Coal prices rose to above $71 per tonne in the first week of December, close to the levels not seen since early February amid expectations of higher restocking levels and a boost in seasonal demand. https://tradingeconomics.com/commodity/coal

Vale on its iron ore recovery: “It’s not a sprint, it’s a marathon,” CEO Eduardo Bartolomeo said Wednesday on Vale’s annual investor day presentation. “The ones that come to run with us will reap the benefits of big value creation.” https://markets.businessinsider.com/commodities/iron-ore-price

Počeli su analitičari s Wall Streeta sa prognozama za brodare. Za neke i preko 1000% npr. SHIP Wall Street analysts have a consensus price target for the stock at $6, which means that the shares’ value could jump 1100% from current levels. https://marketingsentinel.com/2020/12/01/sea…win-over-bears/

Vessel scrap prices have broken through the $400 per ldt https://www.tradewindsnews.com/insight/scrap-…free/2-1-922513

Fitch upgrades 2021 shipping outlook as boxships and bulkers rebound https://www.tradewindsnews.com/finance/fitch-…ound/2-1-922793

Baltic Dry Index Falls 0.83% to 1,201
Capesize -0.08% to $12,322
Panamax -2.52% to $11,071
Supramax 58k tons -0.14% to $11,209
Handysize +0.37% to $9,919

The unstoppable iron ore: SGX December futures continue their rally supported by a perfect storm of strong demand, tight supply and ever increasing trade war risks..                                                                 

Mining supercycle talk back as copper, iron ore prices surge to 7-year highs https://www.mining.com/mining-supercy…o-7-year-highs/

Štrajk završava na kolumbijskom rudniku ugljena Cerrejón https://www.bnamericas.com/en/news/strike…rrejon-coalmine

Wall Street’s incredible shrinking shipping stocks https://www.freightwaves.com/news/wall-stre…shipping-stocks

Don't Look Now, But Bulker Fleet Growth Is About To Crash To 20-Year Lows

Obavijest o otvaranju predstečajnog postupka nad Sladorana
d.o.o. Zagreb https://eho.zse.hr/fileadmin/issu…837d381c887.pdf

Shipping Weekly 48/2020

Dry Bulk: Capesize 5TC earnings rose 7% w/w to close at $13k/d on Friday. While activity in the East was quite subdued, the Atlantic was busier with most fixtures being ex-Brazil. In smaller tonnage, Panamax earnings ticked up another 6% w/w to close at $12k/d, with Indonesian coal exports lending support. Supramax earnings also strengthened 10% w/w to $11k/d as both basins showed momentum. https://fda195ed-9571-42ec-b092-d42af79f832c.usrfiles.com/ugd/fda195_f5f…aacf719c475.pdf

Dužnik je podneskom od 14.10.2020. godine dostavio plan restrukturiranja u gore
naznačenom predmetu, a koji je naslovni sud objavio na oglasnoj ploči 19.10.2020. godine.
U međuvremenu je Dužnik primijetio jednu grešku u pisanju u odnosu na plan
restrukturiranja u dijelu točke 11.4. - Treća skupina - Vjerovnici koji se odnose na državu,
državno vlasništvo i vjerovnike od državnog interesa i to na stranici 57 -
gdje umjesto pogrešno napisanog teksta u prvoj rečenici točke hb) Uvjeti koji vrijede za sve
vjerovnike skupine koji glasi:
„Prihvatom ponude namirenja od strane vjerovnika ove skupine na iste će se, u mjeri u kojoj
je to moguće, primjenjivati sve odredbe točke 11.3 od a) do f).“
Treba ispravno stajati:
Prihvatom ponude namirenja od strane vjerovnika ove skupine na iste će se, u mjeri u kojoj je
to moguće, primjenjivati sve odredbe točke 11.4 od a) do f).“
2
Ostali sadržaj plana restrukturiranja, uključujući i nastavak teksta u točki hb) ostaje u cijelosti
nepromijenjen.
Dužnik moli naslovni sud da ovu očitu grešku u pisanju ispravi prilikom donošenja rješenja o
prihvaćanju plana restrukturiranja i potvrde predstečajnog sporazuma.

Baltic Dry Index Rises 0.9% to 1,230 Capesize +1.58% to $12,712
Panamax +0.29% to $11,527
Supramax 58k tons +0.67% to $11,198
Handysize +1.54% to $9,719

#ironore #futures rallied to near-$127 on Thursday on the strength of Chinese steel demand. The world’s largest miner, BHP, expects demand to remain resilient with moderate production growth next year, according to a UBS Group report, citing BHP’s Chief Commercial Officer Vandita Pant at a roundtable.
The positive sentiment is echoed by the Commonwealth Bank of Australia though the bank expects China’s steel demand to slow down next year. The latest MySteel data showed that steel demand remains robust, with inventories continuing to be drawn down, albeit at a slower rate (-5.15% last week versus -9.04% the week prior). Some trade participants expected the good Chinese downstream #steel demand to continue into 2021, supported by active restocking activities as well as more accommodative fiscal and monetary policies.

Meanwhile, outside of China, steel demand in the US and Europe are also improving due to higher automotive demand for #HRC products, based on data from Goldman Sachs. The investment bank also highlighted the European mills had made some limited restart due to lack of steel imports which resulted in a shortage in the domestic market.

Baltic Dry Index Rises 1.84% to 1,219
Capesize +2.69% to $12,514
Panamax +0.98% to $11,494
Supramax 58k tons +1.64% to $11,124
Handysize +3.14% to $9,572

BIMCO’s Q4 Shipping Market Outlook webinar

FFA Tone: Capes trading better this morning across the curve on rumors of better fixing in both basins…Dec trading low of 13k and high of 13900 and good buying on back-end. Panamax and smax both turned positive on back of cape strength.

Baltic Dry Index Rises 1.61% to 1,197
Capesize +1.58% to $12,186
Panamax +1.2% to $11,382
Supramax 58k tons +2.29% to $10,944
Handysize +2.41% to $9,281

Freight futures am update Capesize up ~6%
Panamax up ~2%