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Thursday, 22 September 16
SUPRAMAXES ARE ACHIEVING AROUND $7000 FOR A TRIP WITH SINGAPORE DELIVERY VIA INDONESIA TO CHINA
PanamaxSupramax
A slow start to the week in the Supramax segment in the Atlantic with not much being reported.

In the Blacksea Supramaxes are getting around USD 11000 for trips with grain to Far East says Fearnleys in its latest weekly report. Supramaxes are achieving around USD 6000 for a trip from China to Southeast Asia, while coal runs with Singapore delivery via Indonesia to China is around USD 7000 and a bit more for Thailand redelivery.

According to Oslo-based Fearnleys , Supramaxes with Continent delivery is getting paid low USD 6000’s. Some more period has been concluded with the widely reported Supramax fixing USD 6000 for 3/5 months aps Fujajrah and an Ultramax fixing 4/6 months with Kohsichang delivery at USD7350.

Panamax
Commenting on Panamax Fearnleys  says, sentiment, volumes and rates have improved propelled by the elevated Cape levels and some cape split cargoes. Added by a fair number of fresh requirements in both hemispheres the market has become more balanced from mid week. Levels in the Atlantic has gradually improved to 5000 for T/A rounds and 10000 + for front haul. The broker further noted that, trips from USG close to USD 27 pmt on voyage and up to 11 + 250 on KMAX bss APS. ECSA activity thin but healthy 8 + 300 reported. Improved activity out of NOPAC where levels mid week climb above high 6, and upper 5 to mid 6 done for Aussie or Indo rounds. Despite only a marginal lift on the forward curve, period interest has improved to give Owners of top notch KMax mid/high 6’s for 5-7 months up to about 1 yr.

Capesize
Rallying - mainly on a combination of weather delays in Far East, significantly increased transatlantic mineral volumes, positive Chinese iron ore import trend, and falling number of ballasters heading for Brazil. The worlds’ one of the leading ship broker Fearnleys  says, average daily earnings for the standard 180000-tonners are up 55% w-o-w, coming in at year-best of around USD 15000. Base trades like Waust/China and Brazil/China are expected to maintain momentum for yet some days to come, and paper developments reflect physical expectations - consequently period interest picking up, last exemplified by 177000 dwt/blt 2009 done for 4-8 months at USD 10500 basis delivery Shanghai prompt, also 180000 dwt/blt 2010 fixing 6-9 months at USD 10000 basis delivery Bayuquan prompt.


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Thursday, 03 November 16
THE INDEX BASED COAL SALES & PURCHASE STRATEGY MAKES MORE EFFICIENT, SAYS 55.17% END-USERS
Considering the current coal market condition, the Index based coal sales & purchase strategy make more efficient was deemed the winner by 57.0 ...


Thursday, 03 November 16
CAPESIZE: BRAZIL/CHINA RATES MOVED TO THE $11 PMT LEVEL; WEST AUSTRALIA/CHINA ROUTE MOVED UP CLOSE TO MID $5 PMT LEVEL - FEARNLEYS
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Wednesday, 02 November 16
SHIPPING MARKET INSIGHT
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Wednesday, 02 November 16
SHIP OPERATING COSTS ARE EXPECTED TO RISE IN BOTH 2016 AND 2017 - MOORE STEPHENS
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Tuesday, 01 November 16
PANAMAX : A FAIR AMOUNT OF SIDEWAYS SHIPPING IN RATES - ALLIED SHIPPING
Capesize A very sluggish start to the week, with rates dropping considerably as all optimism seems to have evaporated over the weekend. According ...


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