Sunday, December 11, 2011

Week 49


Top & Bottom 5 Day:  GLBS 4.22 (+12.53%) DSX 7.97 (+4.86%) SFL 10.87 (+4.31%) >>>
PRGN 0.70 (-6.66%) SHIP 2.56 (-6.90%) EGLE 1.08 (-8.47%). 
No  active T&B alerts.  Paragon slapped  with delisting notice, PRGN Reverse split within 6 Months.

The Baltic Exchange:  BDI 1922 (+3.00%) BCI 3697 (+8.44%) BPI 1713 (+0.70%) BSI 1230 (-7.86%) BHSI 602 (-3.37%).   The BHSI is at its lowest value in over a year!

The Fixtures:  Ore =17, Coal =3, T/C =91, Period =12, Bauxite =1, total =124. 
                        Best Done Period vs. Spot Rate
Capes:  Alpha Cozmos     5-7 MOS   $20,750  vs.  $31,118.
Pmax:  Xin Shun             70 Days      $21,500  vs.  $13,472.
Smax:  Equinox Dream   4-6 MOS   $11,300   vs.  $13,366.

The Vessels:  VLOC =0, Capes =29, P/P =4, Kmax =12, Pmax =44, Smax =26, Hmax =3, Hsize =3, Bulkers =3, Total =124.

Ski Notes:  The following “Familiar Vessels” populated the fixture reports, Baltic Bear, Nord Hercules, Great Eagle, Genco Leader, Yasa Eagle, Ocean Emperor.  For the folks paying close attention to TORM the company has chartered a Pannie on T/C for $15,500 daily running some ore out of Tubarao.
Good Fortunes

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