Volatility in freight should increase – In 2021, we expect demand growth for dry bulk shipping to total almost 3x
the growth in net new supply, and although utilization is still well below the record high levels of the 2000s,
directionally, utilization is heading to new multi-year highs that have the potential to push shipping rates much
higher. We anticipate volatility to increase this year, and although such a turbulent environment might seem scary
at times, it is a characteristic for shipping that was in hibernation for most of the past decade but is about to wake
up and make potential trading returns very attractive subject to prudent risk management, while the lack of
investment vehicles for investors will at times exaggerate such returns, as it happened in past cycles....... https://static1.squarespace.com/static/5a4d1d2…2021+Report.pdf

Baltic Dry Index Rises 1.71% to 2,017 in London
Capesize +1.29% to $17,274
Panamax +4.69% to $20,013
Supramax 58k tons -0.19% to $22,865
Handysize +0.97% to $21,562

Baltic Capesize-indeks + 1,3 prosent til 17.274 dollar pr dag

Kina nastavlja rast https://en.sse.net.cn/indices/fdinew2.jsp

Rast se nastavlja....... https://finviz.com/screener.ashx?…pping&o=-change

Here's what that corn total looks like versus all prior years. The 2.2 mmt tops two weeks ago and places second behind the week of 11/30/89 with 2.3 mmt.

U.S.corn export inspections at 2.2 mmt nearly broke an all-time record. That's the largest since 1989   

On Friday we went all bull market and called the USD 26,875 high a legitimate upside target for the April Panamax (rolling front

month futures), The index is pricing higher again at USD 19,116 and looks like it is readying to target the USD 21,323 high (or

higher) in the near-term, the April futures closed USD 1,000 higher than Fridays close, at USD 21,900. Wave analysis remains

bullish on the index and the front month futures suggesting downside moves should be considered as countertrend at this

point. The key upside resistance level and near-term target for the April futures is between USD 24,600-USD 24,825, if the futures fail at this resistance zone then the upside move is considered as part of the larger corrective phase (bearish Gartley pattern) if we break resistance then the USD 26,875 high has a higher probability of being broken.

Capes pushing to start week up over 10% on solid volume. Panamax and Supramax both very firm trading up nearly 5% on good volume …

Baltic Dry-indeksen er mandag + 1,2 prosent til 1.983 poeng, ifølge The Baltic Exchange.

• Capesize + 1,9 prosent til 17.054 dollar pr. dag.
• Panamax + 1,5 prosent til 19.116 dollar pr. dag.
• Handysize + 1,1 prosent til 21.354 dollar pr. dag.
• Supramax + 0,3 prosent til 22.909 dollar pr. dag.

Freight futures am update
Capesize up ~9%
Panamax up ~4%

Baltic Capesize index +2% to $17,054

Apr FFA +10% to $21,750
May FFA +9% to $21,875

Rast se nastavlja...... https://braemarscreen.com/home

Dry Bulk Market & Chinese Steel Prices And Production Continue To Fare Well https://www.breakwaveadvisors.com/insights/2021/…ue-to-fare-well

If asset prices improve into 2021 based on a combination of global economic improvements and some potential commodity inflation, then we could easily see NAV levels rise by 50-100% in many of the core dry bulk names. https://capitallinkshipping.com/dry-bulk-improves-where-to-buy/

I hope you have your spreadsheets ready. NAV and earnings will move fast.                                                                

Pmax

Apr. 21500

May 21000

Q2... 20650

Smax

Apr. 22000

May 20250

Q2... 20000

Shipping Weekly 11/2021 https://fda195ed-9571-42ec-b092-d42af79f832c.usrfiles.com/ugd/fda195_97b…d53d4deceb0.pdf

Quote from migra

dali krivo gledam,percipiram,logiciram kad se ne zamaram razmišljanjem dali će u 2021 pasti kota 2500,već me kopka dali BDI može srušiti kotu 3000?

kotu 2000 ne spominjem jer to držim gotovom stvari.

gdje vi vidite BDI u 2021?

ne košta ništa a imat ćemo materijala za rezime nekad pa raspalite,ne žalite tinte i papira,tipkovnice....

Vidim kotu 4000                                                                                                                                                                            

This is what things looked like just four weeks ago. It has been very rare within the last 2-3 years to see traffic this light in any month.                                                                                                                                          

Soybeans continue to flood out of Brazil, most of which are en route to China.

This map shows snapshot of vessels compared with a week ago, along with the demarcation line of ships that have departed within the last week..... .