GOGL - august #1
Dry Bulk FFA: Capesize Market Bounces Back
in Dry Bulk Market,International Shipping News 31/07/2018
Capesize Commentary
As expected the physical market bounced yesterday having steadied itself on Friday. The C5 ticked up to 9.60 with RTSA managing to pick up a couple of ships off 14-16 Aug laydays while the C3 gapped up to 23.50/23.75 for mid August loaders. The front of the paper curve reacted accordingly with August reaching 24200, Sept changed hands at 25000 and numerous clips of Q4 traded at 25000. There was very little on the offer for the deferred and as a consequence, the q1 was paid at 142000 and 14250. All in all, a solid start to the week.
Panamax Commentary
It was a sluggish opening to the week on Panamax paper with prompts adding some small gains to the early support. AugSept traded up to $12400 while Q4 traded $12450-12500 range. There was little change further out. We drifted off a touch post index but ultimately maintain good support at current levels.
Supramax Commentary
A very slow day to open the supramax paper week as the market lacked any great liquidity or change down the curve. From the little activity that was seen Q4 was trading several times $12200. Hopefully the week can kick into action today! .
Handysize Commentary
Quiet day on handy paper with no reported trading.
Source: Freight Investor Services
https://www.hellenicshippingnews.com/dry-bulk-ffa-capesize-market-bounces-back-2/
in Dry Bulk Market,International Shipping News 31/07/2018
Capesize Commentary
As expected the physical market bounced yesterday having steadied itself on Friday. The C5 ticked up to 9.60 with RTSA managing to pick up a couple of ships off 14-16 Aug laydays while the C3 gapped up to 23.50/23.75 for mid August loaders. The front of the paper curve reacted accordingly with August reaching 24200, Sept changed hands at 25000 and numerous clips of Q4 traded at 25000. There was very little on the offer for the deferred and as a consequence, the q1 was paid at 142000 and 14250. All in all, a solid start to the week.
Panamax Commentary
It was a sluggish opening to the week on Panamax paper with prompts adding some small gains to the early support. AugSept traded up to $12400 while Q4 traded $12450-12500 range. There was little change further out. We drifted off a touch post index but ultimately maintain good support at current levels.
Supramax Commentary
A very slow day to open the supramax paper week as the market lacked any great liquidity or change down the curve. From the little activity that was seen Q4 was trading several times $12200. Hopefully the week can kick into action today! .
Handysize Commentary
Quiet day on handy paper with no reported trading.
Source: Freight Investor Services
https://www.hellenicshippingnews.com/dry-bulk-ffa-capesize-market-bounces-back-2/
Redigert 21.01.2021 kl 08:47
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Lykkeligamatør
23.08.2018 kl 10:45
3555
Den artikkelen handler om Panamx tankers og ikke bulk..
Redigert 21.01.2021 kl 08:47
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KJEPET
23.08.2018 kl 10:47
3549
Sorry. Dårlig research av meg :-(
Redigert 21.01.2021 kl 08:47
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