George Soros and Michael Burry build stakes in shipping companies
Investors have bought shares in shipowners Scorpio Tankers, Golden Ocean and Eagle Bulk and sold bonds
Bolje da oni love nas nego mi njih. Ovaj put smo mi bili brži.
Vrijednost brodova nastavlja rast.......
Futuresi capea za Rujan 47 k….vrijeme curi za ulazak u dry bulk, BDI ce ocito ici preko 4500.
Rapsodija se nastavlja.
https://www.braemarscreen.com/
Bilo bi mi draže da malo sporije raste, ali što je tu je.
Jinhui Shipping And Transportation Reports 275% Rise in Second Quarter Revenues, as Dry Bulk Market Recovers
Revenue for the period: US$48 million
Net profit for the period: US$91million included reversal of impairment loss on owned vessels of US$65.5 million
For the first half of 2021, dry bulk shipping market had rebounded remarkedly reflected in the upsurge of market freight rates and significant increase in the market value of dry bulk vessels. The management considered that reversal of impairment indication of the Group’s fleet existed as at 30 June 2021. With due considerations of factors affecting the long term intrinsic values of owned dry bulk vessels in the reversal of impairment review, the Group’s owned vessels’ recoverable amounts which are determined based on the value in use are significantly higher than their respective carrying amounts as at 30 June 2021. Accordingly, a reversal of impairment loss of US$65,521,000 on owned vessels classified in property, plant and equipment was recognized as at 30 June 2021 to reflect our change in the expectation on the long term global economic and the dry bulk shipping industry outlook which affect the assumptions applied in estimation of the value in use of our owned vessels. https://www.hellenicshippingnews.com/jinhui-shippin…arket-recovers/
Da mi je netko prije godinu dana govorio da će bit ovakve vozarine i ovakva perspektiva koja je trenutno vidljiva, a s druge strane da će dionice bit ovako debelo podcijenjene, ne bih vjerovao...
Ovo je totalna nesinhronizacija trenutnih vozarina s jedne strane i cijene dionica s druge. Razlog je samo jedan: nepovjerenje u duži period održivosti ovakvih vozarina. Uz totalnu nelikvidnost koja je kod nas prisutna već godinama, imamo ovo što imamo.
Slazem se s tim.
Ali sam gotovo siguran da ce nakon 2-3 dobra kvartala i taj pogled biti promijenjen.
Rast se nastavlja i kod vikinga...petodnevni graf jako dobro ocrtava trend....nastave li vozarine rasti ovako i kroz 9 mjesec ....mogao bi ovo biti tek početak rasta....vidjet će mo kako će danas biti preko bare...jučer smo tamo imali li la ...malo gore malo dolje...malo nigdje....
https://www.hellenicshippingnews.com/wp-content/uploads/2021/08/BreakwaveAugust172021Report.pdf
Iron ore has collapsed almost 30% from record highs, as Beijing restrictive steel policy remains key – During the
last two weeks, spot iron ore prices have experienced a steep correction, down some 25%, and prices are now
approaching levels last seen in early April. The significant push by the Chinese Government to both control the
striking price increases in raw materials that are putting considerable inflationary strains in the economy but also to
remain focused on reducing carbon emissions as well as air pollution coming from the steel industry, seem to finally
having an impact on steel production (down 8% MoM in July) and, as a result, taking a toll on iron ore prices. At the
same time, steel prices have remained relatively firm for the exact same reasons, as demand is quite strong and any
attempt to reduce output will only strengthen prices further. As a result, the benchmark rebar steel margin recently
reached new highs, and although has since then shrunk a bit, it remains at very healthy levels. Steel mills have all
the incentive to produce steel and thus buy more iron ore. However, the risk on how aggressive Beijing will become
in limiting steel production is still up for debate, given the strong economic interest of a fragmented sector versus a
centrally controlled economy that aims at limiting production of such an important for the country industry
cape up 8.4%
cape up 8.4%
Znači danas će mo imati značajniji rast BDI....
BDI 3.833
BCI 5.365
BPI 3.707
BSI 3.189
Capesize +8.4% to $44,495
Panamax 4TC+2.6% to $32,024
Supramax 58k tons +1.4% to $35,080
Soybeans supply/demand fundamentals remain positive for this and next season. Firm grain demand is likely to assist the drybulk cargo flow and longhaul seaborne trade, thus lending support to panamax and supramax freight rates.
Lijepo za vidjeti...još da se sutra prelije na zse...
Još barem 6mj po 36,500 
ORDERBOOK/SUPPLY - The publicly quoted order book for the
Supra/Ultramax segment is below 6 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 2022-23 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. GDP
has rebounded in 2021. General consensus points towards healthy levels of
economic activity for 2022.
MARKET PROSPECTS – The market outlook is strong and sentiment for 2022 and 2023
have been revised upwards. 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. Ship
values have started to increase sharply. However, significant upside remains if ship
values are to reflect rates and values according to historical correlations.
Market highlights
In the second quarter, we observed a further improvement in the spot rates with the Baltic Supramax 58 index averaging USD 24 261 net per day, up from USD 16 140 net per day in the preceding quarter. The third quarter has continued even stronger, with the Baltic Supramax 58 index averaging over USD 30 000 per day – the highest since 2008.
Total Supramax shipment volumes ended at 268 million tons in Q2, up from 256 million tons in Q1 and a record high quarter. Close to 90 million tons were shipped in each month, which is very high historically but still slightly below the record of 93 million tons shipped in March. However, preliminary estimates for shipments in July show another all-time record of 96 million tons.
According to Fearnleys, vessel deliveries dropped to 23 in the second quarter, down from 27 in the first quarter, which marked the lowest number of deliveries since the fourth quarter of 2018, when 14 vessels were delivered. Without assuming any slippage or cancellation (which is usually between 10-20 per cent), the vessel delivery schedule for the remainder of this year says 44 during the third quarter, and 30 during the fourth quarter. This would take the full year total to 133, which is lower than last year’s 143. Next year, the delivery schedule points to a further reduction in fleet growth, with only 109 vessels scheduled for delivery. The number of new vessels is on track to be the lowest since 2007, when 86 vessels were delivered. However, in relative terms, it is approaching the lowest level in several decades.
The publicly quoted orderbook indicates fleet growth will drop next year and then even further in 2023, according to Clarksons. There will be changes to this outlook for fleet growth as the amount of newbuilding orders being placed over the next 12 months are uncertain and it is also normal that 10-20 per cent of the orderbook ends up being cancelled, deferred or simply incorrect. However, we expect relatively low newbuilding activity as the lack of conviction and alternatives for fuel and propulsion systems will continue to restrain ordering activity in the near term. Most importantly, demand for newbuildings in other segments than dry cargo is absorbing most of the shipbuilding capacity for 2022-2023 and has led to strong increases in newbuilding prices.
Prices for secondhand vessels have increased considerably since before the summer and appear strongly supported to increase further on the back of a very strong freight market.
The capesize market is experiencing something of a resurgence given higher activity out of Brazil to the extent that some participants are speculating whether $50,000 per day can be reached.
It is not just capes that look bullish — other bulker segments are also getting a boost..........
It expects the rates strength to continue through to the end of the year. https://lloydslist.maritimeintelligence.informa.com/LL1137928/Week…own-but-not-out
