The BDI (Baltic Dry Index) lost 23 points since yesterday and now stands at 2,522; on a weekly basis same was down 61 since last week’ 2,605 losing the 2,600 points threshold. In search for Peace in Ukraine to avoid spill over and World War III, but this requires leaders and not morons to change the mindset. Same applies for Covid’s anathema, now entering its third year. John Faraclas’ daily and weekly recap:
The Capes BCI was down 82 points to 1,887 and on a weekly basis minus 718...
24 March 2022 An information paper, based on data provided to the GSCC by IHS Markit
For the 35th consecutive year the GSCC presents statistical data, in the form of 11 tables on Greek controlled ships over 1,000 GT, registered under the Greek and other flags. The data has been provided by IHS Markit.
The following is a short analysis, prepared by the GSCC Secretariat, of the data provided.
Information from Table 1, compared with corresponding data from the previous year, shows that, during the...
https://allaboutshipping.co.uk/2022/03/24/greek-controlled-shipping-2022/
ATHENS, GREECE, March 23, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with an unaffiliated Japanese third party for the 2022 new-building Capesize dry bulk vessel, m/v Florida. Upon completion, which is estimated to take place by March 29, 2022, the Company’s gross proceeds in connection...
ATHENS, GREECE, March 21, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Artemis. The gross charter rate is US$21,250 per day, minus a 4.75% commission paid to third parties, for a period until minimum June 20,...
The BDI (Baltic Dry Index) was down three points since yesterday and now stands at 2,588… Ukraine: calling everybody’s bluff… Covid spreads; the fourth doze please… John Faraclas brief daily recap:
The Capes’ BCI was down 28 points and now stands at 2,604…
The Panamaxes’ BPI was up three points at 2,850…
Supras’ BSI doing well as well as Handies’ BHSI at 2,892 – plus 16 and 1,620 – plus 19 points respectively…
This is what I call a Dry Market calibration… watch this space!
The Wets...
Midweek Market blues as BDI fells under 2,600 points threshold and Wets follow suit. Ukraine is the biggest set up and actors involved do not know their role as the script was too complicated… Shame, shame, Shame… Covid’s resurge will cause more mess. John Faraclas’ brief midweek recap:
The BDI (Baltic Dry Index) was down 98 points and now reads 2,591…
The Capes’ BCI was down 191 losing both the 2,700 and 2,800 points threshold and now stands at 2,632…
The Panamaxes’ BPI was down 99...
The BDI (Baltic Dry Index) lost its 2,700 points threshold, as Panamaxes fall was proportionally …substantial. Wets’ “strange” fall continues. Peace in Ukraine MUST be restored here and now, otherwise all this set up is the biggest crime against humanity. There is no “or else”; I mean counter and punishment against all aggressors. Wonder under which proviso protocols and measures are lifted and simultaneously Covid re-surges. John Faraclas’ brief daily recap:
T...
Markets try hard to remain buoyant whilst the despicable events in Ukraine and Covid’s rise coupled with the already existing recession might lead Planet Ocean to a point of no return; CAUTION. John Faraclas’ brief daily recap:
The BDI (Baltic Dry Index) was up just nine points since last Friday the 11th of March 2022 and now stands at 2,727…
Capes’ BCI went over and above the 2,700 points and now reads 2,786 – plus 110 !!
Panamaxes BPI lost the 3,100 points threshold and now reads...
OceanPal Inc. Announces Receipt of Nasdaq Notice
ATHENS, GREECE, March 11, 2022 – OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated March 8, 2022, indicating that because the closing bid price of the Company’s common stock for 30 consecutive business days, from January 21, 2022 to March 7, 2022, was below the minimum $1.00 per share...
https://allaboutshipping.co.uk/2022/03/11/oceanpal-inc-announces-receipt-of-nasdaq-notice/
Diana fixes Capesize “Florida” on long period charter to Bunge
DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACT FOR M/V FLORIDA WITH BUNGE
ATHENS, GREECE, March 9, 2022 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bunge S.A., Geneva, for one of its Capesize dry bulk vessels, to be named...