Dry bulk second hand markets are heating up - sharp rise in values and a surge in transaction volumes.
Posts by jasko
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Rates Continue to be Well Supported in 2023 and Beyond
Both container and dry bulk ship order books remain anemic through 2022 end. As it is now too largely too late to add for 2022 delivery and much of the large ship capacity is already booked for 2023, it is likely that the industry will be playing catch up well into 2024 or later. Although robust ordering has occurred in containerships, no such surge has happened in dry bulk as of yet and the dry bulk orderbook remains at all-time lows below 6% of the active fleet. Because the vast majority of the large shipbuilding slots are booked by containerships, whenever the new ordering wave comes for dry bulk carriers, the earliest delivery times are likely to be late 2023 or later. https://seekingalpha.com/article/441774…the-next-double
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Freight futures am update
Capesize up ~5%
Panamax up ~3%
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Capesize period rates moved sideways this week in the run up to Easter but there was still some interest on the Brazil/China route. Fixtures reported this week focussed around the one-year mark.
There has been plenty of short-term timecharter activity in the kamsarmax/panamax period market around the 6-month mark, but fixtures of 12-36 months have also been reported. The average rate for this sector is estimated to be around $21,500/pdpr.
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31.03.
Panamax 4 Time Charter Average
Spot 21852
MTD 21230
YTD. 17157
Supramax 10 Time Charter Average
Spot 20578
MTD 22040
YTD. 16633
Handysize 7 Time Charter Average
Spot 20999
MTD 22249
YTD. 16610
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Freight futures am update
Capesize up ~1%
Panamax down ~1%
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Predmet: Program otkupa vlastitih dionica
- obavijest o stjecanju vlastitih dionica
• dana 29. ožujka 2021. ukupno 350 dionica oznake TPNG po prosječnoj ponderiranoj
cijeni od 45,40 kn po dionici, što predstavlja 0,0040% temeljnog kapitala Društva, te
• dana 30. ožujka 2021. ukupno 350 dionica oznake TPNG po prosječnoj ponderiranoj
cijeni od 45,40 kn po dionici, što predstavlja 0,0040% temeljnog kapitala Društva. https://eho.zse.hr/fileadmin/issu…27e7ead4c55.pdf -
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 secondhand index could potentially surpass the newbuild index https://splash247.com/splash-extra-secondhand-prices-soar/
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Weekly Vessel Valuations Report
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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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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.
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“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/
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Shipping Weekly 13/2020
Dear all,
Shipping Weekly will take an Easter break next week and will be back fully rested in two weeks' time.
We wish you all a wonderful Holiday!
https://fda195ed-9571-42ec-b092-d42af79f832c.usrfiles.com/ugd/fda195_bf5…c186bdf5edd.pdf -
Bulk commodities in China start the week strong: Dalian iron ore up 5%+ , thermal coal up ~6%+, coking coal up ~7%+...
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Huge Suez operation frees the Ever Given https://splash247.com/huge-suez-oper…the-ever-given/
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a kada smo kod SH šta kažu najnovija usklađivanja sa novonastalim promjenama?
koje su takvog intenziteta i trenda da bi obračun i na satnoj bazi pokazivao promjenu
nešto jaaaaako dugo neviđeno u dry bulku.
brokeri koji prate na dnevnoj bazi promašuju realizirane kupoprodaje na skali u mil$.
znam,znam...."ništa posebno"...
ok,ma DAA,100%,ne vodi brigu....
promjena vrijednosti asseta u odnosu na 1.1.20. ukupno 52,50 mil$
naravno ovdje ima i nekih odstupanja ovisno o mjestu gradnje,pojedinačnom stanju broda ALI......
promjene su i u najgorem scenariju brutalno pozitivne,skromnim i strpljivim investitorima će biti više nego dovoljno.
možda i griješim,nebi bilo...

rezime po investitorski
2 pmax 2012 2 x 5,75 = 11,50
3 pmax 2008 3 x 4,75 = 14,25
3 smax 2012 3 x 3,75 = 11,25
2 handymaxa 2009 2 x 3,25 = 6 50
2 handysizea 2015/16 2 x 4,50 = 9,00
Bulker sales heading for a record
Shipping association BIMCO is expecting secondhand sales in the dry bulk market to reach a record high this year, fuelled by strong spot rates, especially in the panamax and supramax segments https://lloydslist.maritimeintelligence.informa.com/LL1136266/Bulk…ng-for-a-record
Søster til Belcargo, altså 2008 modell Tsuneishi 58000 dwt, er solgt for 15 m usd.
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Zalihe željezne rude padaju, cijene rastu, sezona je započela u Kini.
https://www.hellenicshippingnews.com/iron-ore-heads…a-steel-demand/ -
US corn sales hike drives expectations of 70 million mt exports https://www.agricensus.com/Article/US-cor…orts-16038.html
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a kada smo kod SH šta kažu najnovija usklađivanja sa novonastalim promjenama?
koje su takvog intenziteta i trenda da bi obračun i na satnoj bazi pokazivao promjenu
nešto jaaaaako dugo neviđeno u dry bulku.
brokeri koji prate na dnevnoj bazi promašuju realizirane kupoprodaje na skali u mil$.
znam,znam...."ništa posebno"...
ok,ma DAA,100%,ne vodi brigu....
promjena vrijednosti asseta u odnosu na 1.1.20. ukupno 52,50 mil$
naravno ovdje ima i nekih odstupanja ovisno o mjestu gradnje,pojedinačnom stanju broda ALI......
promjene su i u najgorem scenariju brutalno pozitivne,skromnim i strpljivim investitorima će biti više nego dovoljno.
možda i griješim,nebi bilo...

rezime po investitorski
2 pmax 2012 2 x 5,75 = 11,50
3 pmax 2008 3 x 4,75 = 14,25
3 smax 2012 3 x 3,75 = 11,25
2 handymaxa 2009 2 x 3,25 = 6 50
2 handysizea 2015/16 2 x 4,50 = 9,00
Bulker sales heading for a record
Shipping association BIMCO is expecting secondhand sales in the dry bulk market to reach a record high this year, fuelled by strong spot rates, especially in the panamax and supramax segments https://lloydslist.maritimeintelligence.informa.com/LL1136266/Bulk…ng-for-a-record