Friday, December 17, 2010

Dry Bits Weekly


Top & Bottom 5 Day: SB @8.28 +1.71%, Safe Bulkers the lone gainer >>>
GNK @14.24 -6.06%, NM @5.05 -6.99%, TBSI @2.86 -9.77%. The entire dry world decayed an average ~3.5% over the last 5 days. The tweendeck operator TBSI retains its 4 week role as anchor dropping another quick 10%. DB analyst Boomer James is eyeballing this everyday...uttering something about Santa’ Reindeer riding the tween.

The Baltics 5 Day: BDI @1999 -4.58%, BCI @2723 +1.07%, BPI @2037 -13.57%,
BSI @1613 -3.41%, BHSI @839 +1.08%. Below 2000 we ask ourselves about things like libor rates and the like. The Panasister’s suffer after midmonth coal requirements are easily covered.

Dry Fixtures & Vessel Employment: Ore =16, Coal =1, T/C =99, Period =19
Total =135. The amount of fixtures this week is better than last, yet well below the desired mark of 150. The weeks 135 fixtures utilized the following vessel’s…
Capes =20, PPmax =1, Kmax =7, Pmax =77, Smax =32, Hmax =7, Hsize =4,
Bulkers <30K =9.

Familiar Vessel’s: Torm Skagen, Genco Champion, Torm Anholt.

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