Global Macro Perspectives
Baltic dry index rose 0.3% last week; Capesize Index was also up 0.3%; Panamax Index fell 1.9%; Supramax Index was down 0.6%; Handysize Index rose 3.6%.
Iron ore inventory at Chinese ports close to all-time high; price pretty much unchanged. Steel stockpiles spiked upwards while price remained flat. Thermal coal inventory moved to all-time high, price moved lower.
Baltic dry index fell 10.9% last week and has reaching all-time low; Capesize Index was down 2.0%; Panamax Index fell 15.0%; Supramax Index was down 12.5%; Handysize Index fell 10.3%.
Baltic dry index fell 18.1% last week; Capesize Index was down 9.8%; Panamax Index fell 19.3%; Supramax Index was down 16.9%; Handysize Index fell 9.0%.
Baltic Dirty Tanker Index rose 7.3%; Baltic Clean Tanker Index was unchanged for the week.
Baltic dry index fell 21.8% last week; Capesize Index was down 25.2%; Panamax Index fell 17.8%; Supramax Index was down 12.7%; Handysize Index fell 4.7%.
Baltic Dirty Tanker Index rose 3.0%; Baltic Clean Tanker Index rose 12.1%.
Baltic dry index fell 1.8% last week; Capesize Index was down 3.4%; Panamax Index rose 3.6%; Supramax Index was down 3.0%; Handysize Index fell 2.3%.
Baltic Dirty Tanker Index rose 3.0%; Baltic Clean Tanker Index rose 12.1%.
Baltic dry index rose 3.0% last week; Capesize Index was up 8.4%; Panamax Index rose 0.7%; Supramax Index was down 7.9%; Handysize Index fell 3.4%.
Baltic Dirty Tanker Index rose 8.1%; Baltic Clean Tanker Index rose 2.1%.
Order-book is shrinking fast with high delivery count and abundant cancellations looming. We are probably looking at couple catastrophic years for the industry ahead.
Baltic dry index rose 3.3% last week; Capesize Index was up 11.8%; Panamax Index fell 5.2%; Supramax Index was down 3.3%; Handysize Index fell 2.5%.
Baltic Dirty Tanker Index fell 0.8%; Baltic Clean Tanker Index rose 3.0%.
Baltic Dirty Tanker Index fell 0.6%; Baltic Clean Tanker Index rose 3.4%.
Baltic dry index fell 4.6% last week; Capesize Index was down 5.7%; Panamax Index fell 2.0%; Supramax Index was down 0.1%; Handysize Index fell 3.3%.
Baltic dry index rose 3.3% last week; Capesize Index was up 2.7%; Panamax Index rose 4.0%; Supramax Index was up 4.3%; Handysize Index fell 2.1%.
