Baltic Capesize-indeks + 7,4 prosent til 28.056 dollar pr dag

Delivery from Q3 2023!

Sounds like there won't be much increase in supply the next two years.

https://www.tradewindsnews.com/bulkers/easter…deal/2-1-995233

Što se tiče naručivanja novih brodova poslušajte što kaže John Wobensmith – Genco Shipping & Trading Limited (GNK)

https://youtu.be/rqKWCAebRcw?t=2683

Freight futures am update

Capesize up ~4%

Panamax up ~5%

BDI up 6.7% 2323

pnmx up 10.8%

This is also apparent when looking at the share prices of Croatian Dry-Bulkers who showed a strong share price performance in 2021. Namely, the share price of Jadroplov is up 115% YTD, while Atlantska Plovidba soared 28% YTD. Finally, Alpha Adriatic increased 18% YTD. When comparing current share prices to pre COVID-19 levels, two out of three Croatian dry-bulkers have recorded significant prices increases. Namely, when compared to the beginning of 2020, Alpha Adriatic and Jadroplov recorded a share price increase of 77% and 56%, respectively. On the flip side, despite rising 28% in 2021, the share price of Atlantska Plovidba remains -49% below the level seen at the beginning of 2020.

https://inter.capital/flash-news/ove…dex-movement-2/

Baltic Dry Index Rises 6.66% to 2,323

Capesize +7.37% to $28,056

Panamax +11.61% to $18,774

Supramax 58k tons +1.56% to $19,921

Handysize -0.53% to $16,022

Dry Bulk Correlation Matrix

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Further Decline in Chinese Coal Port Stockpiles; Greater Strength in Chinese Coastal Coal Freight Rates

• While global dry bulk spot freight rates have begun to surge again this week, also of note is that Chinese coastal coal freight rates have been finding a solid amount of support as well. Chinese coastal coal freight rates rose by 4% yesterday and by another 5% today. Prior to today, the last time that Chinese coastal coal freight rates rose by 5% or more was back in mid-March. As in the global market, coastal coal freight rates have been climbing due to strong demand and tightness in vessel availability. As we have been discussing in recent work, coal stockpiles at major northern ports in China have continued to decline. The amount of coal stockpiled at major northern ports in China has now fallen to 23.2 million tons. This marks the lowest amount stockpiled since February 23rd. Overall, near-term prospects in both the global dry bulk freight market and Chinese coastal freight market remain very promising.  

China's GDP up 18.3% in first quarter https://www.teletrader.com/china-s-gdp-up…3296?internal=1

A stellar year for dry bulk so far, even for the deferred - Cal22 Cape ytd +34%

China's retail sales rise by 34.2% in March

[4/16/21] 04:02:00

Retail sales of consumer goods for March in China landed above analysts' projections surging by 32.2% compared to the same time last year to reach ¥3,548.4 billion, the country's National Bureau of Statistics (NBS) reported on Friday.

The measure of total receipts of the retailed consumer goods in the first quarter of 2021 advanced by 33.9% on an annual basis to stand at ¥10,522.1 billion.

The data for the three-month period analyzed by different areas showed the retail sales in urban areas reaching ¥9,134.5 billion, up by 34.6% year-on-year, while in rural areas the number increased by 29.4% to ¥1,387.5 billion.

Rast se nastavlja........... https://en.sse.net.cn/indices/fdinew2.jsp

Baltic Capesize-indeks er opp 1,7 prosent til 28.520 dollar pr dag

bdi up 2 7% 2385

Baltic Dry Index Rises 2.67% to 2,385

Capesize +1.65% to $28,520

Panamax +5.37% to $19,783

Supramax 58k tons +2.11% to $20,342

Handysize +0.71% to $16,135

2011 was the biggest delivery year for the Capes, and this year, 28% of the Cape fleet turns five, ten or fifteen years old, requiring a yard visit. https://www.breakwaveadvisors.com/insights/2021/…capesize-market

Cape 180 dwt 5 tc Index $28520: (UP 464) MTD $24,481 YTD: $18,133

Panamax Curve 5TC $21119: (UP 1009) MTD $19,674 YTD: $18,655

FIS Pmx 4TC Curve $19783 (UP 1009) MTD $18,338 YTD: $17,319

SMX AVG 10tc $20342: (UP 421) MTD $19,799 YTD: $17,067

Shipping Quarterly (2Q21) - Off to the Races (316 pages) https://www.cleaves.no/post/shipping-…races-316-pages

commodity investment cycle                                                                                                                                                  

Quote from jasko

Shipping Quarterly (2Q21) - Off to the Races (316 pages) https://www.cleaves.no/post/shipping-…races-316-pages

Predviđaju bdi u drugoj polovici sljedeće godine na 4000