Er det nå vi starter ferden mot 60kr


Oppløftende rater fra Avance.98 $/ton Houston-Chiba.Baltic er noe ned.
isolon
16.09.2020 kl 16:09 4675

Ratene opp. 48.333 flg Fearnley´s
isolon
16.09.2020 kl 16:09 4684

Ratene opp. 48.333 flg Fearnley´s
Just me
16.09.2020 kl 16:17 4745

Hva faen, har jo nettopp nedgradert lpg til selg, også stiger ratene igjen..
Just me
16.09.2020 kl 16:19 4737

Voleon Capital Management Lp Har igjen redusert shorten med 100K aksjer.. takk Jokke
Titleist
16.09.2020 kl 16:30 4691

Vurderer å anmelde Hannisdahl til økokrim / finanstilsynet.

Det sprøytet den fyren serverer, ser veldig ut som "bestillingsverk" for en "venn i nøden". At markedet reagerer på disse twittermeldingene hans er jo intet mer enn utrolig, men da bør også finanstilsynet følge med og sjekke at ting går riktig for seg.
uldiuldi
16.09.2020 kl 16:43 4643

Ja gør det Titleist


Har du lenke til denne?

Og denne Hannisdal. Artikkel? Hvor?
Redigert 16.09.2020 kl 16:48 Du må logge inn for å svare
UNIT
16.09.2020 kl 16:53 4599

Fearnleys oppdaterer ratene PR mnd hver uke (onsdag). Raten PR mnd er nå 1.450.000 usd. Dette finner du på fearnpulse.com weekly report

Ratene er i følge Poten 45,575

Index -3% to (TCE $45k/d

Raten ruller over nå, som forventet
Redigert 16.09.2020 kl 19:36 Du må logge inn for å svare

Med rater som vandrer mellom 44-50.000$/dag er jo vannvittig bra ,men hjelper lite om markedet skvetter i bokseren for ingenting.


Gas

Chartering
WEST
The West market has been relatively uneventful this week apart from a South American oil major entering the market for a VLGC 6-10 October. Despite shipping availability being relatively scarce in the first half of October, the market remains quite resilient for the time being. Mid October onwards there are some relets appearing in the USG, which may give an impression of the market weakening. Nevertheless, the number of spot fixtures concluded thus far for the month would suggest that there are at some fifteen to twenty spot deals left to be done, that is, if comparing to the monthly average number of fixtures done so far this year.

EAST
With more cargoes from the Indian majors shown to the market this week for 1st decade October loading, we have also started to see other trading companies looking at freight in the Middle East. A couple of ships were booked last night in the USD mid 50 Baltic range, and there are still 2 uncovered Indian cargoes which are being worked today. We are still also waiting for the announcement of Saudi acceptances which could possibly create further shipping requirements. In the meantime there are 3-4 trader relets available for the current fixing window, and together with the open ships from the main owners freight is looking fairly balanced at the moment (unless we see a sudden additional demand for shipping post Saudi acceptances).


LPG Rates
Spot Market

(USD/Month)


Click rate to view graph

VLGC

84'
$1,450,000
$50,000

Vi er helt klart i en stigende trend med få selgere på dette nivået👍🏻
sh030158
17.09.2020 kl 09:24 3655

Helt enig - tjek hans ændringer i estimater med fakta.
Det er utroligt at Cleaves lægger navn til.
isolon
17.09.2020 kl 09:26 3648

Når du skriver 50.000$ betyr det selvfølgelig at ratene pr måned har økt med 50.000$ siden forrige oppdatering. Del 1450.000$ med 30 så får du dagsraten,altså 48.333$,om jeg har forstått dette rett.

Salg av skip,ville ikke det gitt et ekstraordinært utbytte utenom Q’en?bare lurer

Jeg skriver ikke 50.000,men Fearnleys gjør det.Den siste uken har ratene økt med 50.000$/mnd.Riktig.1.450.000/30 dager.
Redigert 17.09.2020 kl 14:55 Du må logge inn for å svare

Rett opp! Det her er ikke normalt.noe må være på gang

Det skal brukes som kapital til å betale innskudd for de to nye skipene.

Her er det noen som vet noe. BW og Avance rett opp siste 30min på høyt volum.
Just me
17.09.2020 kl 18:26 2977

From To StartPrice EndPrice Short-% #stocks Change
1. 2020-09-15 2020-09-17 (ongoing) 23.160 23.300 2.39% 1,547,888 -0.217 M

https://shortnordic.com/history_player.php?player=VOLEON%20CAPITAL%20MANAGEMENT%20LP&land=norway

Shorten redusert med 100K, takk Jokke for billige aksjer
Redigert 17.09.2020 kl 18:32 Du må logge inn for å svare

Bryter vi motstandsnivået på 24kr idag?Hvis vi gjør det er det kort vei til 40kr

Ser ut som om BWLPG må vise vei idag.Mulig det blir brudd på 40kr der.60kr neste.

03
Gas

Chartering
WEST
Freight is strong in the US and trading at closer to mid USD 90's, which is a couple USD premium to Baltic. The shipping markets are currently experiencing inefficiencies due to bad weather in the Far East, up to a week of delays in Panama and Houston is at time of writing lagging 3-4 days in loadings. In October we see quite a few uncovered cargoes for the back end of the month and we could see freight rates strengthen more in the weeks ahead, although the arb West/East so far seems to keep a ceiling on freight before we experience three digit rates concluded.

EAST
Fixing out of the Middle East is now moving towards second decade of October dates, and with 6-7 vessels still potentially available in the first decade, we might see an overhang of ships which is currently putting some pressure on the Baltic. However, with a stronger West premium seen at the moment, we don’t expect the Baltic to come off by too much as owners would eventually be inclined to send their ships out West instead.


LPG Rates
Spot Market

(USD/Month)


Click rate to view graph

VLGC

84'
$1,250,000
-$200,000

Fearnleys forventer at ratene skal styrke seg.

Poten:41.598

China’s LPG sector faces demand, natural gas challenge

Published date: 23 September 2020
Share:

Local governments in China are pushing households to switch from LPG to piped natural gas, adding to the challenge of weak commercial and industrial demand for the fuel during the Covid-19 pandemic.

Sales volumes were 20pc lower during the first eight months of this year compared with the same period in 2019, according to LPG importers in east and south China.

Residential LPG demand in the southern city of Shenzhen in Guangdong province is shrinking as the local government requires residential buildings to use piped natural gas, a local trader said. Some communities with access to natural gas pipelines are also no longer allowing LPG cylinder deliveries, the trader said.

But the actual use of natural gas may be much higher as many households within these residential communities have not switched away from LPG because of the high costs associated with opening an account with natural gas suppliers, the trader said.

Total LPG import volumes at the five wholesale terminals in the Pearl River Delta area — Sinobenny, Jovo, Chinagas, Siamgas and New Ocean — decreased by 14pc on the year to 2.23mn t over January-August, data from oil analytics firm Vortexa showed. And import volumes at the Sinobenny terminal in Shenzhen declined by 42pc to 210,000t, according to the same data. The slump was largely a result of the switch to natural gas.

China's LNG sales volumes during the first half of this year increased by 17.5pc from the year-earlier period to 1.65bn m³, with piped natural gas supplies accounting for 1.41bn m³, according to an interim report published by city gas firm Shenzhen Gas, the parent company of Sinobenny. Shenzhen Gas owns LPG and LNG import businesses in more than 11 provinces across China.

The report also showed that 132,000 households in Shenzhen switched to natural gas from LPG in the first half of 2020, while LPG wholesale volumes in the key Pearl River Delta area fell by 32.7pc from a year earlier to 192,000t during January-June.

In east China, LPG is mostly used in the commercial sector in cities and in rural households besides the petrochemical industry. But safety concerns following the June explosion of a road tanker carrying LPG and subsequent cylinder blow-ups have sparked a debate about switching to natural gas in the food and beverage sector in east China's Zhejiang and Jiangsu provinces. Some restaurants in Jiangsu have stopped using LPG cylinders and switched to electricity or natural gas.

A slowdown in domestic and global economic activity because of the Covid-19 pandemic has also contributed to the fall in LPG demand. Revenues from China's food and beverage sector have started to recover but remain 26.6pc lower than the first eight months of 2019.

In south China and the bordering inland and eastern provinces, industrial demand for LPG has slumped because of a slowdown in international trade. Many pottery and porcelain manufacturing plants have shut down because of a lack of overseas orders, said an LPG importer in the Chaoshan area. Industrial demand was only 30-40pc of levels in the first eight months of 2019, he said. Industrial demand typically hits a peak in September as manufacturing plants try to fulfil overseas orders for the Christmas holiday season, but it has been quiet this year, he said.

The lack of international orders and switch to natural gas have dented industrial demand for LPG, said a refiner in the southwestern Fujian province.

One of China's largest pottery and porcelain manufacturers has switched to natural gas from LPG because of safety concerns.

Consistently lower prices for LNG delivered to Asia-Pacific markets compared with delivered LPG prices (see graph) are also likely leading to a rise in residential demand for LNG.

China's natural gas supplies — a combination of domestic production and LNG and pipeline imports — increased by 6.5pc on the year to 181.7bn m³ over January-July, according to data from China's customs and the national bureau of statistics.

The country's underground natural gas storage capacity will reach 14.84bn m³ by the end of this year, 23.4pc higher from the end of 2019, according to Argus estimates.
J.T.
23.09.2020 kl 18:19 1416

Abundant supply, lower prices make automotive LPG promising fuel for future.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/abundant-supply-lower-prices-make-automotive-lpg-promising-fuel-for-future/74603931

NEW DELHI: The government's push to provide clean cooking fuel to every household has turned India into the world's second largest LPG consumer whose demand is projected to rise 34 per cent by 2025

https://energy.economictimes.indiatimes.com/news/oil-and-gas/india-becomes-worlds-2nd-largest-lpg-consumer-after-ujjwala-push/67853434




BIF78
23.09.2020 kl 18:38 1378

Højere standard af køkkenudstyr i Indien, det er en total win-win for både de indiske husmødre og Avance👍

Futures for Q4 og Q1 2021 stiger og tilsvarer snart TCE over 40.000/dag for de neste 5 mnd. Fraktmarkedet er vanvittig sterkt. Avance og BW tjener solide summer med disse ratene. P/E under 2 og NAV på 30-40% i begge? Merkelig prising. Her er det bare å kjøpe med alt man eier og har.. Det kan ikke være mye nedside her.

Foskjellen på Avance og BW er at BW ikke shortes akkurat nå

Der kan være mange shorts under 0,5 % vi bare ikke kan se.

Er alt for kaldt i været til å gå med kort bukser nå.
Redigert 25.09.2020 kl 12:05 Du må logge inn for å svare