SHIP - golden cross on its way!
in Dry Bulk Market,International Shipping News 26/09/2017
Capesize FFA Commentary:
Capes lost further ground today even with continued news of solid fixtures on both basins. Chinese pollution regulation was one reason that circulated again today with concerns how this could affect the supply chain. Q4 traded down to $17250 at the low before finding decent buying support, also cal 18 lost significant ground and traded down to $13400.
Panamax FFA Commentary:
We opened the week on an easier note on Panamax paper with sellers present from the outset. We quickly gave up $200 on prompt contracts, Oct trading down to $11800 and Q4 trading down to $11650, before finding some support mid morning. With the index coming in on expectation there was limited trading in the afternoon session with many seemingly happy to wait and see what tomorrow might bring.
Supramax FFA Commentary:
Supramax paper opened the week on a softer note as we saw the prompt months get pushed down right from the start. Oct was sold $11200 and Nov $11200-$11000 range. Following suit Q4 was sold $11,150-$11,100. Index remained in positive territory but not as strong as we saw at the back end of last week. Have a good evening.
Handysize FFA Commentary:
Another quiet day on the handysize paper with limited interest. Have a good evening.
in Dry Bulk Market 26/09/2017
Today, Tuesday, September 26 2017, the Baltic Dry Index decreased by 27 points, reaching 1476 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
Source: Hellenic Shipping News Worldwide
in Dry Bulk Market 27/09/2017
The Baltic Exchange’s main sea freight index , tracking rates for ships carrying dry bulk commodities, fell for the first time in nine sessions on Tuesday as rates for larger vessels declined.
The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, dropped 27 points, or 1.8 percent, to end at 1,476 points.
The eight sessions of gains had helped the index clock an increase of more than 12 percent and touch a six-and-a-half-year high of 1,503 points on Monday.
The capesize index ended down 72 points, or 2.27 percent, at 3,101 points on Tuesday, a day after it hit a near three-year high.
Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, declined $811 to $21,639.
The panamax index dropped 28 points, or 1.9 percent, to 1,446 points.
Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 to 70,000 tonnes, fell $226 to $11,625.
Among indexes tracking rates for smaller vessels, the supramax index shed 3 points to 1,065 points, while the handysize index rose 5 points to 607 points.
Source: Reuters
So wie es aussieht haben bald die shorts die ganzen Aktien in Händen ;-)
da kann es ja nur bald nach oben gehen
Schönen Tag noch Ariva !!!
Am besten Ihr verklagt die Leute noch wenn Kritik aufkommt :->>>>
Aber aktuell ist dieser Schiffswert interessant. Der Buchwert ist aktuell ein Witz. Die Firma wird aktuell bewertet nach dem Schrottwert ihrer 17 Schiffe.
Noch dazu gibt es Dividenden pro Aktie von aktuell 24 Cents im Quartal....20 % Rendite
die letztes Jahr eingeführt wurden.
Der Markt in dem sich die Firma bewegt hat nun den Boden erreicht und die Frachtraten steigen aktuell wieder. Noch dazu gibt es so wenig Neubau von Schiffen ( Trockenmasse) wie die letzten 30 Jahre nicht...was dazu führt das die Frachtraten in Zukunft höher sein werden wie aktuell auch schon alleine wegen den ESG Bestimmungen in der Schifffahrt die ältere Schiffe langsamer fahren lassen.