Diana Shipping Inc. Announces Time Charter Contract for m/v Clio
Wednesday, 14 January 2009
Diana Shipping Inc., a global shipping company specializing in the transportation of dry bulk cargoes, yesterday announced that it has entered into an agreement with Cargill International S.A., Geneva, to charter one of its Panamax dry bulk carriers, the m/v Clio, at a gross rate of US$11,000 per day for a period of minimum ten (10) to a maximum thirteen (13) months, starting on February 26, 2009. This employment is anticipated to generate approximately US$3.3 million of gross revenues for the minimum scheduled period of the charter. The charterer had the option to redeliver the vessel on January 27, 2009. The Company and the charterer have agreed to extend the existing charter so that from January 27 to February 26, 2009, the gross charter rate will be US$6,000 per day. Until January 27, 2009, the gross charter rate will remain at the current rate of US$27,000 per day.
The m/v Clio is a 73,691 dwt Panamax dry bulk carrier built in 2005.
Diana Shipping Inc. is a global provider of shipping transportation services. The Company specializes in transporting dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.

Source: Diana Shipping Inc

Tonnage supply to be limited further by scrap deals
Thursday, 15 January 2009
With the Baltic Dry Index posting a sustainable rise from the first days of the New Year, a restrained optimism has returned in the market, with the influence of various scrap deals not appreciated as much. Owners have returned to scrap yards by the dozens, eager to sell their older dry bulk carriers, now posting losses as opposed to hefty earnings up to six months ago. According to figures compiled by George Moundreas & Co. the average weekly volumes of dry bulk tonnage that left the market for scrap was increased at 600,000 dwt, versus 400,000-500,00 during the previous weeks. Further to that, the broker reports that negotiations are currently taking place for the scrapping of at least 157 vessels with a capacity of a stunning 5.5 million dwt. This could mean that by the end of 2009 a “healthy” 10 percent of the global dry bulk tonnage may have exited the market. At the same time, what’s rather encouraging is that scrap prices remain at a healthy $250-275/ldt. Of course, reports for the demolition market have indicated, with reference at breakers in the Indian subcontinent, that these prices will somewhat soften. Nevertheless, India seems to be buying tonnage more aggressively than any other at the moment, while China is hovering between $215-220 per ldt. The swift response of ship owners to current market conditions has helped alleviate the supply/demand balance which at the moment favors those standing from the “demand’s” point of view.
Some figures compiled by Drewry Shipping Insight are rather helpful to see the amount of ships flocking demolition sites around the world. The dreadful market conditions of 2008 brought the biggest number of bulk carriers to scrap yards in three years. According to Drewry, a total of 2,704 ships were demolished up until the end of November. In fact all of these ships were sold for scrap from August onwards, since up to then zero vessels had left the market. Only in November a total of 2,075 ships were sold for scrap, a number equal to the combined number of vessels headed for demolition during the years 2006 and 2007! But it is the comparison between 2008 and 2007 that is even more impressive. During 2007 a mere 374 dry bulk carriers were retired and sold for scrap with many months showing no activity whatsoever.
On the contrary, the tanker market proved a lot more balanced, not only because the freight rates kept a more steady pace, but also because of the new rules which will be put in effect from next year (2010) onwards, banning the use of single-hull tankers in most parts of the world. As a result, older tonnage was sold for scrap at hefty rhythms i.e. 3,921 tankers in 2005, 2,646 tankers in 2006, 3,170 in 2007 and 3,753 up until November of 2008.

Nikos Roussanoglou, Hellenic Shipping News

BDI teško prognozirati sluti na pad, no, to je isto kao i reći da li će snijeg početi padati u 16 ili neće.

hehehe…pozdrav…ma kolegice ja sam vam u win-win situaciji…

….jučer kupio dobro prosjek nekih 780, danas na par desetaka kom na 730-750…pošto je otišlo gore ja u pravu
…kad je bila na 800 lik reko to su zabetonirane razine idemo, na 900, ma kaj na 900 na iljadu, ja kažem ne, ovo će se događati ljudi budite oprezni, slijedila je pljuvačnica, al dobro ja opet u pravu…
…tak da kolegice… meni je ovo od sad nadalje igranje…s obzirom da sad više nema niti jednog argumenta za njegovu teoriju…

P.s. nema više nekih nikova kaj su me napadali kako pišem…jeste bar poslušali savjet….daj bože…
Sigurno su zaradili više od moje "nule" u tjedan dana, a kad se pogleda moglo se recimo na portfelj od 100k uzet bez beda 20%…al ne ja moram dokazivati…da se isplati boriti s vjetrenjačama…hihihi

.puno slame, malo žita.

Krivo. Ja ću se uskoro potruditi da na nekom razumnom nivou otpalim sve nelikviduše jer tamo gubim vrijeme i udri po likvidnima. Ipak je trejdanje viši stupanj investiranja nego da ćumim bez veze i čekam nečiju milost da se pokrene. Kad se pokrene lako se je vratiti.
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Bravo verdi frende najstariji, to i ja tvrdim, ove godine nema ništ od čekanja, samo trejd dovodi u dobitke, jest rizično, al što u životu nije.
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Kakva glupost.
Pretpostavi da ste samo ti i verdi dejtrejderi na Atlantskoj, jasno je da ako jedan dobiva da drugi gubi.
I onda će taj jedan koji dobiva bezobrazno na forumu slijedeći dan reći Tko ti je kriv kad si glup, idiote jedan.
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Da pretpostavljam….samo uz tu pretpostavku ide i činjenica da ne tguju samo trejderi na određenoj dionici…nego i ini…ili hoćeš reći da je netko i izgubio na atlanskoj u tjedan dana…ma kako to…a cijena stalno ista…zabetoniranih 800 kuna… [lol]

Krivo. Ja ću se uskoro potruditi da na nekom razumnom nivou otpalim sve nelikviduše jer tamo gubim vrijeme i udri po likvidnima. Ipak je trejdanje viši stupanj investiranja nego da ćumim bez veze i čekam nečiju milost da se pokrene. Kad se pokrene lako se je vratiti.
[/quote]

Bravo verdi frende najstariji, to i ja tvrdim, ove godine nema ništ od čekanja, samo trejd dovodi u dobitke, jest rizično, al što u životu nije.
[/quote]

Kakva glupost.
Pretpostavi da ste samo ti i verdi dejtrejderi na Atlantskoj, jasno je da ako jedan dobiva da drugi gubi.
I onda će taj jedan koji dobiva bezobrazno na forumu slijedeći dan reći Tko ti je kriv kad si glup, idiote jedan.
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Krivo ste to razumjeli kolega jer ne znate pozadinu dijaloga između mene i Matije. Ja još uvijek ne trejdam jer je to nauka koju treba jako dobro poznavati. Kad se to svlada onda si jednostavno bogat čovjek. Ja i Matija se znamo sa Zabe gdje su mi znatna sredstva blokirana, a Vi si sami možete provjeriti kako tamo stvari stoje.

Kako je od dva članka jedan pozitivan jedan negativan, zanima me da li mi je ista osoba dala 1% [lol]

@Sava,
sad sam se sjetio Vi ste još na INA-i ?! Prošlo svršeno vrijeme kolega. Život ide dalje. Živjela hrvatska mornarica i ostali likvidni segmenti naše male nacije.

Smjestio sam se u Dioki a pomalo piskaram na par tema.
Inu i još par dionica pratim pa ako vidim nešto interesantno još stignem ući, bar se nadam.

U Atlantskoj nažalost nisam iako sam želio ući tamo na oko 500 ako se ne varam.
Ali šta ćeš pukla guma na autu, ispraznila se baterija na mobitelu i ja zaključio da je to prst sudbine koji pokazuje ne kupiti.

Grdno se prevario.