GOGL - Juni #1

Sa2ri
GOGL 01.06.2018 kl 07:23 31605

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/

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?
Volf
06.06.2018 kl 08:16 7801

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.
Sa2ri
06.06.2018 kl 09:11 7714

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."
Redigert 06.06.2018 kl 09:13 Du må logge inn for å svare

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 ;)
Redigert 06.06.2018 kl 09:42 Du må logge inn for å svare
eriksu2
06.06.2018 kl 09:50 7603

Holder shorten enda volf? Bra trykk på rater nå,
bel68
06.06.2018 kl 09:50 7600

Får håpe på et brudd opp no ...........
Volf
06.06.2018 kl 09:58 7586

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.
KJEPET
06.06.2018 kl 10:13 7526

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:-)
KJEPET
06.06.2018 kl 12:12 7363

Nye positivt signaler både for Panamax og Cape nå på Twitter:-) Lover godt for morgendagen.

"Capesize market getting stronger in #Atlantic"
Redigert 06.06.2018 kl 12:13 Du må logge inn for å svare

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.
Mollen
06.06.2018 kl 21:38 6960

Er der mer signaler for ratene i morgen ?

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!
eriksu2
06.06.2018 kl 22:09 6894

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.
Sa2ri
07.06.2018 kl 07:31 6723

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
KJEPET
07.06.2018 kl 08:45 6618

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
Sa2ri
08.06.2018 kl 10:12 6291

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"
Ecopunk
08.06.2018 kl 10:32 6250

Når snur robotene i GOGL?
De kan da ikke lenger ned nå?

Smått utrolig at vi skulle ned til 70 IGJEN
Redigert 08.06.2018 kl 10:32 Du må logge inn for å svare

Du må se dette i sammenheng med faren for handelskrig, herunder G7 møtet...
Sa2ri
08.06.2018 kl 11:06 6179

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.

Motstanden v/70 kroner ble for sterk.

Neste stopp 65 kroner :-(

Noen?
Sa2ri
08.06.2018 kl 12:44 5961

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…
Sa2ri
11.06.2018 kl 07:18 5654

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/
Sa2ri
11.06.2018 kl 07:21 5651

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/
KJEPET
11.06.2018 kl 11:06 5417

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
Sa2ri
11.06.2018 kl 21:13 5144

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.

Aksjen sluttet på 70,67 kroner i USA i går.

Ha en fin GOGL dag!
Kbkristi
12.06.2018 kl 08:57 4849

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.
Sa2ri
12.06.2018 kl 13:35 4682

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.
KJEPET
12.06.2018 kl 14:31 4580

Da fikk vi nok et kraftig hopp i verdiene på Capeflåten til GOGL. +2,4% på 5 år gamle Caper forrige uke. Men ikke tenk på det. Bare å selge alt du har til under 70.- :-)

https://www.hellenicshippingnews.com/weekly-vessel-valuations-report-june-12-2018/
Redigert 12.06.2018 kl 14:36 Du må logge inn for å svare

Baltic Dry-indeksen er ifølge The Baltic Exchange opp 0,2 prosent til 1.390 poeng, skriver TDN Direkt.

Capesize faller 0,8 prosent til 17.095 mens Panamax stiger 1,6 prosent til 11.832.

Handysize legger på seg 0,5 prosent til 8.572 og Supramax høyner med 0,4 prosent til 11.245.

Link

https://www.hegnar.no/Nyheter/Boers-finans/2018/06/Slik-gaar-det-med-toerrbulk-aksjene7
Sa2ri
13.06.2018 kl 07:24 4293

The positive signs already visible at the end of the week prior in the Capesize market, lead to a full on positive reversal of the entire dry bulk market during the Posidonia celebrations, with the performance of the bigger sizes leading the way. The fact that the BDI increased more than 20% during a week that an overwhelming number of people were off to attend this major exhibition, is solid proof of a fundamentally stronger market as well as an indication of what we should expect for the summer months ahead. The period market was also a bit more active, with focus remaining on shorter periods of up to 6 months, while reported business concerned exclusively vessels up to Kamsarmax size.

The Capesize market saw very healthy activity in both the Atlantic and Pacific markets, while even the North Atlantic that has been very quiet lately, the appearance of some cargoes gave a small lift in sentiment. As average earnings for the size have covered a big part of the recently lost ground in just two weeks, we do expect less volatility and probably a sideways moving market this week, with psychology remaining positive nonetheless.

The Atlantic Panamax market found support on improved enquiry in the North, while the fresh cargoes that kept coming out of ECSA sustained momentum in the region. In the East the market remained positional, while period activity and numbers also ticked up last week.

The fact that a number of market players were off for Posidonia did not put pressure on the smaller sizes either, with Supramax numbers in the ECSA and USG edging up and small upticks noted in the East as well, while rates for Handies moved sideways throughout the week.

https://www.hellenicshippingnews.com/wp-content/uploads/2018/06/Intermodal-Report-Week-23-2018.pdf
KJEPET
13.06.2018 kl 08:16 4243

Siden februar/mars har det vært en markant økning i nybyggprisene. Det bør utgjøre minst 10% økning i skipsverdiene til GOGL (som DNB har beregnet til å utgjøre ca. 12.- på kursen). Kursen har gått motsatt vei. Fra å falle fra godt over 70.- til dagens 69,35.-. Tipper vi er like om hjørne for en reprising av aksjen:-)

https://www.hellenicshippingnews.com/newbuilding-prices-on-the-rise-as-higher-spec-vessels-are-ordered/

Jeg tror vi går en spennende tid i møte, og jeg tror det vil skje endringer i Golden Ocean også. Se på Star sitt oppkjøp av Songa, bud på Belship og nå Wilson - det er tydelig at mange ønske å posisjonere seg for et "hot" marked fremover.
KJEPET
13.06.2018 kl 10:55 4082

Mange skip som skal ut av markedet et par uker ekstra nå frem til 2020. Kommer til å bli et kraftig press på ratene også frem mot sommeren neste år. Herlige tider i anmarsj :-)

https://lloydslist.maritimeintelligence.informa.com/LL1122990/Petros-Pappas-orders-22-scrubbers-for-Star-Bulk-capesize-fleet

Ja, men foreløpig er det dødt. Selv ikke kjøpet av Sbulk hjelper på denne kursen, lavere nå enn da kjøpet ble varslet. Hva skal til for at det blir en positiv bevegelse? Kursene ligger jo på november 2017 nivå!!!!!!!!!!!!!!!!!
KJEPET
13.06.2018 kl 11:47 4016

Husk å ta frem den STORE tuben med tålmodighetskrem. Ratene frem til 2020 kommer til å bli knallsterke, og det begynner om bare 6-7 uker. Kullagrene i Kina er lave og sommeren blir varm. Da trengs det mye elektrisitet. I tillegg får vi håpe Vale holder guidingen sin på malm. De har litt å ta igjen. Malmlagrene hadde en liten nedgang forrige måned, men er fortsatt ganske høye. Får satse på flere tonnmile fra Vale.

Som du vet er det varslet høyere stålpriser i Kina, og dermed enda høyere nybyggpriser, som igjen drar opp secondhandmarkedet. Nybyggprisene har allerede steget bratt de siste månedene. Investorene innen shipping henger etter og når menigheten skal inn i november, kan du sitte å smile hele veien til banken:-)

Vel, vanligvis er investorene i forkant og kjøper før den store oppgangen. Hvorfor skjer ikke dette nå? Hva venter de på? Liker det ikke!
KJEPET
13.06.2018 kl 13:11 3905

Hvorfor ikke investorene i GOGL ikke priser inn verken den kommende oppgangen i NAV eller rater fremover må du nesten spørre de om. Hva andre investorer foretar seg er ikke viktig for min del. GOGL kommer til å tjene penger fremover uansett hva investorene gjør. Nå tikker det inn nok et kvartal med utbytte, og slik vil det gjøre (minst) de neste 13 kvartalene også. Det blir det penger av. Tipper vi får utbytte på rundt $1,5 for 2019. Pent det i forhold til å ha pengene i banken:-)

Fra twitter nå: "FFA: Market seems to be back to a cautiously bullish sentiment after yesterday's slowdown. Cape levels rebounded as phys seems supported, PMX is seeing better support and up slightly from yesterday while SMX flattish but seeing a few more bids leading into index."
Sa2ri
13.06.2018 kl 13:45 3862

FFA: Market seems to be back to a cautiously bullish sentiment after yesterday's slowdown. Cape levels rebounded as phys seems supported, PMX is seeing better support and up slightly from yesterday while SMX flattish but seeing a few more bids leading into index.

Jeg har aksjer i GOGL. I forhold til hvorledes andre aksjer er priset burde GOGL ha vært priset høyere. Det er mitt poeng. Og ja GOGL skal opp og utbyttene blir bra, men håpet er at saueflokken snart begynner kjøret!

Sjekk ut historiske grafer Baltic Dry - de viser gjennomgående en god stigning i ratene perioden juli-oktober!
KJEPET
13.06.2018 kl 14:39 3760

Kjempehopp i Time Charter over hele linja for Cape. Sjekk ut selv!

Forrige uke: https://www.hellenicshippingnews.com/weekly-dry-time-charter-estimates-june-06-2018/
Nå: https://www.hellenicshippingnews.com/weekly-dry-time-charter-estimates-june-13-2018/

Om det ikke er skrivefeil, er vel dette det største hoppet fra en uke til en annen på 1-2 år TC jeg noengang har sett :-)

Her er det bare å sitte rolig i båten til slutten av Oktober!
Sa2ri
14.06.2018 kl 07:34 3406

Australian coal exports from Gladstone surge in May
in Dry Bulk Market,Freight News 14/06/2018

Shipments of coal from Australia’s Port of Gladstone surged in May with its three major export destinations India, Japan and China seeing strong growth in volumes, data from the Gladstone Ports Corporation showed.

A total of 6.35 million mt of coal was shipped from Gladstone during the month, which was up 4% year on year from 6.14 million mt, and 39% higher than the 4.56 million mt export in April.

It was the largest monthly volume since December 2016, the data showed.

Gladstone coal exports to India were potentially at an all-time high, being the most sent in a month since at least July 2013 with a volume of 1.95 million mt. The May Indian shipment was up 56% from 1.25 million mt a year earlier and 90% higher than April’s 1.03 million mt, it said.

While exports to Japan were down 10% year on year at 2.18 million mt, they were up 27% from the 1.72 million mt shipped in April and the largest monthly total since December, the GPC figures showed. Volumes to China were also the strongest since December at 1.15 million mt, having risen 56% year on year from 738,000 mt and 342% from 261,000 mt in April.

Prior to May, total exports this year from Gladstone have not breached the 5 million mt mark. There have been rail issues throughout the year. The Blackwater rail line, which connects mines in the region to Gladstone, faced problems due to storms and excessive heat earlier in the year.

The port — which typically sees a breakdown of around 70% metallurgical coal and 30% thermal coal — exports via the RG Tanna terminal, which GPC says has a current throughput capacity in excess of 60 million mt/year, and from the 8 million mt/year Wiggins Island terminal.

For January-May, Gladstone has shipped 25.46 million mt, which translates to an annualized rate of 61.54 million mt. Last year, the port exported 68.29 million mt. Despite the strong volumes to the three major export destinations in May, they are all tracking lower than last year. For the first five months of the year, exports to India were at a rate of 15.56 million mt/year versus a total of 16.03 million mt last year, with Japan at 20.67 million mt against 21.50 million mt and China at just 8.16 million mt compared with 12.96 million mt, the data and calculations from S&P Global Platts showed.

Meanwhile, exports to South Korea and Taiwan slumped in May. South Korea was shipped around 375,000 mt during the month, which was down 66% from 1.11 million mt a year earlier and 57% less than the 879,000 mt in April, the data showed.

Volumes to Taiwan stood at about 151,000 mt, down 4% year on year from 158,000 mt and 13% from 174,000 mt in April.
Source: Platts

https://www.hellenicshippingnews.com/australian-coal-exports-from-gladstone-surge-in-may/
KJEPET
14.06.2018 kl 07:41 3419

Tubarao/Qingdao $19.75 midt i juni. Da begynner kanskje folket å forstå hva som er i ferd med å skje eller?

GOGL - Buyback of 3.07% Golden Ocean Group Limited Convertible Bond Issue 2014/2019 - ISIN NO 001 0701055

Golden Ocean Group Limited (NASDAQ and OSE: GOGL) ("Golden Ocean" or the "Company") announces that the Company has through market purchase executed June 13, 2018 bought $3,600,000 notional in the 3.07% Golden Ocean Group Limited Convertible Bond Issue 2014/2019 - ISIN NO 001 0701055 at a price of 98.75 per cent of par value.
After the purchase, Golden Ocean holds $24,400,000 notional representing 12.2 per cent in the 3.07% Golden Ocean Group Limited Convertible Bond Issue 2014/2019 - ISIN NO 001 0701055, convertible into 283,095 shares in the Company at the current conversion price.

June 13, 2018
Hamilton, Bermuda
Kbkristi
14.06.2018 kl 08:44 3325

Vi gleder oss Kjepet. Moro var det også at hele utbyttet ble absorbert i løpet av en dag :)