Posts by jasko

  • ATPL (Atlantska plovidba d.d.)

    Na dan 11.05.2021.

    BPI timecharter 4 T/C routes 26404

    BSI timecharter 10 T/C routes 24699

    BHSI timecharter 7 T/C routes 22010

  • DRY BULK

    BCI 5 T/C routes 180000 29620 -1434

    BPI 5 T/C routes 82500 24903 -382

    BSI 10 T/C routes 58328 27413 468

    BHSI 7 T/C routes 38200 24037 152

    BDI INDEX 2754 -55

  • DRY BULK

    Future prospects

    With vessel order books at record low levels, this is the first time for a long time that dry cargo shipping looks to be in a good place. If we look at publicly listed dry cargo companies, their share prices have languished and declined consistently over the last 10 years. However, in recent months most have at least doubled. Optimism is high!  https://tradeviews.net/do-you-follow-commodity-prices/

  • DRY BULK

    In the Atlantic, the Grande Island (58,110-

    dwt, 2009) was fixed for a trip with a delivery to the Mississippi River to

    redeliver Japan at $31,000. Another was Bulk Uruguay (57,937-dwt, 2011) which

    has been fixed for a coal run with a delivery to Mobile to China at $30,000. In

    the Indian Ocean, Aliki Perrotis (60897-dwt, 2015) was fixed for a prompt iron ore

    trip to deliver at Visakhapatnam to North China via East Coast India at $39,500.

    The Clipper Kalavryta (63,325-dwt, 2015) has been fixed for a delivery passing

    Jeddah to redeliver Paradip via the Red Sea at $32,000

    In the Pacific, the Europa Bay (58,606-dwt, 2013) was fixed for a nickel ore run

    with a delivery from Taichung to Philippines at $32,000. Pavo Bright (61,281-dwt

    2017) has been fixed for a delivery to Samarinda to China with an option to

    redeliver to Vietnam at $30,000 with a ballast bonus of $275,000 by China Coal

    Solution.

  • DRY BULK

    Next big shipping boom?

    2021 has so far been a great year for the dry bulk market with Supramaxes, Panamaxes and Capesizes all experiencing decade-high earnings. We asked Carlos if this is the beginning of a boom period for shipping? After a very positive first quarter, he is “optimistic because we see growth in the world, people are coming back to hospitality, events, construction etc” in Q1 on the Supramaxes we had “97% utilization which is huge” and “cargoes are flowing from everywhere all the time with no difficulty”. In general, life is returning with governments and businesses around the world looking to recover from 2020 and he can’t see any reason not to be optimistic about the future going forward. He urged shipowners to learn from the experience of the past few years and not go crazy and order too many new vessels. Instead, he encouraged them to take advantage of the second-hand market — a message that our CEO, Mr Radziwill, has said countless times. https://ctmmc.medium.com/ctm-podcast-ep…na-d0777722bfd6

  • DRY BULK

    ORDERBOOK/SUPPLY - The publicly quoted order book for the
    Supra/Ultramax segment is below 5 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 2021-23 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. Forecasts for GDP growth in 2021 have been continuously revised upwards.
    General consensus points towards healthy levels of economic activity for 2022.
    MARKET PROSPECTS – The market outlook has turned very bullish. 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. Even though ship values have started to increase, there is
    significant potential for upside should the market for ships reflect rates and values
    according to historical correlations https://ml-eu.globenewswire.com/Resource/Downl…63-81cf25291ad0

  • DRY BULK

    By the looks of the historical development of BCI, there are reasons to suspect an imminent inflection point towards a subsequent upcoming hike.

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