Baltic Exchange

Baltic Exchange Gas Report : VLGC Auction Price Is Playing On People’s Minds

LNG

With Australia-Japan BLNG1g hovering with a close of $146,642 (a rise of just shy of $2,000) on the week, there have been firm enquiries made for Australia liftings in December with a few other FOB cargoes reported in the AG. Tonnage is available with sublet ships being shown, while currently major players are well covered on their own programs.

The US market saw some drops on the indices but there is no doubt the VLGC auction price is playing on people’s minds. With ships looking at huge...

https://mfame.guru/baltic-exchange-gas-report-vlgc-auction-price-is-playing-on-peoples-minds/

Baltic Exchange Bulk Report : Increased In Mineral Demand

Capesize

The capesize market started the week on a sluggish note with the PPA conference in Perth creating a quieter atmosphere, leading to reduced trading volumes in the Pacific and a softening of rates. Despite some stabilisation in conditions midweek, the Pacific market remained uninspiring with limited activity and rates on the C5 route dipped. However, as the week drew to a close, there was a slight uptick in volumes and rates on C5 have nudged back up by 45 to 50 cents. In the Atlantic,...

https://mfame.guru/baltic-exchange-bulk-report-increased-in-mineral-demand/

Baltic Exchange Bulk Report : Increased In Mineral Demand

Capesize

The capesize market started the week on a sluggish note with the PPA conference in Perth creating a quieter atmosphere, leading to reduced trading volumes in the Pacific and a softening of rates. Despite some stabilisation in conditions midweek, the Pacific market remained uninspiring with limited activity and rates on the C5 route dipped. However, as the week drew to a close, there was a slight uptick in volumes and rates on C5 have nudged back up by 45 to 50 cents. In the Atlantic,...

https://mfame.guru/baltic-exchange-bulk-report-increased-in-mineral-demand/

Baltic Exchange Dry Index to Trade at 2045.56 Points

Credits: Venti Views/Unsplash

A recently published trading economics news source deals with the shipping industry market and demand.

Baltic Exchange Dry Index

Baltic Exchange Dry Index is expected to trade at 2045.56 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2379.51 in 12 months time.

The Baltic Exchange’s main sea freight index, which measures the cost of shipping goods worldwide,...

https://mfame.guru/baltic-exchange-dry-index-to-trade-at-2045-56-points/

BAI Index October 2023: Market Summary

Credits: Baltic exchange

Baltic Exchange summarizes the BAI Index for October 2023.

Onwards and upwards – through peak season and beyond

After a long and at times dizzying fall from the giddy peaks of the Covid era, it seems that air freight rates may have finally bottomed out – and are now rising into not just a genuine peak season bounce, but perhaps beyond that.

During September, the overall Baltic Air Freight Index (BAI00) gained +11.0% over the four weeks to 2 October, cutting its decline over...

https://mfame.guru/bai-index-october-2023-market-summary/

Weekly Bulk Report – Week 36, 2023

Credits: Balticexchange

The Baltic Exchange has released a report about the dry bulk market for the 36th week of shipping activities this year. The report dated 8th September 2023 highlights the dry bulk market conditions at the on-sight of the 36th week.

Capesize

The capesize market witnessed an eventful week. It began energetically in the Pacific, where all three major players actively participated, leading to a positive response to the C5 market. As the week progressed, the market experienced...

https://mfame.guru/weekly-bulk-report-week-36-2023/

Weekly Bulk Report – Week 31, 2023

Credit: Tom Fisk/Pexels

The Baltic Exchange has released a report about the dry bulk market for the 31st week of shipping activities this year. The report dated 04th August 2023, highlights the dry bulk market conditions at the on-sight of the 31st week.

Capesize

The cape market had a sluggish start to the week but gradually exhibited signs of improvement and positivity as the week progressed. The anticipated momentum in the Pacific fizzled out by the middle of the week despite the presence of two...

https://mfame.guru/weekly-bulk-report-week-31-2023/

Baltic Exchange Dry Index – 2023

Credit: Peninsula’s bunker tanker Hercules Sky supplying a biofuel blend to a chemical tanker in Gibraltar. Peninsula

The Baltic Exchange’s main sea freight index, which measures the cost of shipping goods worldwide, rose by 5 points to 1,128 points on 3rd August , after a 2.4% slump the day before, amid higher demand for panamax vessels, says an article published on Tradingeconomics.

Seventh straight session

The panamax index, which tracks ships that usually carry coal or grain cargoes of about...

https://mfame.guru/baltic-exchange-dry-index-2023/

Market Prepares To Move Open Interest from P4TC To P5TCa

Credit: Roy Liz Barlow

The Baltic Exchange has been working closely with the Clearing Houses (CCP’s) EEX and SGX to transition open interest settled on its discontinued Panamax 4TC (P4TC) index to its P5TC index, reports Xinde Maritime News.

 Zero open interest

SGX and EEX will suspend their P4TC 2028 calendars, which have zero open interest, on 31 July 2023. The CCPs are working with their clearing members and the FFA Brokers’ Association (FFABA) to transition open interest in P4TC calendars...

https://mfame.guru/market-prepares-to-move-open-interest-from-p4tc-to-p5tca/

Weekly Bulk Report – Week 27, 2023

Credit: Tom Fisk/Pexels

The Baltic Exchange has released a report about the dry bulk market for the 27th week of shipping activities this year. The report dated 07th July 2023, highlights the dry bulk market conditions at the on-sight of the 27th week.

Capesize

As the week commenced in the Pacific, it became apparent that there was a notable level of enquiry, defying the usual subdued nature of Mondays. The majors from West Australia to China have been present in the market throughout the week....

https://mfame.guru/weekly-bulk-report-week-27-2023/

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