Tanker Weekly – June 26, 2011
Baltic Dirty Tanker Index rose 1.9%; Baltic Clean Tanker Index rose 7.6%.
Archive for the ‘Shipping’ Category
Dry Bulk Weekly – June 20, 2011
Baltic dry index rose 0.4% last week; Capesize Index was up 5.1%; Panamax Index fell 0.7%; Supramax Index was down 2.2%; Handysize Index fell 2.0%.
No major changes in both price or inventory of iron ore, steel and coal.
Dry Bulk Weekly – June 13, 2011
Baltic dry index fell 4.8% last week; Capesize Index was down 10.5%; Panamax Index rose 7.6%; Supramax Index was down 6.1%; Handysize Index fell 2.1%.
Thermal coal stockpiles unchanged at extremely low levels; Steel stockpiles fell but stocks are high; Iron ore stockpiles at new record high. Prices still strong.
Tanker Weekly – June 13, 2011
Baltic Dirty Tanker Index fell 4.1%; Baltic Clean Tanker Index fell 6.0%.
Dry Bulk Weekly – June 6, 2011
Baltic dry index rose 1.5% last week; Capesize Index was up 8.1%; Panamax Index fell 4.1%; Supramax Index was down 1.0%; Handysize Index fell 1.9%.
Thermal coal stockpiles ticked up but are still at extremely low levels; Steel stockpiles fell but stocks are high; Iron ore stockpiles recorder a massive rise reaching new record high. Prices still strong.
Iron ore inventory rise could be a early warning sign of stronger than expected China slowdown.
Tanker Weekly – June 6, 2011
Baltic Dirty Tanker Index fell 4.1%; Baltic Clean Tanker Index fell 6.0%.
Holidays in the U.S. and in Europe slowed the demand and brought lower rates.
Tanker Weekly – May 23, 2011
Baltic Dirty Tanker Index rose 0.5%; Baltic Clean Tanker Index fell 6.9%.
Dry Bulk Weekly – May 23, 2011
Baltic dry index rose 3.3% last week; Capesize Index was up 11.2%; Panamax Index fell 3.1%; Supramax Index was down 1.4%; Handysize Index fell 1.0%.
Thermal coal stockpiles are unchanged at extremely low levels; Steel stockpiles also unchanged but stocks high; Iron ore stockpiles near record high. Prices strong.
Dry Bulk Weekly – May 16, 2011
Baltic dry index fell 2.5% last week; Capesize Index was down 4.6%; Panamax Index fell 2.8%; Supramax Index was up 0.4%; Handysize Index fell 0.5%.
Large decrease in thermal coal stockpiles; steel stockpiles also fell, iron ore stockpiles unchanged. Prices strong. No sign of any China slowdown.
Dry Bulk Weekly – May 9, 2011
Baltic dry index rose 5.6% last week; Capesize Index was up 0.1%; Panamax Index rose 22.0%; Supramax Index was down 0.3%; Handysize Index fell 0.6%.
Commodities stockpiles were not released, but judging by the price action I suspect no major changes.
Tanker Weekly – May 9, 2011
Baltic Dirty Tanker Index fell 4.0%; Baltic Clean Tanker Index fell 2.9%.
Oversupply of vessels is so high that at even increased supply of cargoes rates are sinking.
Dry Bulk Weekly – May 2, 2011
Baltic dry index rose 1.2% last week; Capesize Index was up 1.6%; Panamax Index rose 5.3%; Supramax Index was down 0.8%; Handysize Index fell 0.6%.
Huge drop in thermal coal stockpiles; Huge drop in steel inventory; Iron ore inventory unchanged. Prices are strong. Monetary tightening still not affecting Chinese commodity demand much.
Tanker Weekly – May 1, 2011
Baltic Dirty Tanker Index fell 1.2%; Baltic Clean Tanker Index rose 0.6%.
We could see a slight bounce in Q2 as refinery maintenance season ends.
Dry Bulk Weekly – April 18, 2011
Baltic dry index fell 5.8% last week; Capesize Index was down 3.0%; Panamax Index fell 10.7%; Supramax Index was down 3.0%; Handysize Index rose 1.3%.
Huge drop in thermal coal stockpiles; Huge drop in steel inventory; Rising inventory of iron ore. Prices are strong. Monetary tightening still not affecting Chinese commodity demand much.
Tanker Weekly – April 16, 2011
Baltic Dirty Tanker Index fell 4.5%; Baltic Clean Tanker Index rose 1.8%.