Top & Bottom 5 Day:
SB @6.46 -2.26% >>>
GNK @3.04 -22.84%, GLBS @3.75
-24.54%, GPRT @62.37 -26.4%. Talk
about an entire sector being taken to the woodshed. The best performing shipper in our coverage
universe was SB only losing 2.26%.
Shockingly 12 Shippers had double digit losses in value of the 19
covered companies. This was by far the
ugliest week of the year. We report no
alerts this week and if you played Eagle last week you lost around 11% not
including costs of buying and selling.
The Baltic Exchange: BDI
=1141 up 0.26%, BCI =1633 up 1.17%, BPI =1274 down 3.63%, BSI =1108 down 0.35%,
BHSI =639 up 8.60%. Finally we see the Panamax slide slow its rate of decay. That’s a bit of good news…sort of.
The Fixtures: Coal
=1, Ore =6,
T/C =52, Period =6, Bauxite =1 total =66.
The reports showed zero fixtures
Thursday so we again cannot read too much into this not having our normal 5
days of data. I will say this much…ore
chores in the single digits…not good…T/C barely breaking 50…not good…
Best Done Period vs. spot rates
Capes: none reported
Pmax: Tian Baifeng 4-6
MOS $11,500 vs. $10,101.
Smax: Oxygen 4-6
MOS $15,750 vs. $11,562.
The Vessels: VLOC
=0, Capes =10, Post P =3, Kmax =7, Pmax =28,
Smax =11,
Hmax =3, Hsize =3, Bulker =1 total =66. The
following Familiar vessels populated the fixture reports; Ocean Shine, Cape Canary, Genco Lorrain.
The Futures:
Capes Pmax Smax Hsize
Index 8,921 10,101 11,562 9,480
CAL13 13,750 10,000 10,000 8,500
CAL14 15,750 11,250 11,250 9,000
CAL15 17,000 12,000 12,000 9,750
Ski Notes:
A special note of
thanks goes out to a TMT regular “ kr”. Thank you for your contributions to our
shipping discussions and your personal comments made to me.
Good Fortunes
No comments:
Post a Comment