Ahoy There! Week #16
Top & Bottom 5 Day:
BALT @4.64 up 13.73%, SBLK @0.94 up 8.05%, EXM @1.75 up 5.42% >>>
DRYS @3.16 down 3.95%, VLCCF @11.84 down 7.57%, FREE @1.39 down 9.15%.
If we could count on BALT to stay lock stepped with the
changes in the Baltic Index we might be able to make a play or two. The big name DRYS being listed among the laggards was a bit of a surprise. The sector worst performing equity FREE played out exactly as we thought it
would giving up almost ten percent while the index gained 10%.
The Baltic Exchange:
BDI =1067 (+9.77%), BCI =1533 (-2.48%), BPI =1487 (+28.41%), BSI =1020 (+8.97%), BHSI
=635 (+17.59%).
The Fixtures:
Ore
=15, Coal =7, T/C =82, Period 11, Scrap =1, total =116.
The ore chores hold
par with the 4 week average of 14.5 ore fixtures, but the coal underperformed
the average by 20 percent.
Best Done Period vs. Spot Rates
Capes: none
reported vs. $6,627.
PMax: Pan
Uno 4-6
MOS $15,000 vs. $10,835.
SMax: Toucan
Bulker 4-6 MOS
$12,000 vs. $10,374.
HMax: Marleybone 3-5 MOS
$13,500 vs. $ 8,399.
The Vessels:
VLOC =0, Capes =24, Post P =5, Kmax =15, Pmax =44, Smax =24, Hmax
=1,
Hsize =1, Bulkers =2,
total =116.
The following “Familiar Vessels” populated the fixture
reports this past week.
Ocean Trader, Nord Aquila, Thor Achiever, Akmi, Navios Meridian, Navios
Vector, Genco Titus, Grand Clipper, Calipso, Lusitania G, Golden Bull, Clipper
Monarch, Torm Atlantic.
The futures:
Capes Pmax Supra H/S
Spot
6,627 10,835 10,374 8,399
CAL13 14,250 10,250 10,250 8,500
CAL14 15,750 11,500 11,750 9,000
CAL15 17,000 12,250 12,000 9,750
If we examine CAL13 last month we might get a sense of …?
Therefore in the last 30 days the change in CAL13 future
values are as follows.
Capes: gained 5.5%
Pmax: lost 2.38%
Smax: lost 4.65%,
Hsize: unchanged
Ski Notes:
Good Fortunes
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