Dry Bulk Weekly – March 12, 2012
Baltic dry index rose 6.9% last week; Capesize Index was down 1.4%; Panamax Index rose 5.3%; Supramax Index was up 16.0%; Handysize Index rose 7.3%. Iron ore inventory at Chinese ports close to...
View ArticleTanker Weekly – March 12, 2012
Baltic Dirty Tanker Index rose 3.5%; Baltic Clean Tanker Index fell 3.1%.
View ArticleDry Bulk Weekly – April 23, 2012
Baltic dry index rose 9.8% last week; Capesize Index was down 2.5%; Panamax Index rose 28.4%; Supramax Index was up 9.0%; Handysize Index rose 4.1%. Iron ore inventory at Chinese ports fell in the...
View ArticleTanker Weekly – April 21, 2012
Baltic Dirty Tanker Index fell 5.4%; Baltic Clean Tanker Index fell 0.6%. Same as with dry bulk...nothing changed.
View ArticleU.S. Natural Gas Weekly – May 4, 2012
Working gas in storage rose 28 Bcf from previous week. Consensus was at 29 Bcf. Storage level is massive 810 Bcf higher than same time year ago and way above 5-year average. Abundance of supply.
View ArticleU.S. Petroleum Weekly – May 4, 2012
The oil price is holding up quite well despite weaker demand and higher stockpiles. The reason for that are tightness in the brent market (which reflects in other markets via. arbitrage) and...
View ArticleU.S. Freight Carloads Weekly – May 4, 2012
U.S. railroads originated 283,080 carloads, down 4.2% compared with the same week in 2011 and down 3.3% in relation to 5-year average. Week over week change was +0.3%.
View ArticleDry Bulk Weekly – May 7, 2012
Baltic dry index rose 0.1% last week; Capesize Index was up 5.1%; Panamax Index fell 12.1%; Supramax Index was up 1.5%; Handysize Index rose 2.2%. Iron ore inventory at Chinese ports and price mostly...
View ArticleTanker Weekly – May 7, 2012
Baltic Dirty Tanker Index fell 2.1%; Baltic Clean Tanker Index fell 0.6%.
View ArticleRig Count Monthly – May 8, 2012
Massive fall in gas drilling in recent months coupled with large increase in oil drilling.
View ArticleChinese Trade Balance Surplus Larger Than Expected In April
China trade balance was reported at USD 18.4 billion vs. USD 5.4 billion in December and USD 9.9 billion consensus. Export and import growth were running at 4.9 and 0.3 percent vs. 8.9% and 5.3% in March.
View ArticleChina April CPI Inflation At 3.4%; PPI Inflation At -0.7%
China Consumer Price Index was up 3.4% in April, vs. 3.4% consensus and 3.6% March reading. Food inflation rose fell from 7.5 to 7.0%. China Producer Price Index fell to -0.7% from -0.3% in April....
View ArticleDry Bulk Weekly – May 21, 2012
Baltic dry index rose 0.3% last week; Capesize Index was up 1.2%; Panamax Index fell 3.6%; Supramax Index was down 0.4%; Handysize Index rose 3.7%. Iron ore inventory at Chinese ports mostly flat,...
View ArticleTanker Weekly – May 21, 2012
Baltic Dirty Tanker Index rose 0.7%; Baltic Clean Tanker Index rose 0.3%.
View ArticleDry Bulk Weekly – July 2, 2012
It's been a while a posted my last post. My day job has become really exhaustive and it's quite difficult for me to find time to write. I hope I will manage to post at least a couple of posts per week...
View ArticleDry Bulk Weekly – January 7, 2013
Almost half a year passed since my last post. I have to say I miss my blogging, so one of my New Year decisions was start over, probably not with intensity as in the best days... In the mean time we...
View ArticleTanker Weekly – January 7, 2013
The fleet is growing slower in tankers than in dry bulk and the order-book is smaller in proportion to the fleet size. The difference is that the volumes are more stable in wet cargo, so overall maybe...
View ArticleDry Bulk Update – March 6, 2013
I don't see any encouraging data for the dry bulk industry, we are probably years away from recovery. Last week Baltic Dry Index rose 4.9%; Capesize Index was down 6.9%; Panamax Index rose 14.0%;...
View ArticleTanker Update – March 6, 2013
Same as with dry bulk, we are long time away from recovery, but I tend to think that overcapacity is smaller in wet cargo. Baltic Dirty Tanker Index rose 3.4%; Baltic Clean Tanker Index rose 1.2%.
View ArticleRig Count Update – March 7, 2013
Number of crude oil drilling rigs in the U.S. was quite stable in the last 6 months. On a year level we had a small decrease. On world scale number of oil & gas drilling rigs changed only for the...
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