Post Easter Market losses whilst the Ukrainian inferno will last and spill over like Covid… A crucial second Easter Week given the Orthodox Easter but with unorthodox combat. Shame! John Faraclas’ brief Market and geopolitics recap:
The BDI (Baltic Dry Index) lost 22 points since last week (14/04) and now reads 2,115…
The Capes’ BCI was down 139 points losing the 1,400 points threshold and now stands at 1,342…
Mini gains for the Panamaxes’ BPI now at 3,079 – up 37 points.
Gains for...
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...
Vital Statistics for the 2021 100 Top Women in Shipping
By Anny Zade
We have not experienced anything like this and never witnessed or heard anything to be as closely followed as the international mega-spread talk, gossip and social media communication, as the aftermath of our third international 100 Top Women in Shipping. It was more than touching to see how women reacted in uploading the results and making presentations individually or in groups in many regions all over Planet Ocean....
https://allaboutshipping.co.uk/2022/03/07/vital-statistics-for-the-2021-100-top-women-in-shipping/
DIANA SHIPPING INC. ANNOUNCES DIRECT CONTINUATION OF TIME CHARTER CONTRACT FOR M/V MEDUSA WITH CARGILL
ATHENS, GREECE, February 28, 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 Kamsarmax dry bulk vessels, the m/v Medusa. The gross charter...
https://allaboutshipping.co.uk/2022/02/28/diana-fixes-kamsarmax-medusa-on-period-to-cargill/
Xeneta: Shipping to the UK from the Far East is considerably more expensive than going to the continent
The proximity of the main UK ports and the main ports in North Europe means that historically freight rates to these areas have been the same; however, this relationship has changed over the past year. In a post-Brexit world, shippers are paying a considerable premium for UK ports compared to North Europe. This is the case both on the short- and long-term contracts.
As of...
GLOBAL & REGIONAL DAILY (Wednesday, January 12 2022)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
January 12 2022
Global Markets
The World Bank cut its global economic growth forecasts to 5.5% (from 5.6%) in 2021 and 4.1% (from 4.3%) in 2022 amid continued COVID-19 flare-ups, diminished fiscal support, and lingering supply bottlenecks.
Greece
According to Eurostat’s flash estimate, the inflation rate in Greece increased for the 7th month in a row in Dec-21 and reached its...
https://allaboutshipping.co.uk/2022/01/12/global-regional-daily-wednesday-january-12-2022/
The Institute of Chartered Shipbrokers names new executive leadership tea
The Institute of Chartered Shipbrokers, the professional body for the commercial shipping industry worldwide, officially welcomed its new executive leadership team at the Controlling Council meeting in October.
Taking over the baton from Susan Oatway FICS as the new International Chair of the Institute will be Glenn Murphy FICS of the Ireland branch who has been Vice Chairman of the Institute for the past two years. Working...
BIMCO’s Q3-2021 Shipping Market Overview & Outlook out now in its entirety. Focus on dry, wet, box and macro
Tanker shipping: profitability still a way off for loss making tankers as pandemic drags on
New virus mutations and outbreaks have slowed the recovery in global oil demand as some countries lock down again and international travel remains complicated.
Container shipping: onshore disruption leading to record delays and profits
Diana Shipping Inc. Announces Time Charter Contract for m/v Phaidra with Uniper
ATHENS, GREECE, August 30, 2021 – 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 Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Phaidra. The gross charter rate is US$28,000...
Dry bulk market report | Industry analysis, news and rates
Dry bulk capesize freight rates breaking a record high on the back of strong start 2021 cargo loading volumes
The dry bulk index keeps its increasing trend driven by buoyant sentiment in dry bulk capesize freight rates. The capesize freight market has been trading strongly since the beginning of April to reach levels not seen in the past decade.The capesize 5TC opened last week at $40,608/d, peaked at $44,817/d mid-week before finally...
https://allaboutshipping.co.uk/2021/05/13/dry-bulk-market-report-industry-analysis-news-and-rates/