SHIP - golden cross on its way!

$1.18 +0.02 +1.72%

So mal gut gestartet, mal gucken ob 1,20$ heute schon geknackt wird :-)  

Man man einige von den Amis lesen das Rezept wirklich verkehrt herum :-|  

I would like to open this call with the statement about the dry bulk market. In Q1 of 2017, our industry started to experience the improvement of the market fundamentals especially when comparing with the same period last year. To remind everyone, in the first quarter of last year in 2016, we saw the great market collapse to the lowest point of the last 30 years, which of course affected the asset values as well.

The average daily time charter equivalent rate or TCE of a Capesize vessel was around $3,500 per day, while the value of a 5-year old ship dropped approximately $20 million. Just to put things into perspective, the relevant 20-year averages are $33,500 per day for the TCE rates, 10 times more than the lows of last year, $48 million for the value of a 5-year old Capesize to 150% more than the lows of last year.

In the first half of 2017, the dry bulk market improved considerably compared to the historic lows. The Baltic Capesize Index picked at around $20,000 a day in March and the value of 5-year old Capesize exceeded 32 million. [Ph] Still, despite this recovery, the Time Charter Equivalent rate is well below the 20-year average, so is the relevant Capesize value.  

Wer den Artikel richtig liest, der weiß das es wieder nach oben geht :-)
Spätestens bei Q-2 Zahlen wird sich zeigen das SHIP wieder sehr profitabel sein wird.  

$1.175 +0.015 +1.29%  

$1.1899 +0.0299 +2.58%

Volumen 140.000k

Naja da haben wohl die meisten Amis das gemerkt, mit dem Rezepte lesen ;-)  

$1.19 +0.03 +2.59%

Volumen 260.000k und die 1,20$ immer wieder schön getestet, da haben welche Angst das unser Schiff fliegen wird sobald die durchbrochen wird :-)  

Baltic Dry Index climbs to 1355, up 23 points
in Dry Bulk Market 11/09/2017


Today, Monday, September 11 2017, the Baltic Dry Index climbed by 23 points, reaching 1355 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
Source: Hellenic Shipping News Worldwide  

$1.1866 + 0.0266 +2.29%

Volumen 3h vor schluß 300.000k

Bin gespannt ob der Wiederstand heute noch gebrochen wird :-)  

verfügbare Aktien 650.000k

view-source:https://www.interactivebrokers.com/en/...4587&conf=am&amref=1  

$1.1901 +0.0301 +2.59%

200.000k Buy volumen

So langsam könnte 1,20$ doch mal fallen oder meint Ihr nicht :-)  

$1.2 +0.04 +3.45%

mal wieder getestet und jetzt mal rüber damit :->  

Jetzt verfügbare Aktien 600.000k also schon mal 50.000k abgeknabbert  

$1.21 +0.05 +4.31%

Bammm wiederstand gebrochen :->> mal gucken was da heute noch geht :-)  

$1.2364 +0.0764 +6.59%

Jetzt fängt unser Schiff zu fliegen an  

$1.2246 +0.0646 +5.57%

500.000k Volumen

Jetzt alle in die Segel pusten damit wir über den Wiederstand von 1,20$ bleiben !!!  

Und es ist noch viel Luft nach oben

 

$1.23 +0.07 +6.03%

Und sehr starkes volumen 1.000.000k

Noch eine 1/2h und der Wiederstand ist dann Geschichte weil das Gap ist geschlossen und dank der sehr guten Voraussetzungen wird unser Schiff noch viel höher kommen  

$1.23 +0.07 +6.03%

Großartig Wiederstand bei 1,20$ ist heute gebrochen worden  

Volumen 1.175.000k

Buy Volumen 635.000k


 

China’s iron ore imports edge up in August as steel prices soar
in Dry Bulk Market,Freight News 11/09/2017


China’s iron ore imports edged up in in August as soaring steel prices increased appetite for high-grade foreign ore in the world’s biggest steel producer.
Iron ore shipments reached 88.66 million tonnes last month, up 1.1 percent from a year ago and up 2.8 percent from July, according to data from the General Administration of Customs on Friday.
Imports over the first eight months are up nearly 7 percent as Chinese mills ramped up output to take advantage of improved margins amid a government crackdown on low-tech steel products. This led to bigger orders for raw materials, particular high-grade iron ore.
“Imports will remain high as steel production is still relatively strong, and China’s winter production cuts won’t come until mid-November,” said Helen Lau, analyst at Agronauts Securities in Hong Kong.
“Domestic iron ore production in China also continues to be under pressure because of the environmental protection measures which prevent them from expanding,” she said.
Beijing has pledged to meet its politically crucial air quality targets by shutting as much as half of the steel capacity in some northern cities this winter, including the top steel producing city of Tangshang.
Shanghai benchmark steel rebar futures rose 8.5 percent in August.
Some mills even postponed proposed maintaince schedules to cash in on the strong margins, traders said.
Stockpiles of imported iron ore at China’s major ports in August fell to the lowest level since early May at 133.45 million tonnes.
Iron ore prices, meanwhile, gained more than 5.5 percent last month and touched a five-month-peak at 609.5 yuan ($94.46) a tonne in late August.
Source: Reuters  

Baltic index hits near 3-year high on stronger capesize vessel rates
in Dry Bulk Market 12/09/2017


The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, touched a near three-year high on Monday, supported by higher rates across all vessel segments.
The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, gained 23 points, or 1.73 percent, at 1,355 points – the highest since Nov. 2014.
“The market has been solely driven forward by the capesize shipping segment this year. Only recently have we seen panamax and handysize climb to profitable freight rates,” said Peter Sand, Chief Shipping Analyst at industry lobby group BIMCO.
“But it all originates from various solid Chinese demand, mainly imports of coal and iron ore.”
Iron ore shipments account for around a third of seaborne volumes on the larger capesizes.
The capesize index climbed 46 points, or 1.66 percent, to 2,813 points, the strongest level for the index since Nov. 2014.
“Capsize dry bulkers have maintained momentum through the weekend with assessed earnings touching a new multi-year high,” Clarksons Platou Securities analysts said in a note.
Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, were up $488 to $20,831, a peak since Nov. 2014.
The panamax index was up 19 points, or 1.38 percent, at 1,394 points.
Average daily earnings for panamaxes, which usually carry coal or grain cargoes of about 60,000 to 70,000 tonnes, increased $155 to $11,192.
Among smaller vessels, the supramax index rose 10 points to 898 points, while the handysize index rose 5 points to 509 points.
Source: Reuters  

ry Bulk FFA: Capesize Market Quiet
in Dry Bulk Market,International Shipping News 12/09/2017


Capesize FFA Commentary:
A quiet physical market today as Typhoon Talim heads for China bringing with it uncertainty about shipment schedules and berth availability. With charterers happy to sit on their hands and wait, owners were similarly not prepared to offer into a void, resulting in a standoff. This had a negative effect on the paper market which gave up some value for the nearby in a day of thin trading. It’s too early to call the bull run over and only as the week progresses will we find the markets true level.
Panamax FFA Commentary:
It was a sluggish start to the week on Panamax paper with levels range bound throughout the day as we continue to maintain good support along the curve. Despite a positive close last week out of both basins the tone remains more cautious today as many seemed happy to wait for some clearer indications.
Supramax FFA Commentary
We opened the week in a similarly sluggish manner as to where we closed the previous with limited trading and levels range bound, However with the index continuing to make gains we saw support continuing to build and seems likely we will start to see current resistance challenged.
Handysize FFA Commentary  

12th September 2017

Baltic Dry Index (BDI) 1344 -11  

view-source:http://nakedshortreport.com/index.php?index=SHIP