Superdupert!

Star Bulk kjører scrub på alle skip, inkl supramaxene. Golden Ocean velger tydeligvis en halvgardering foreløpig. Det blir spennende å se hvordan dette slår ut. Uansett, hyggelig for oss også med de positive signalene i Star Bulk-rapporten :-)

Bare 0,4 nedgang i ratene i dag viser at de høyst sannsynlig skal opp igjen med det første. Det er tross alt på denne tiden av året at ratene peker. Kanskje kom absolutt peak litt tidligere i år på grunn av de ekstraordinære omstendighetene som har preget markedet.,men vi vil trolig se meget hyggelige rater også fremover.

Freight futures am update
Capesize up ~3%
Panamax up ~3%
#shipping #drybulk $BDRY

🥳

BULK:BALTIC DRY-INDEKSEN +0,47% TIL 1.720 POENG

14:02
Oslo (TDN Direkt): Baltic Dry-indeksen er opp 0,47 prosent til 1.720 poeng, ifølge The Baltic Exchange torsdag.

Baltic Dry +0,5%

Capesize -0,4%

Panamax +2,7%

Handysize +0,2%

Supramax +0,4%

Ser ut som Star Bulk skal pisse på GOGL for fjerde strake dagen på rad.

Er der noen hus som har estimert resultatet for Q2 Kjepet ? Hva ligger de i såfall på ?

Tja, siste uke ( i skrivende stund): Star Bulk -10,7%, Golden Ocean -11,3%. Siste måned: Star Bulk -15,1%, Golden Ocean -10,63%.

Jeg ser på Nasdaq. I skrivende stund er stbk ned 1% siste uke og Gogl ned 6%.

at panamax ratene stiger i en vanligvis slapp august gir kanskje en god pekepinn på hva vi har i vente 👍
sqrubber installasjon vil gjøre det brennhett i shipping de neste månedene og med rekordlav ordrebok ser kort og lang outlook bra ut 😎

Det er også positivt at Star Bulk i sin rapport sier at de forventer økt skraping av ineffektive skip når IMO2020 trer i kraft. Skrapingen som var godt i gang i vår har jo nærmest stoppet helt opp, og det har kanskje vært litt frykt for at det vil forbli stille på den fronten etter det voldsomme rate-oppsvinget vi fikk. Nå skvises trolig det siste ut av de rustne holkene før det bærer til Chittagong en gang på nyåret.

kommer til å bli smoking hot 🔥

India: Steel ministry mulls options for duty free export of higher grade iron ore
in Dry Bulk Market,Freight News 08/08/2019


The steel ministry has set in motion a study on whether higher grade iron ore is being exported by passing off as lower grade material or pellets. Inferior grade ore with iron content up to 58 per cent and pellets are currently exempted from export tax while richer grade ore attracts 30 per cent duty.

The ministry has decided that consultancy firm Mecon will commission a study on the possibility of export of high grade iron ore lumps or fines (iron or Fe content above 58 per cent) either in the garb of low grade ore or as iron ore pellets, which enjoy export duty waiver regardless of the ore content.

At present, iron ore with Fe content up to 58 per cent is exempted from export duty. Over the last six months, this baser grade ore has gained traction in the export markets after the crisis at Vale’s Brazil mines in January this year and operation of some key iron ore mines in Australia were hit by a cyclone. Chinese steelmakers have shown renewed appetite for buying lower grade iron ore fines after the environmental regulations did not turn out to be as stringent as anticipated. Buying inferior grade iron ore instead of pellets is helping Chinese steel companies to shore up their bottom line.

Lower grade iron ore fines is getting stacked up at mine heads with no demand in the domestic market. At the end of March, iron ore stockpile at mines is estimated to have reached over 150 million tonnes. Odisha and Jharkhand contribute nearly 80 per cent to the inventory.
Source: Business Standard

SBLK og GOGL har noen forskjeller også som kan forklare litt. GOGL er mer Cape, SBLK noe mer mindre skip. Sannsynligvis ganske forskjellig eierbase (begge notert US, men GOGL hovednotert på kasinobørsen Oslo). For mitt vedkommende har jeg ca 5x så mye GOGL, men det er litt tilfeldig og litt fordi SBLK er for illikvid i Oslo.

China's July coal imports jump 21% on strong summer power demand | Reuters https://t.co/1hnnN9Y1YW
#shipping #drybulk $BDRY

Some strong moves in freight futures for Capesizes this morning, as the typhoon Lekima is causing some major Chinese ports (Beilun, Shulanghu, Kemen, CJK Channel) to shut down for up to 3 days, potentially causing delays and congestion.
#shipping #drybulk $BDRY

Og India følger også opp med økt kullimport
https://www.hellenicshippingnews.com/panamax-owners-rejoice-as-indias-coal-imports-surge/

Bulls roper også kjøp nå:
Last Signal:BUY
Last Close:48,20
Change:+1,40 Percent change+2,99%
Signal Update Our system’s recommendation today is to BUY.
The pattern finally received a confirmation because the prices crossed above the confirmation level which was at 48,14, and our valid average buying price stands now at 48,20. The previous SELL signal was issued on 30.07.2019, 9 days ago, when the stock price was 54,92. Since then GOGL.OL has fallen by -12,24%.
Market Outlook Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity. more...

BULK:10 CAPESIZE-SPOTSLUTNINGER TORSDAG

06:31
Oslo (TDN Direkt): Det ble rapportert om ti capesize-spotslutninger torsdag, der åtte er for jernmalm og to er for kull.

Det fremgår av en slutningsliste fra Arrow Shipbroking Group.

Det ble sluttet syv reiser til Kina, der to går fra Sør-Afrika, to går fra Brasil, to går fra Australia og en går fra Canada.

Videre ble det sluttet to reiser til Japan, der en går fra Sør-Afrika og en går fra USA-gulfen.

Ellers ble det sluttet en reise fra Storbritannia til Nederland.

Baltic Exchanges capesize-indeks falt foregående handelsdag 0,43 prosent til 23.782 dollar.

LK finans@tdn.no
TDN Direkt, +47 21 95 60 70
© TDN delayed

bull

Skal vi være litt freidige å satse på 7-8% opp i dag?

Tipper 2-3%

Kina-cape / Pmax begge opp. Cape + 0,76 Pmax +1,71.

Sitter og drømmer om at vi var tilbake til 30. april i år da ratene var 61% lavere enn dagens. Da var aksjekursen tross alt 9% høyere enn dagens......

Capsize +1% i dag

Snur opp igjen nå, siste dag nå med billigsalg på 40 tallet, neste uke er vi på 50,-. Riktig god helg alle sammen!

BULK:BALTIC CAPESIZE-INDEKS +1,0% TIL USD 24.022/DAG

Oslo (TDN Direkt): Baltic capesize-indeks er opp 1,0 prosent til 24.022 dollar pr dag, ifølge The Baltic Exchange fredag.

Hipp hurra!

Me2

Helt tydelige at saftige utbytter (fra Q3) og høy inntjening påvirker kursen svært negativt..

Freight futures am update
Capesize up ~5%
Panamax up ~4%
#shipping #drybulk $BDRY

Om dette er vendepunktet for høsten er det jo bare helt magisk :-)

Freight futures am update
Capesize up ~5%
Panamax up ~4%

Som nevnt tidligere i dag, siste mulighet i dag med billigsalg på 40 tallet :-)

Helt vanvittig volatilitet i ratene om dagen. Det er nesten så man er fristet til å trade gogl i stedet for å sitte stille.

GOLDEN OCEAN GROUP LIMITED: GOGL - INVITATION TO PRESENTATION OF Q2 2019 RESULTS

13:15
In connection with the release of Golden Oceans second quarter 2019
results in the morning (CEST) Thursday August 15, 2019, a
teleconference/webcast will be held as described below:

Teleconference and webcast
A conference call will be held at 03:00 P.M. CEST (09:00 A.M. New York
Time) on Thursday August 15, 2019. The presentation will be available for
download from the Investor Relations section at www.goldenocean.bm (under
Presentations) prior to the teleconference/webcast.

In order to listen to the presentation you may do one of the following:

a. Webcast
Click the Webcast link on www.goldenocean.bm

BULK:BALTIC DRY-INDEKSEN +1,6% TIL 1.748 POENG

14:01
Oslo (TDN Direkt): Baltic Dry-indeksen er opp 1,6 prosent til 1.748 poeng, ifølge The Baltic Exchange fredag.

Baltic Dry +1,6%

Capesize +1,0%

Panamax +3,2%

Handysize +0,4%

Supramax +1,2%

Ikke bare vi her inne som mener Gogl har mye å gå på vs rateøkningen vi har sett i hele Q2. Tror det er lurt å posisjonere seg her nede før q1 pres neste torsdag med guiding da resten av året / 2020! :-)

....,
For the month of August, $BDRY has outperformed dry bulk stocks by more than 15%.
Since April 1, $BDRY has outperformed dry bulk equities by more than 65%, as stocks have missed one of the strongest rallies in freight rates.e bare vi her inne som mener GOGL nå har MYE å hente inn vs den kraftige rateøkningen vi har hatt i hele Q2!

Clarksons on Capesize rates:”The cape curve opened higher this morning with the physical picture looking strong due to weather related delays expected in the pacific, and c5 printing higher on the back of this”
#shipping #drybulk $BDRY

Baltic index nudges up, but posts third weekly fall
in Dry Bulk Market,International Shipping News 10/08/2019


The Baltic Exchange’s main sea freight index rose on Friday, buoyed by an uptick in demand across all vessel segments, but still posted its third straight week of losses.

The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 28 points, or 1.6%, to 1,748 points.

The index on Thursday broke a 12-session losing streak, but posted a 2.2% weekly decline on Friday.

The capesize index gained 41 points, or 1.3%, to 3,222 points. The index posted its third straight week of decline, down about 7.7%.

Average daily earnings for capesizes, which typically transport 170,000 tonne-180,000 tonne cargoes such as iron ore and coal, rose $240 to $24,022.

“The second half of 2019 will be much better than the first half of 2019 as Vale continues to ramp up its iron ore production and exports, and scrubber installations continue to limit fleet availability,” Jefferies said in a note.

Vale’s resumption of production at Brucutu, its largest mine in the state of Minas Gerais, pushed Brazil’s iron ore exports to the highest level in nine months in July, data showed last week.

The panamax index gained 59 points, or 3.2%, to 1,898 points, highest in more than a week. The index has risen 6.7% this week, its first weekly gain in three.

Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 tonnes to 70,000 tonnes, rose $468 to $15,169.

The supramax index was up 11 points at 970 points.
Source: Reuters (Reporting by Shreyansi Singh in Bengaluru; Editing by Maju Samuel)

China Goes Big on Commodities Purchase Amid Shifting Trade War
in Dry Bulk Market,Freight News 10/08/2019


Commodity purchases by China rebounded strongly in July. Imports of soy to coal and crude oil gained, signaling demand in the world’s biggest buyer remains solid even as a trade spat with the U.S. escalates.

The increase comes as the nation’s overall imports shrank less than forecast while export growth rebounded, signaling some recovery in trade before new tariffs threatened by the U.S.

The nation’s total imports “look surprising,” with the strong commodity component driven by both rising prices and volumes, said Betty Wang, senior China economist at Australia & New Zealand Banking Group Ltd. in Hong Kong. “Coal and crude oil volumes also held up, which could be seen as signs of rising energy demand,” she said, adding that higher iron ore prices year-on-year also boosted the value of imports.



Soy

Soybean shipments jumped in July to the highest level in almost a year as Chinese crushers boosted volumes from South America, and before halting U.S. purchases. Imports rose to 8.64 million tons last month, from 6.51 million tons in June and 8 million a year ago. The strength may persist through August and September, which could raise inventories and slow future purchases.

Coal

Coal imports surged to the highest in six months as companies brace for tougher import controls in the second half. Shipments jumped 13% in July from a year ago to 32.89 million tons, handing authorities further impetus to clamp down as they aim to keep annual volumes at levels similar to last year’s.

Crude Oil

The end of a peak maintenance period saw China’s crude oil imports recover in July as state refiners rebuild stockpiles. Purchases climbed 14% on-year to 41.04 million tons. Additional crude oil quota to private refiners should keep imports upbeat in the second half, according to a note from ANZ.

Iron Ore

Iron ore sees yet more evidence of rebounding supply. Chinese imports soared to 91 million tons in July from 75 million a month earlier as output disruptions in Australia and Brazil ease. Purchases were also up slightly from a year ago.

Copper

Chinese buying of overseas copper concentrates rose to a record amid an ongoing push to boost domestic refining capacity. And while inbound cargoes of unwrought copper and products fell from a year earlier, they were up from the prior month as import premiums rose.
Source: Bloomberg

15.aug. kommer q2 og halvårs rapporten.

SGX iron ore futures taking another dive in Asia, with the front month contract down ~6% to six month lows of ~$83/ton. As a comparison, front month futures were trading ~$75/ton just days before the Vale dam accident in late January.
#shipping #drybulk $BDRY https://t.co/DDAUaiIgYm

Det er mandag og futtene er opp!! Liten omsetning i gogl , børsene er opp i Europa. Oslo og gogl er ned.

Kina-cape / Pmax opp hhv 2,90 / 1,0 %.

Capsize +1,6% i dag

Donald blåmandag 🤪

Freight futures am update
Capesize up ~2%
Panamax up ~4%
#shipping #drybulk $BDRY

SHIPPING: BALTIC DRY-INDEKSET STIGER 1,49 PCT. TIL 1774 POINT