Ahoy There!
Top & Bottom 5 Day: DSX 12.70 +4.87%, GNK 15.74 +2.74%, BALT 11.38 +2.61% >>>NM 5.51 -1.25%, SBLK 2.87 -1.37%, SHIP .985 -7.08%. It came as a surprise that (SHIP) was our laggard this week considering they had announced the completion of two ongoing acquisitions. In another twist of logic, the newbie spinoff from Peter G (BALT) whose vessels work the spot market is among the leaders as rates decay!
The Baltic Numbers week/week:
BDI @ 2444 - 8.59%
BCI @ 3121 -10.34%
BPI @ 2719 - 7.13%
BSI @ 1879 - 6.61%
BHSI @ 1069 -1.47%
Dry Fixtures: Coal =8, Ore =15, T/C =83, Period =12, HSS =3 Total = 121. For the millions of readers at home that wondered what in the heck is an “HSS Fixture” Ski reports heavy beans, soy and sorghum. Cool beans!
Vessel Tally: This is what type of vessel populated the week’s 121 reported fixtures.
Capesize 120,000 > 300,000 =22 P Panamax 90,000 > 120,000 =5 Kamsarmax 80,000 > 85,000 =2
Panamax 60,000 > 80,000 =52 Supramax 50,000 > 60,000 =28 Handymax 40,000 > 50,000 =6
Handysize 30,000 > 40,000 = 2 Bulkers less than 30,000 =4 Total =121.
Familiar Vessels:
The 2002 Supramax Navios Vector fixes Shanghai>China via indo @19,500/day CNR. Another Supramax the Genco Britanny was taken period by Oldendorff 3-5 MOS $21,000/day. Inking a capesize relet the Navios Melodia is fixed to haul ore from Dampier over to Qingdao for Nobel Charters @10.25/ton. One of the” tiny ladies” the bulker Free Hero just came off charter now fixed Tulza>India $19,500/day (an improvement of $1,500 daily over the last hire) by CNR. Good Fortunes
Ski
