162 poeng mandag, viser tall fra The Baltic Exchange.

    Capesize er ned 0,1 prosent til 18.987 dollar. Panamax faller 0,6 prosent til 23.974 dollar. Handysize faller 2,3 prosent til 20.448 dollar, mens Supramax er ned 1,6 prosent til 21.456 dollar.

    The Ever Given container ship stuck in the Suez Canal has been partly refloated, but salvage teams and tugs are still fighting to free the vessel entirely so that traffic can resume on the crucial trade route.

    An attempt to pull the ship free this morning appears to have failed, and a person with knowledge of the operation said another attempt would be made at 3 p.m. local time.

    https://ca.finance.yahoo.com/news/progress-…-045211868.html

    A naši mediji još jutros rano su slavodobitno objavili ovo:

    https://m.vecernji.hr/vijesti/otvori…loboden-1479949

    Ako je u kanalu zapelo već više od 450 brodova, propusnost kanala je oko 100 dnevno a dnevni prosjek u dolascima oko 50, znači da će za potpunu normalizaciju trebati barem još desetak dana od dana otvaranja.

    BREAKING: After six days of blockage, the Ever Given container ship is now fully afloat, free from the bank of the Suez Canal. It's now moving at less than 2 knots toward the north                        

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    Ever Given Freed

    Special Dry Bulk Update


    • The 3PM attempt to free the Ever Given has been successful. Image below is from FleetMon. Suez traffic is expected to resume later today. The Ever Given is now reportedly moving under its own power.
    Quote from gigic23

    Ever Given Freed

    Special Dry Bulk Update


    • The 3PM attempt to free the Ever Given has been successful. Image below is from FleetMon. Suez traffic is expected to resume later today. The Ever Given is now reportedly moving under its own power.

    Evo

    Also on Tuesday, there is a fall in earnings in all segments:

    • Within the capesize segment, there is a decrease of 3.2 per cent. The earnings for the vessels in this segment are on average 18,382 dollars per. day.
    • Panamax rates fall 3.4 percent. The average daily rate here is $ 23,171.
    • Within handysize, there is a decrease of 3.9 percent, to 19,654 dollars per. day on average. Here, day rates have been above $ 20,000 since March 10th.
    • Supramax rates are down 1.8 percent. An average of $ 21,071 a day is reported here.

    Global trade remains dominated by Australia, which exported more than half of seaborne iron ore in 2020. However, iron ore output from South America and Africa is expected to increase over the outlook period.

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    The Baltic Exchange's main sea freight index posted its biggest quarterly rise since June 2020 on Friday, propelled by strong gains for larger vessels, with the panamax segment marking its best quarter in over six years on robust U.S. grain exports.

    * The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, lost 57 points, or 2.7%, to 2,046 on Friday.

    * But the index gained more than 20% for the month and nearly 50% for the quarter.

    * The capesize index edged down 7 points, or 0.3%, to 2,210, having gained nearly 50% in March.

    * For the quarter, the index registered a gain of over 10%.

    * Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes of coal and steel-making ingredient iron ore, among others, fell $55 to $18,327.

    * The panamax index fell 147 points, or 5.4%, to 2,576, but it gained over 20% for the month and marked its best quarter since September 2014 with an almost two-fold rise.

    * Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,00 tonnes, declined $1,319 at $23,188.

    * The United States had particularly strong grain exports, which helped the panamax segment during the quarter, said Emily Stausboll, shipping analyst at BIMCO.

    * A hard winter in the Northern Hemisphere also boosted demand for certain ice class ships and several other vessels as people had to turn to some specific routes, Stausboll said.

    * The supramax index fell 45 points to 1,871.

    https://finance.yahoo.com/finance/news/g…-142703426.html