Posts by jasko

BCI 5 T/C routes 180000 33415 -1515

BPI 5 T/C routes 82500 31897 -125

BSI 10 T/C routes 58328 30819 520

BHSI 7 T/C routes 38200 25170 194

BDI Index 3218 -49

IMO's Marine Environment Protection Committee (MEPC 76), meeting in a remote session from 10 to 17 June 2021, adopted amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI that will require ships to reduce their greenhouse gas emissions.

The new measures will require all ships to calculate their Energy Efficiency Existing Ship Index (EEXI) following technical means to improve their energy efficiency and to establish their annual operational carbon intensity indicator (CII) and CII rating. Carbon intensity links the GHG emissions to the amount of cargo carried over distance travelled.

The amendments to MARPOL Annex VI (adopted in a consolidated revised Annex VI) are expected to enter into force on 1 November 2022, with the requirements for EEXI and CII certification coming into effect from 1 January 2023. https://www.imo.org/en/MediaCentre…ges/MEPC76.aspx

Baltic #Capesize index -4% to $33415 - 1515

Brazil/China -6% to $32k/d

U Kini panamax i supre rastu.... https://en.sse.net.cn/indices/fdinew2.jsp

Product Tanker Market Recovery Still Has a Long Way to Go https://www.hellenicshippingnews.com/product-tanker…long-way-to-go/

One of the key headlines from this week’s Marine Environment Protection Committee (MEPC) meeting at the International Maritime Orghanization has been the confirmation that the Energy Efficiency Existing Ship Index (EEXI) will take effect in 2023.

An estimated 30,000 vessels will need to take action to comply with the regulation.

To this end, class society DNV has launched its EEXI Calculator – a digital tool to support customers in ensuring their compliance with the new regulation. https://splash247.com/dnv-launches-digital-eexi-calculator/

Highest BDI reading since 2010 !

BCI 5 T/C routes 180000 34930 1672

BPI 5 T/C routes 82500 32022 351

BSI 10 T/C routes 58328 30299 461

BHSI 7 T/C routes 38200 24976 186

BDI Index 3267 11-years high

Bulker owners set for strong market

Speaking on an Arctic Securities webinar, executives from two Norwegian companies say that based on supply and demand fundamentals, the dry bulk market looks strong

The chief executives of Golden Ocean and Belships say the upcoming EEXI rules will help the market, with older ships having to cut speeds. https://lloydslist.maritimeintelligence.informa.com/LL1137178/Bulk…r-strong-market                           

BDI is 2.8% below the 52 week (and decade) high.

52w BDI high = 3266

BCI 5TC +5% 34930 +1672

Great chart. #drybulk stocks have persistently priced an eventual pullback in rates. If dry rates and FFAs were to just trade sideways from here, dry stocks would continue to catch up as increased rates yield a much larger relative increase in company earnings and NAVs

Quote from NaBiduAsku

malo nas hebe bremerskrin jutros pa se praćka nećka. a i u Oslu se kilave.. inače bi potukli do 440 sve na otvaranju.

Preokret na suprama Jul21 35125

Quote from jasko

Trebali bi uskoro stići kontejneraše po vozarinama i po vrijednosti broda. Živi bili, pa vidjeli....... https://www.tradewindsnews.com/containerships…-day/2-1-981796

Kako sad stvari stoje kasnimo 3 mjeseca za kontejnerašima. To znači da bi u 9. mjesecu trebali vidjeti $100.000 per day za Panamax dry bulk .......... Živi bili, pa vidjeli... https://www.tradewindsnews.com/containerships…hip/2-1-1025708

Another week of gains for the kamsarmax/panamax markets, spurred by a strong market in the Atlantic and a stable Pacific basin.

The smaller sizes also continued to show strength due to a strong market in Asia, after a quiet start to the week with plenty of interest in short term period fixtures reported.

Can Beijing tame the iron ore trade?

The frosty relationship between China and Australia, which has affected bilateral trade for commodities such as coal, barley and cotton, now threatens to disrupt the iron ore trade https://lloydslist.maritimeintelligence.informa.com/LL1137175/Can-…-iron-ore-trade

India's Coal-Derived Electricity Production Remains Strong https://www.breakwaveadvisors.com/insights/2021/…-remains-strong

COAL MARKET: Asian benchmark thermal coal (Newcastle, Australia) extends rally, surging to nearly $130 per metric tonne, the highest since March 2011

Quote from jasko

BCI 5 T/C routes 180000 33258 2618

BPI 5 T/C routes 82500 31671 1007

BSI 10 T/C routes 58328 29838 506

BHSI 7 T/C routes 38200 24790 128

BDI Index 3176 +151

Panamax 4T/C + 3,4% 30335

BCI 5 T/C routes 180000 33258 2618

BPI 5 T/C routes 82500 31671 1007

BSI 10 T/C routes 58328 29838 506

BHSI 7 T/C routes 38200 24790 128

BDI Index 3176 +151