GOGL - Juni #1
Dry Bulk Market: June Promises to be a “Hot” Market says shipbroker
in Dry Bulk Market,Hellenic Shipping News 01/06/2018
There are a number of variables coming into play in the dry bulk market at the moment, enough to mark a shift in the freight rate dynamics. In its latest weekly report, Allied Shipbroking claims that “it’s looking as though June will turn out to be a “hot” month after all, given the most recent trade news that have emerged in the Dry Bulk space. The US and China made a significant step back this weekend in reference to their most recent trade disputes. Washington announced that it plans to step back on its decision to impose US$ 150bn of import tariffs, while China on its side, also promised to “significantly increase” its energy and agricultural imports from the US. All this comes in the midst of the BDI having plunged to just above a “hair” margin above the 1,000-point mark”.
According to Mr. George Lazaridis, Allied’s Head of Research & Valuations, “the recent trade frictions had surely played their part over the past couple of months, with the Atlantic basin having felt the major brunt of this having shown significant lack of support in terms of demand especially on the smaller size segments. There will surely be a time lag before things make a turn around, but it now looks as though the right foundation has been placed in order for a much better market to take shape. This is all to be focused primarily on the grain trade, with Brazil’s strikes having held back any potential shift in trade recently and having caused an overall draught in the region in terms of fresh cargoes to emerge. Given however the reestablishment of US farmers back on center stage, it wouldn’t be a surprise if we were to see a surge in activity to emerge in the North Atlantic, as most traders look to quickly move back in. This in part has been reflected by the recent rally noted in the prices of grains and soybeans these past few days, with most having enjoyed a 1 to 2 % increase since this week’s opening”.
Lazaridis added that “at the same time, it looks as though we may also be seeing a flourishing trade emerge on the side of coal. China is now considering a plan to increase its purchasing of American coal as part of its most recent pledge to make significant efforts to narrow its trade deficit with the US. This goes to further boost the prospects of this trade at a time when China’s coal futures are set on track to make their biggest one-day gain since November 2016. Investors seems to be pilling on their bullish bets given that inventories at China’s power plants and major ports are lower than what we were seeing last year, while operating rates are higher”.
Allied’s analyst also noted that “putting iron ore into the mix and one would hope for a fair rally to take place in the early part of summer. Although we have seen a drop off in iron ore prices, with prices now looking to be closing in on their lowest level this year, there seems to be a fundamental shift taking place which may well be heralding a fair trade rally in terms of volumes shifted during the coming month. For the moment it looks as though the market has shifted towards lower iron ore grades, with the gap between them and medium and higher grades having decreased considerably over the past couple of days. One would have to take under consideration however that we are likely to see again this year a considerable spike in production of steel products, with most steel mills in China likely to seek to increase their stockpiles before the “pollution cap” starts once again in the final quarter of the year. What also needs to be taken under consideration is the fact that the improving trade relations between the US and China could also help hamper most worries in the market, allowing for market optimism amongst traders to return back once more. Let’s hope all these market aspects pull through the way we hope, and we get to see a back on track on its improvement course”, he concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide
https://www.hellenicshippingnews.com/dry-bulk-market-june-promises-to-be-a-hot-market-says-shipbroker/
in Dry Bulk Market,Hellenic Shipping News 01/06/2018
There are a number of variables coming into play in the dry bulk market at the moment, enough to mark a shift in the freight rate dynamics. In its latest weekly report, Allied Shipbroking claims that “it’s looking as though June will turn out to be a “hot” month after all, given the most recent trade news that have emerged in the Dry Bulk space. The US and China made a significant step back this weekend in reference to their most recent trade disputes. Washington announced that it plans to step back on its decision to impose US$ 150bn of import tariffs, while China on its side, also promised to “significantly increase” its energy and agricultural imports from the US. All this comes in the midst of the BDI having plunged to just above a “hair” margin above the 1,000-point mark”.
According to Mr. George Lazaridis, Allied’s Head of Research & Valuations, “the recent trade frictions had surely played their part over the past couple of months, with the Atlantic basin having felt the major brunt of this having shown significant lack of support in terms of demand especially on the smaller size segments. There will surely be a time lag before things make a turn around, but it now looks as though the right foundation has been placed in order for a much better market to take shape. This is all to be focused primarily on the grain trade, with Brazil’s strikes having held back any potential shift in trade recently and having caused an overall draught in the region in terms of fresh cargoes to emerge. Given however the reestablishment of US farmers back on center stage, it wouldn’t be a surprise if we were to see a surge in activity to emerge in the North Atlantic, as most traders look to quickly move back in. This in part has been reflected by the recent rally noted in the prices of grains and soybeans these past few days, with most having enjoyed a 1 to 2 % increase since this week’s opening”.
Lazaridis added that “at the same time, it looks as though we may also be seeing a flourishing trade emerge on the side of coal. China is now considering a plan to increase its purchasing of American coal as part of its most recent pledge to make significant efforts to narrow its trade deficit with the US. This goes to further boost the prospects of this trade at a time when China’s coal futures are set on track to make their biggest one-day gain since November 2016. Investors seems to be pilling on their bullish bets given that inventories at China’s power plants and major ports are lower than what we were seeing last year, while operating rates are higher”.
Allied’s analyst also noted that “putting iron ore into the mix and one would hope for a fair rally to take place in the early part of summer. Although we have seen a drop off in iron ore prices, with prices now looking to be closing in on their lowest level this year, there seems to be a fundamental shift taking place which may well be heralding a fair trade rally in terms of volumes shifted during the coming month. For the moment it looks as though the market has shifted towards lower iron ore grades, with the gap between them and medium and higher grades having decreased considerably over the past couple of days. One would have to take under consideration however that we are likely to see again this year a considerable spike in production of steel products, with most steel mills in China likely to seek to increase their stockpiles before the “pollution cap” starts once again in the final quarter of the year. What also needs to be taken under consideration is the fact that the improving trade relations between the US and China could also help hamper most worries in the market, allowing for market optimism amongst traders to return back once more. Let’s hope all these market aspects pull through the way we hope, and we get to see a back on track on its improvement course”, he concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide
https://www.hellenicshippingnews.com/dry-bulk-market-june-promises-to-be-a-hot-market-says-shipbroker/
Redigert 21.01.2021 kl 09:24
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Mollen
05.06.2018 kl 10:37
15946
Hadde vi bare fått god ratestigning noen dager til nå. Da går den avgårde ?
Redigert 21.01.2021 kl 02:55
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oddrane
05.06.2018 kl 11:26
15829
Shorterne styrer aksjen med småposter,
Redigert 21.01.2021 kl 02:55
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Gull i pungen
05.06.2018 kl 11:28
15818
Ta det med ro. The Trend Is Your Friend!
GOGL er meget godt posisjonert for rateoppgangen som kommer..
GOGL er meget godt posisjonert for rateoppgangen som kommer..
Redigert 21.01.2021 kl 02:55
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JSL
05.06.2018 kl 12:00
15708
Hva tenker dere om dagens insidesalg da?
Sakset fra netfonds:
"Thomas Semino, primary insider in Golden Ocean Group Limited, sold 50,000 shares
June 05, 2018 in Golden Ocean Group Limited at an average price of NOK 71.50 per
share. After the transaction, Mr. Semino owns 0 shares and 100,000 options in
Golden Ocean Group Limited"
Link: http://www.newsweb.no/index.jsp?messageId=452940
Sakset fra netfonds:
"Thomas Semino, primary insider in Golden Ocean Group Limited, sold 50,000 shares
June 05, 2018 in Golden Ocean Group Limited at an average price of NOK 71.50 per
share. After the transaction, Mr. Semino owns 0 shares and 100,000 options in
Golden Ocean Group Limited"
Link: http://www.newsweb.no/index.jsp?messageId=452940
Redigert 21.01.2021 kl 02:55
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KJEPET
05.06.2018 kl 12:12
15676
Aldri hyggelig med innsidesalg, men han har vel hatt aksjene i ca. 3 måneder? Ikke akkurat langsiktig....
Redigert 21.01.2021 kl 02:55
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Volf
05.06.2018 kl 12:22
15645
En liten orientering så ventes det en tonnsmiljustert etterspørselvekst på 3-4 % pr år sammenlignet med en netto flåtevekst på ca 2% pr år for capesize de neste årene.
Andre halvår er sesongmessig bedre en første halvår i tørrlastmarkedet med gode capesize rater som normalt når en topp senhøstes.
De viktigste risikofaktorene er en eskalerende handelskrig samt fravær av opphugging av eldre skip og økt spekulativ kontrahering.
Fra 1st januar 2020 i forbindelse med redusert svovelutslipp ( gammel tonnasje uten rensing vil bare få laster i useriøse havner og dårlig betalt),vil medføre forsatt økende etterspørsel etter nye skip og høyere nybyggingspriser og annenhåndsverdier og i den forbindelse kan en oppnå rater på US$ 50.000 og høyere de ratene er det mulighet for at kan oppnåes allerede fra høsten av ihvertfall US$ 30.000-40.000.
Siden det vil skje tidligst til høsten så bryter GOGL dessverre ikke motstanden ved kr 73-76 før til høsten slik jeg ser det og jeg går dermed short fra nå og fremover så får en se hvordan det går.
Uansett hva en gjør så lykke til.
Andre halvår er sesongmessig bedre en første halvår i tørrlastmarkedet med gode capesize rater som normalt når en topp senhøstes.
De viktigste risikofaktorene er en eskalerende handelskrig samt fravær av opphugging av eldre skip og økt spekulativ kontrahering.
Fra 1st januar 2020 i forbindelse med redusert svovelutslipp ( gammel tonnasje uten rensing vil bare få laster i useriøse havner og dårlig betalt),vil medføre forsatt økende etterspørsel etter nye skip og høyere nybyggingspriser og annenhåndsverdier og i den forbindelse kan en oppnå rater på US$ 50.000 og høyere de ratene er det mulighet for at kan oppnåes allerede fra høsten av ihvertfall US$ 30.000-40.000.
Siden det vil skje tidligst til høsten så bryter GOGL dessverre ikke motstanden ved kr 73-76 før til høsten slik jeg ser det og jeg går dermed short fra nå og fremover så får en se hvordan det går.
Uansett hva en gjør så lykke til.
Redigert 21.01.2021 kl 02:55
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(",)Aksjel
05.06.2018 kl 12:31
15639
Oslo (TDN Direkt): Baltic capesize-indeks i dollar er opp 8,3 prosent til 15.124 dollar pr dag, ifølge The Baltic Exchange tirsdag.
Redigert 21.01.2021 kl 02:55
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Andypandy1
05.06.2018 kl 17:26
15376
Alltid interessant å lese dine innlegg Volf.
Jeg ser argumentet med at ratene vil øke ved innføring av krav om redusert svovelutslipp. Gamle holker blir vel sannsynligvis vraket da. Men hvordan tror du dette vil innvirke på driftskostnadene til bulkselskapene med nyere skip? Mitt resonnement er delvis grunnet uttalelser fra Torbjørn Kjus om skipstransport deretter vil måtte velge mellom å installere scrubbere som har betydelig investeringskostnad eller bruke lav-svovel diesel istedenfor tungolje. På grunn av begrenset evne til å øke raffineringskapasiteten på kort sikt for diesel vil jeg tro at diesel vil være dyrt. Hvis de velger scrubbere må man vel også regne med verftsopphold med resulterende dødtid uten inntekter.
Jeg ser argumentet med at ratene vil øke ved innføring av krav om redusert svovelutslipp. Gamle holker blir vel sannsynligvis vraket da. Men hvordan tror du dette vil innvirke på driftskostnadene til bulkselskapene med nyere skip? Mitt resonnement er delvis grunnet uttalelser fra Torbjørn Kjus om skipstransport deretter vil måtte velge mellom å installere scrubbere som har betydelig investeringskostnad eller bruke lav-svovel diesel istedenfor tungolje. På grunn av begrenset evne til å øke raffineringskapasiteten på kort sikt for diesel vil jeg tro at diesel vil være dyrt. Hvis de velger scrubbere må man vel også regne med verftsopphold med resulterende dødtid uten inntekter.
Redigert 21.01.2021 kl 02:55
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Volf
05.06.2018 kl 20:31
15187
Der tar Torbjørn Kjus litt feil alle skip som er levert de siste 2 til 3 årene har installert scrubber for å redusere svovelutslipp og det er disse skipene som blir ettertraktet, Så er det selvsagt en del eldre tonnasje som har og vill får installer utstyret er det plass til det ombord. Det koster ca US$ 3-5 mill alt etter størrelsen og effekten.
Driftkostnadene blir selvsagt høyere med en slik investering men det er ingenting sammenlignet med lav svovel diesel, husk at en capesize har et forbruk på 100 CBM pr 24 timers i drift alt ettersom størrelse og effekt på maskineriet .Moderne skip har best effekt
Driftkostnadene blir selvsagt høyere med en slik investering men det er ingenting sammenlignet med lav svovel diesel, husk at en capesize har et forbruk på 100 CBM pr 24 timers i drift alt ettersom størrelse og effekt på maskineriet .Moderne skip har best effekt
Redigert 21.01.2021 kl 02:55
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Volf
05.06.2018 kl 21:57
15060
Andypandy 1 limer inn et innlegg jeg skrev for ca 2-3 år siden ,
Nye IMO regler smertefulle for redere og investorer .
Reglene for rensing av ballasrvann ble ratifisert i september og er gjeldene fra 8 september 2017.En drøy måned senere ble reglene for svovelutslipp vedtatt gjeldene fra og med 2020.Alle med grønne hjerter er begeistret da spredning av levende organismer i ballastvann og reduksjon av svovelutslipp til luft vil bli redusert, begge viktige miljøtiltak.Men det er en regning som redere verden over må plukke opp og som ikke vil genere en eneste cent i ekstra inntekt.
Basert på priser avhengig av skipsstørrelse og design er prislappen for rensesystemer for ballastvann på mellom 0,5-2,5 m$. Avgassrensesystemet har en prislapp på 2,0-3,5 m$.Med andre ord totalt 2,5-6,0 m$. Til sammenligning er dagens skrapverdi på tørrlastefartøyer ca 2-6 m$, tankskip 2,5-12,0 m$. Med andre ord for å tilpasse seg de nye IMO kravene blir kostnaden vesentilg for den eldste del av flåten og derfor skrapet.
I 2017 vil ca 112 millioner dødvekttonn tank og bulkskip være 20 år eller eldre og er i dagens marked priset til skrap.Senker mann listen til 15 år er påslaget i verdi meget lavt for bulkskip,mens 15 års gamle tankskip er verdsatt med et betydelig påslag i forhold til skrapverdi.Det er ca 64 mdvt bulkskip i aldersgruppen 15-19 år.
Det finnes en mulighet å kjøpe seg tid med hensyn til ballastvannrensing, slik reglene er utformet skal slikt utstyr instaleres ved første fornying av IOPP (International Oil Pollution Prevention) sertifikat etter 8.9.2017 Dette fornyes normalt hvert femte år.
Så får en vente å se hva rederene kommer til å gjøre,de som sitter med en eldre flåte har nå en tidsbegrensning på max 5 år. Det er uten tvil godt for miljøet.
Nye IMO regler smertefulle for redere og investorer .
Reglene for rensing av ballasrvann ble ratifisert i september og er gjeldene fra 8 september 2017.En drøy måned senere ble reglene for svovelutslipp vedtatt gjeldene fra og med 2020.Alle med grønne hjerter er begeistret da spredning av levende organismer i ballastvann og reduksjon av svovelutslipp til luft vil bli redusert, begge viktige miljøtiltak.Men det er en regning som redere verden over må plukke opp og som ikke vil genere en eneste cent i ekstra inntekt.
Basert på priser avhengig av skipsstørrelse og design er prislappen for rensesystemer for ballastvann på mellom 0,5-2,5 m$. Avgassrensesystemet har en prislapp på 2,0-3,5 m$.Med andre ord totalt 2,5-6,0 m$. Til sammenligning er dagens skrapverdi på tørrlastefartøyer ca 2-6 m$, tankskip 2,5-12,0 m$. Med andre ord for å tilpasse seg de nye IMO kravene blir kostnaden vesentilg for den eldste del av flåten og derfor skrapet.
I 2017 vil ca 112 millioner dødvekttonn tank og bulkskip være 20 år eller eldre og er i dagens marked priset til skrap.Senker mann listen til 15 år er påslaget i verdi meget lavt for bulkskip,mens 15 års gamle tankskip er verdsatt med et betydelig påslag i forhold til skrapverdi.Det er ca 64 mdvt bulkskip i aldersgruppen 15-19 år.
Det finnes en mulighet å kjøpe seg tid med hensyn til ballastvannrensing, slik reglene er utformet skal slikt utstyr instaleres ved første fornying av IOPP (International Oil Pollution Prevention) sertifikat etter 8.9.2017 Dette fornyes normalt hvert femte år.
Så får en vente å se hva rederene kommer til å gjøre,de som sitter med en eldre flåte har nå en tidsbegrensning på max 5 år. Det er uten tvil godt for miljøet.
Redigert 21.01.2021 kl 02:55
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holysmoke
05.06.2018 kl 23:45
11100
Re Volf
Hvis jeg har forstått Jinhui sin siste rapport riktig så har selskapet ingen hastverk med å legge inn ordre på nybygg. Dette forklarer de med en rekke usikkerhetsfaktorer...Trump, Brexit, Nord-Korea...osv.....men også "uncertainty over future regulations related to environmental issues". Vil det si at det eksisterer usikkerhet om de nye reglene som du skisserte?
Hvis jeg har forstått Jinhui sin siste rapport riktig så har selskapet ingen hastverk med å legge inn ordre på nybygg. Dette forklarer de med en rekke usikkerhetsfaktorer...Trump, Brexit, Nord-Korea...osv.....men også "uncertainty over future regulations related to environmental issues". Vil det si at det eksisterer usikkerhet om de nye reglene som du skisserte?
Redigert 21.01.2021 kl 02:55
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Volf
06.06.2018 kl 08:16
10938
holysmoke nei det finnes ingen unntak for reglene når de er tredd i kraft, men det finnes en bråte med useriøse redere og befraktere som prøver å omgå reglene så lenge som mulig og et av dem er Jin.
Redigert 21.01.2021 kl 02:55
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Sa2ri
06.06.2018 kl 09:11
10851
Skal vi opp og teste 72,60 / 73,- området i dag igjen? Kommer det nok en dag med positive rater så kan dette nivået fort brytes.
Her er også et lite klipp fra PAS sin Shipping Daily:
"In drybulk we continue to observe good capesize activity across the board – quite the contrast vs. the situation only a week or so ago. FFAs also positive, and the panamax index is once again back above USD 10,000/day."
Her er også et lite klipp fra PAS sin Shipping Daily:
"In drybulk we continue to observe good capesize activity across the board – quite the contrast vs. the situation only a week or so ago. FFAs also positive, and the panamax index is once again back above USD 10,000/day."
Redigert 21.01.2021 kl 02:55
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Andypandy1
06.06.2018 kl 09:38
10767
Her var det nok mine resonnementer og slutninger som ble litt feil, uttalelsene fra Kjus var ikke spesifikt for bulk eller nyere skip og er nok ikke så relevante for GOGL.
Men takk for oppklaringer og ekstra info! Ellers hørte jeg nettopp webcast fra GOGL/Nordnet, kan være interessant for andre også:
https://blogg.nordnet.no/gar-bulkshipping-en-lys-tid-i-mote-nettmote-med-golden-ocean/?autoplay=1&_ga=2.154424634.381196419.1528169732-543570249.1522917999
EDIT: jeg så ikke at det var flere innlegg på side 2 før nå. KJEPET likte visst også webcasten ;)
Men takk for oppklaringer og ekstra info! Ellers hørte jeg nettopp webcast fra GOGL/Nordnet, kan være interessant for andre også:
https://blogg.nordnet.no/gar-bulkshipping-en-lys-tid-i-mote-nettmote-med-golden-ocean/?autoplay=1&_ga=2.154424634.381196419.1528169732-543570249.1522917999
EDIT: jeg så ikke at det var flere innlegg på side 2 før nå. KJEPET likte visst også webcasten ;)
Redigert 21.01.2021 kl 02:55
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eriksu2
06.06.2018 kl 09:50
10740
Holder shorten enda volf? Bra trykk på rater nå,
Redigert 21.01.2021 kl 02:55
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bel68
06.06.2018 kl 09:50
10737
Får håpe på et brudd opp no ...........
Redigert 21.01.2021 kl 02:55
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Volf
06.06.2018 kl 09:58
10723
eriksu2 skrev Holder shorten enda volf? Bra trykk på rater nå,
eriksu2 det er ihvertfall ingen grunn for panikk enda og tar jeg feil er det bare mine penger som går tapt så jeg har et avslappet forhold til hele greia.
Redigert 21.01.2021 kl 02:55
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KJEPET
06.06.2018 kl 10:13
10663
Spennende å høre Birgittes anslag av skipsverdiene fremover på slutten av intervjuet. Hun er som alltid nøktern, med et forsiktig anslag på 33% økning av skipsverdiene på capeflåten hadde hun. Om vi så priser GOGL til x1,15 av NAV så får vi en kurs på rundt 117.- i forhold til i dag. Kan bli artig fremover det:-)
Redigert 21.01.2021 kl 02:55
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KJEPET
06.06.2018 kl 12:12
10499
Nye positivt signaler både for Panamax og Cape nå på Twitter:-) Lover godt for morgendagen.
"Capesize market getting stronger in #Atlantic"
"Capesize market getting stronger in #Atlantic"
Redigert 21.01.2021 kl 02:55
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Gull i pungen
06.06.2018 kl 14:43
10344
Capesize gjør et kjempehopp!
Baltic Dry-indeksen er onsdag opp 7,3 prosent til 1.340 poeng, ifølge TDN Direkt.
Capesize klatrer hele 13,3 prosent til 17.140.
Panamax opplever også en oppgang, opp 3,2 prosent til 10.381. Supramax er opp 0,2 prosent til 11.019, mens Handysize faller 0,1 prosent til 8.488.
Baltic Dry-indeksen er onsdag opp 7,3 prosent til 1.340 poeng, ifølge TDN Direkt.
Capesize klatrer hele 13,3 prosent til 17.140.
Panamax opplever også en oppgang, opp 3,2 prosent til 10.381. Supramax er opp 0,2 prosent til 11.019, mens Handysize faller 0,1 prosent til 8.488.
Redigert 21.01.2021 kl 02:55
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Mollen
06.06.2018 kl 21:38
10133
Er der mer signaler for ratene i morgen ?
Redigert 21.01.2021 kl 02:55
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RedRabbit
06.06.2018 kl 22:00
10091
Ser Old Mutual har økt short posisjon sin med ca 150.000 aksjer i går. Noen fornuft i det, nå før aksjekursen forhåpentligvis øker? Det er jo i tråd med dine tanker Volf, men for min del håper jg dere begge får feil. Har lyst til se 70 tallet fast fremover og gjerne 80 tallet. Pluss utbytte!
Redigert 21.01.2021 kl 02:55
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eriksu2
06.06.2018 kl 22:09
10067
Ser Diana har fått 18000 i tc for periode 12-14 mnd på skip bygd i 2005, dette må vell være signal på at tc rater er på vei opp? Håper du denne gangen tar feil Volf, men hvis vi ser tilbake så har du truffet ekstremt bra på dine valg. Hadde håpet på et sprett over motstand 73-76 før sommern men virker som lufta er gått litt ut i oppgangen for denne gang.
Redigert 21.01.2021 kl 02:55
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Sa2ri
07.06.2018 kl 07:31
9896
Interessant lesing fra Fernleys:
BULK:STERK CAPESIZE-AKTIVITET -FEARNLEYS
Oslo (TDN Direkt): Capesize-markedet har utviklet seg sterkt den seneste uken.
Det skriver Fearnleys i sin ukentlige rapport onsdag.
Aktivitetsnivået i panamax-markedet er stigende, mens det er blandet for supramax-skip.
RATER (USD/DAG, USD/TONN):
DENNE FORRIGE
CAPESIZE UKE UKE LAV/HØY 2018
==============================================================
TCT Cont/Fjern-Østen 30.000 22.000 18.000/37.000
--------------------------------------------------------------
Tubarao/Rotterdam (jernmalm) 8,25 6,85 5,30/10,00
--------------------------------------------------------------
Richards Bay/Rotterdam (kull) 7,85 6,60 5,40/10,00
==============================================================
DENNE FORRIGE
PANAMAX UKE UKE LAV/HØY 2018
==============================================================
Atlanterhavet rundreise 9.000 7.100 7.100/13.750
--------------------------------------------------------------
TC Kontinentet/Østen 17.000 15.000 15.000/19.500
--------------------------------------------------------------
TC Østen/Kontinentet 4.800 4.600 4.300/5.200
--------------------------------------------------------------
TC Østen, rundreise 10.700 10.250 9.000/13.750
==============================================================
DENNE FORRIGE
SUPRAMAX UKE UKE LAV/HØY 2018
==============================================================
Atlanterhavet, rundreise 11.250 11.000 11.000/16.000
--------------------------------------------------------------
Stillehavet, rundreise 12.000 12.350 8.000/12.500
--------------------------------------------------------------
TC Kontinentet/Østen 17.500 18.000 16.000/20.500
==============================================================
DENNE FORRIGE
1 ÅR TIMECHARTER UKE UKE LAV/HØY 2018
==============================================================
Capesize 180' dwt 18.750 17.750 17.000/20.000
--------------------------------------------------------------
Capesize 170' dwt 16.750 15.750 15.750/18.000
--------------------------------------------------------------
Panamax 75' dwt 12.750 12.500 11.250/14.000
--------------------------------------------------------------
Supramax 53' dwt 12.500 12.500 10.000/13.000
==============================================================
HH, finans@tdn.no
TDN Direkt, +47 21 95 60 70
Hele rapporten finner du her: https://www.hellenicshippingnews.com/wp-content/uploads/2018/06/fw_week_23_2018b.pdf
BULK:STERK CAPESIZE-AKTIVITET -FEARNLEYS
Oslo (TDN Direkt): Capesize-markedet har utviklet seg sterkt den seneste uken.
Det skriver Fearnleys i sin ukentlige rapport onsdag.
Aktivitetsnivået i panamax-markedet er stigende, mens det er blandet for supramax-skip.
RATER (USD/DAG, USD/TONN):
DENNE FORRIGE
CAPESIZE UKE UKE LAV/HØY 2018
==============================================================
TCT Cont/Fjern-Østen 30.000 22.000 18.000/37.000
--------------------------------------------------------------
Tubarao/Rotterdam (jernmalm) 8,25 6,85 5,30/10,00
--------------------------------------------------------------
Richards Bay/Rotterdam (kull) 7,85 6,60 5,40/10,00
==============================================================
DENNE FORRIGE
PANAMAX UKE UKE LAV/HØY 2018
==============================================================
Atlanterhavet rundreise 9.000 7.100 7.100/13.750
--------------------------------------------------------------
TC Kontinentet/Østen 17.000 15.000 15.000/19.500
--------------------------------------------------------------
TC Østen/Kontinentet 4.800 4.600 4.300/5.200
--------------------------------------------------------------
TC Østen, rundreise 10.700 10.250 9.000/13.750
==============================================================
DENNE FORRIGE
SUPRAMAX UKE UKE LAV/HØY 2018
==============================================================
Atlanterhavet, rundreise 11.250 11.000 11.000/16.000
--------------------------------------------------------------
Stillehavet, rundreise 12.000 12.350 8.000/12.500
--------------------------------------------------------------
TC Kontinentet/Østen 17.500 18.000 16.000/20.500
==============================================================
DENNE FORRIGE
1 ÅR TIMECHARTER UKE UKE LAV/HØY 2018
==============================================================
Capesize 180' dwt 18.750 17.750 17.000/20.000
--------------------------------------------------------------
Capesize 170' dwt 16.750 15.750 15.750/18.000
--------------------------------------------------------------
Panamax 75' dwt 12.750 12.500 11.250/14.000
--------------------------------------------------------------
Supramax 53' dwt 12.500 12.500 10.000/13.000
==============================================================
HH, finans@tdn.no
TDN Direkt, +47 21 95 60 70
Hele rapporten finner du her: https://www.hellenicshippingnews.com/wp-content/uploads/2018/06/fw_week_23_2018b.pdf
Redigert 21.01.2021 kl 02:55
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KJEPET
07.06.2018 kl 08:45
9791
Likte spesielt godt denne i Fearnley rapporten.
"A surprisingly strong push in the market considering the season. Most expect market to be steady for next months before a new in push in August/September"
https://www.hellenicshippingnews.com/wp-content/uploads/2018/06/fw_week_23_2018b.pdf
"A surprisingly strong push in the market considering the season. Most expect market to be steady for next months before a new in push in August/September"
https://www.hellenicshippingnews.com/wp-content/uploads/2018/06/fw_week_23_2018b.pdf
Redigert 21.01.2021 kl 02:55
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Sa2ri
08.06.2018 kl 10:12
9464
Fra PAS sin Shipping Daily:
"Drybulk momentum is still good, though FFAs did ease a bit yesterday (holding today). We are seeing some panamax strength now, were also a flurry of 6 – 12 month period charters have been announced recently – at relatively supportive levels (USD 13,000/day+ for one year)."
"Chinese customs data – imports strong in May
- Chinese customs data were released this morning, with crude oil imports at 9.2mbd which was up 5% y/y though down 0.5% m/m
- Moreover, iron ore imports firmed up to 94.1m tonnes, up 13.5% vs. the previous month and up 3% y/y
- Coal imports came in at 22.3m tonnes – essentially unchanged vs. April and a year ago"
"Drybulk momentum is still good, though FFAs did ease a bit yesterday (holding today). We are seeing some panamax strength now, were also a flurry of 6 – 12 month period charters have been announced recently – at relatively supportive levels (USD 13,000/day+ for one year)."
"Chinese customs data – imports strong in May
- Chinese customs data were released this morning, with crude oil imports at 9.2mbd which was up 5% y/y though down 0.5% m/m
- Moreover, iron ore imports firmed up to 94.1m tonnes, up 13.5% vs. the previous month and up 3% y/y
- Coal imports came in at 22.3m tonnes – essentially unchanged vs. April and a year ago"
Redigert 21.01.2021 kl 02:55
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Ecopunk
08.06.2018 kl 10:32
9422
Når snur robotene i GOGL?
De kan da ikke lenger ned nå?
Smått utrolig at vi skulle ned til 70 IGJEN
De kan da ikke lenger ned nå?
Smått utrolig at vi skulle ned til 70 IGJEN
Redigert 21.01.2021 kl 02:55
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Ikaros200
08.06.2018 kl 10:59
9373
Du må se dette i sammenheng med faren for handelskrig, herunder G7 møtet...
Redigert 21.01.2021 kl 02:55
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Sa2ri
08.06.2018 kl 11:06
9351
Aksjen går ex.utbytte 13. juni for de som er interessert i å få utbytte. Det kan derfro godt tenkes at vi får litt driv i GOGL frem til og med 12. juni pga dette. Dersom ratene i tillegg holder seg sterke og/eller øker de neste dagene, ja da kan vi få en dobbel effekt og en fin reise den nærmeste tiden Innsidesalget som kom denne uken har nok lagt en demper på oppgangen som var I emming, men hvis vi får et etablert brudd opp gjennom 72,60/73,- nivået, ja da blir det nok litt mer fart i sakene.
Redigert 21.01.2021 kl 02:55
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Motstanden v/70 kroner ble for sterk.
Neste stopp 65 kroner :-(
Noen?
Neste stopp 65 kroner :-(
Noen?
Redigert 21.01.2021 kl 02:55
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Sa2ri
08.06.2018 kl 12:44
9133
Da ser det ut til at «noen» er tilbake på kontoret igjen. Her fra Twitter:
The Capesize futures complex remains technically bullish as the market makes higher highs. There are signs that momentum is slowing down, however ultimately we remain in bullish territory above technical levels. linkedin.com/company/158893…
The Capesize futures complex remains technically bullish as the market makes higher highs. There are signs that momentum is slowing down, however ultimately we remain in bullish territory above technical levels. linkedin.com/company/158893…
Redigert 21.01.2021 kl 02:55
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Sa2ri
11.06.2018 kl 07:18
8825
Dry Bulk Market: Capesize Index Takes Off
in Dry Bulk Market,Hellenic Shipping News 11/06/2018
Capesize
Despite the major Posidonia event in Greece, rates for the big ships took off this week, with the stars seeming to be working in conjunction, with both the Pacific and Atlantic markets active. However, the dampener came as the week closed out and this despite Vale allegedly raiding the market and taking upwards of 10 ships direct with the owners/operators for July at rates around $19.00. Prior to this, Brazil had gained momentum with June and July cargoes fixed at levels nudging the high $19.00s and even a rumour of $20.00 agreed. North Atlantic trading has been very slow in recent weeks but even here a fresh cargo input saw rates from Bolivar to Rotterdam rise to closer to $10.00 than $9.00. Mid-week Panocean took a super-eco 2015-built vessel for a 6-15 July cargo from Seven Islands to Beilun at $24.25, with the ship coming open in Sines.
Increased ore and coal activity from Australia also saw rates firm in the East with levels near the mid $8.00s on the West Australia/China run for dates from 19 June onwards (almost up $1/ton on the previous week). As the pace slowed there were some jitters with talk of rates slipping to near $8.00 and even a tick under. Timecharter activity gained momentum with a well-described ship achieving $20,000 daily for a West Australia run and the more standard types in the high teens. Elsewhere there was talk that a 2014 182,000-tonner in ballast from Jintang fixed a cargo from Saldanha Bay to Qingdao at a sharply higher $14.90, but others suggested the ship involved agreed over $22,000 daily basis retroactive delivery China.
Panamax
There was significantly more period interest than last week, with rates improving from $13,000/low $13,000s for one year on a Kamsarmax last week. Two vessels reportedly fixed at $14,150 and $14,650 respectively this week, as well as a newbuilding Kamsarmax achieving $15,100 for six to eight months period delivery in the Philippines. On the spot market East coast South America has again been a hive of activity with $35.00 per metric tonne fixed Santos to North China for end June dates, representing an increase of about $3.00 per metric tonne compared to the previous week. Charterers again began taking tonnage delivery India and the South Pacific on timecharter, rather than arrival East coast South America. Rates in the North Atlantic also improved as the tonnage list tightened, and towards the end of the week a few significantly improved fixtures emerged including a Kamsarmax agreeing $13,500 for a trip North coast South America to the Mediterranean. The same vessel fixed and failed at the end of last week for similar business at $10,500. Meanwhile the Pacific has been very positional, with the well described units seeing improved bids especially in the North, with the rest of the market reliant on the improved sentiment driven by East coast South America and the period market to maintain their ideas.
Supramax
With many travelling in Greece this week, the Supra and Ultramaxes remained quiet at the beginning of the week, but rates from the US Gulf started to climb soon after. Brokers also suggested East coast South America market was improving, especially for cargoes loading second-half June onwards. By contrast the Continent and Mediterranean markets remained flat. Overall a week of less activity in the Pacific, but short period fixtures were reported on a 60,000-dwt open South Korea fixing for four to seven months at $14,000 with worldwide redelivery.
From the US Gulf, a 63,000-dwt was re-let for a coal run to the Mediterranean at $17,750, whilst a 61,000-dwt was linked to a petcoke trip from the Gulf to Italy, with redelivery basis passing Gibraltar at $18,000. A trip to Japan was reported to have done at tick over $20,000 on a 58,000-dwt. From East coast South America, two 63,000-dwt were reportedly fixed to China both in the high $14,000s plus a ballast bonus in the high $400,000s. Similar rates were also reported on a similar-sized vessel for moving sugar from Brazil to Chittagong. In the Continent, there was talk of Supramax and Ultramax vessels fixing for scrap cargoes to the Mediterranean ranging from $11,000 to $12,000.
In the East, a 57,000-dwt open in Manila was paid $12,000 for a trip via Indonesia to East coast India, and a 58,000-dwt open South China was paid $11,000 for a round trip via Indonesia. Nickel ore trips from the Philippines to China were reported fixed at $13,000 on a 56,000-dwt basis delivery mid-China. More activity was talked about with increased enquiry for ships open South Africa. Besides choosing to ballast to East coast South America, a 56,000-dwt was fixed at $12,000 plus mid $200,000 ballast bonus to the Persian Gulf / West coast India range, and same level reported for East coast India redelivery.
Handysize
The BHSI had minimal changes throughout the week, mimicking a similar pattern as Supramax/ Ultramax vessels in the US Gulf and East coast South America. Some brokers suggested the improvement on the US Gulf reflected the positive movement from the other vessel sizes, but others did not see this happening yet. Brokers also saw a growing tonnage list in East coast South America for the next two weeks. There was a 39,000-dwt open Santos fixed $10,500 for moving sugar to Algeria in the middle of the week. Little reported from the East this week.
Source: Baltic Briefing
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-index-takes-off/
in Dry Bulk Market,Hellenic Shipping News 11/06/2018
Capesize
Despite the major Posidonia event in Greece, rates for the big ships took off this week, with the stars seeming to be working in conjunction, with both the Pacific and Atlantic markets active. However, the dampener came as the week closed out and this despite Vale allegedly raiding the market and taking upwards of 10 ships direct with the owners/operators for July at rates around $19.00. Prior to this, Brazil had gained momentum with June and July cargoes fixed at levels nudging the high $19.00s and even a rumour of $20.00 agreed. North Atlantic trading has been very slow in recent weeks but even here a fresh cargo input saw rates from Bolivar to Rotterdam rise to closer to $10.00 than $9.00. Mid-week Panocean took a super-eco 2015-built vessel for a 6-15 July cargo from Seven Islands to Beilun at $24.25, with the ship coming open in Sines.
Increased ore and coal activity from Australia also saw rates firm in the East with levels near the mid $8.00s on the West Australia/China run for dates from 19 June onwards (almost up $1/ton on the previous week). As the pace slowed there were some jitters with talk of rates slipping to near $8.00 and even a tick under. Timecharter activity gained momentum with a well-described ship achieving $20,000 daily for a West Australia run and the more standard types in the high teens. Elsewhere there was talk that a 2014 182,000-tonner in ballast from Jintang fixed a cargo from Saldanha Bay to Qingdao at a sharply higher $14.90, but others suggested the ship involved agreed over $22,000 daily basis retroactive delivery China.
Panamax
There was significantly more period interest than last week, with rates improving from $13,000/low $13,000s for one year on a Kamsarmax last week. Two vessels reportedly fixed at $14,150 and $14,650 respectively this week, as well as a newbuilding Kamsarmax achieving $15,100 for six to eight months period delivery in the Philippines. On the spot market East coast South America has again been a hive of activity with $35.00 per metric tonne fixed Santos to North China for end June dates, representing an increase of about $3.00 per metric tonne compared to the previous week. Charterers again began taking tonnage delivery India and the South Pacific on timecharter, rather than arrival East coast South America. Rates in the North Atlantic also improved as the tonnage list tightened, and towards the end of the week a few significantly improved fixtures emerged including a Kamsarmax agreeing $13,500 for a trip North coast South America to the Mediterranean. The same vessel fixed and failed at the end of last week for similar business at $10,500. Meanwhile the Pacific has been very positional, with the well described units seeing improved bids especially in the North, with the rest of the market reliant on the improved sentiment driven by East coast South America and the period market to maintain their ideas.
Supramax
With many travelling in Greece this week, the Supra and Ultramaxes remained quiet at the beginning of the week, but rates from the US Gulf started to climb soon after. Brokers also suggested East coast South America market was improving, especially for cargoes loading second-half June onwards. By contrast the Continent and Mediterranean markets remained flat. Overall a week of less activity in the Pacific, but short period fixtures were reported on a 60,000-dwt open South Korea fixing for four to seven months at $14,000 with worldwide redelivery.
From the US Gulf, a 63,000-dwt was re-let for a coal run to the Mediterranean at $17,750, whilst a 61,000-dwt was linked to a petcoke trip from the Gulf to Italy, with redelivery basis passing Gibraltar at $18,000. A trip to Japan was reported to have done at tick over $20,000 on a 58,000-dwt. From East coast South America, two 63,000-dwt were reportedly fixed to China both in the high $14,000s plus a ballast bonus in the high $400,000s. Similar rates were also reported on a similar-sized vessel for moving sugar from Brazil to Chittagong. In the Continent, there was talk of Supramax and Ultramax vessels fixing for scrap cargoes to the Mediterranean ranging from $11,000 to $12,000.
In the East, a 57,000-dwt open in Manila was paid $12,000 for a trip via Indonesia to East coast India, and a 58,000-dwt open South China was paid $11,000 for a round trip via Indonesia. Nickel ore trips from the Philippines to China were reported fixed at $13,000 on a 56,000-dwt basis delivery mid-China. More activity was talked about with increased enquiry for ships open South Africa. Besides choosing to ballast to East coast South America, a 56,000-dwt was fixed at $12,000 plus mid $200,000 ballast bonus to the Persian Gulf / West coast India range, and same level reported for East coast India redelivery.
Handysize
The BHSI had minimal changes throughout the week, mimicking a similar pattern as Supramax/ Ultramax vessels in the US Gulf and East coast South America. Some brokers suggested the improvement on the US Gulf reflected the positive movement from the other vessel sizes, but others did not see this happening yet. Brokers also saw a growing tonnage list in East coast South America for the next two weeks. There was a 39,000-dwt open Santos fixed $10,500 for moving sugar to Algeria in the middle of the week. Little reported from the East this week.
Source: Baltic Briefing
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-index-takes-off/
Redigert 21.01.2021 kl 02:55
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Sa2ri
11.06.2018 kl 07:21
8822
China iron ore imports rise in May on strong steel margins
in Dry Bulk Market,Freight News 09/06/2018
China’s iron ore imports rebounded in May after a brief dip in the previous month, as steel mills ramp up output to cash in on strong margins despite environmental curbs across the country.
Shipments of the steelmaking raw material in May rose 13.5 percent from April to 94.14 million tonnes, data from the General Customs of Administration showed on Friday. That compares to 91.52 million tonnes in the same period last year.
For the first five months, China bought a total of 448 million tonnes of iron ore.
Source: Reuters (Reporting by Muyu Xu and Tom Daly; editing by Richard Pullin)
https://www.hellenicshippingnews.com/china-iron-ore-imports-rise-in-may-on-strong-steel-margins/
in Dry Bulk Market,Freight News 09/06/2018
China’s iron ore imports rebounded in May after a brief dip in the previous month, as steel mills ramp up output to cash in on strong margins despite environmental curbs across the country.
Shipments of the steelmaking raw material in May rose 13.5 percent from April to 94.14 million tonnes, data from the General Customs of Administration showed on Friday. That compares to 91.52 million tonnes in the same period last year.
For the first five months, China bought a total of 448 million tonnes of iron ore.
Source: Reuters (Reporting by Muyu Xu and Tom Daly; editing by Richard Pullin)
https://www.hellenicshippingnews.com/china-iron-ore-imports-rise-in-may-on-strong-steel-margins/
Redigert 21.01.2021 kl 02:55
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KJEPET
11.06.2018 kl 11:06
8588
Husk å holde fokus på Twitterkontoen til Trump og ikke hva som skjer i den virkelige verden. Volumet fra Brazil (iron ore) øker, og Kina trenger mye kull fremover. Med en varm sommer, og lave lagre av kull, vil GOGL ha god inntjening resten av året.
https://shippingwatch.com/secure/carriers/Bulk/article10676071.ece
https://shippingwatch.com/secure/carriers/Bulk/article10676071.ece
Redigert 21.01.2021 kl 02:55
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Sa2ri
11.06.2018 kl 21:13
8315
FFA: Capes erased AM sell off with strong buying at the close with cal19 printing as high as 19k and cal20 capes short of sellers. Panamax similar feel with fair amount of buying last done.
Redigert 21.01.2021 kl 02:55
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Gull i pungen
12.06.2018 kl 08:31
8077
Aksjen sluttet på 70,67 kroner i USA i går.
Ha en fin GOGL dag!
Ha en fin GOGL dag!
Redigert 21.01.2021 kl 02:55
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Kbkristi
12.06.2018 kl 08:57
8020
Siste dag før ex utbytte. Glad jeg kom meg inn igjen på riktig side. Når det er så lite omsetning som nå, så er kursen veldig skjør. Det er ikke store handelen som skal til for å bevege kursen.
Redigert 21.01.2021 kl 02:55
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Sa2ri
12.06.2018 kl 13:35
7852
FFA: Levels are trading flat now vs yesterday on steady interest. Capes were lower early but found some support after its index while Pmx/Smx are flattish, possibly a touch softer in places, but also finding a bit of support leading into the index.
Redigert 21.01.2021 kl 02:55
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