Što ti onda znači taj post – koje si činjenice iznio ?

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

Evo čak i ovi medvjedi …..

Morgan Stanley Said to Seek Supertanker to Store Oil (Update1)
Email | Print | A A A

By Alaric Nightingale and Todd Zeranski

Jan. 15 (Bloomberg) — Morgan Stanley is seeking a supertanker to store crude oil, joining Citigroup Inc. and Royal Dutch Shell Plc in trying to profit from higher prices later in the year, four shipbrokers said.

The bank, the second-biggest U.S. securities firm until becoming a bank-holding company in September, has yet to find a suitable vessel, said one of the brokers. The shipbrokers asked not to be identified because the information is private. Carlos Melville, a spokesman for Morgan Stanley in London, declined to comment, in an e-mail today.

“There’s a lot of people looking for storage,” Denis Petropoulos, London-based head of tankers at Braemar Shipping Services Plc, the world’s second-largest publicly traded shipbroker, said by phone.

Frontline Ltd., the world’s biggest owner of supertankers, yesterday said about 80 million barrels of crude oil are being stored in tankers, the most in 20 years. A purchaser could buy oil now, keep it for months at sea and fetch better prices by selling oil futures that are higher than the spot price.

The so-called contango pricing structure has been caused by excess oil supply as demand slows and speculation that output cuts by the Organization of Petroleum Exporting Countries will reduce the glut later this year.

Slumping U.S. oil demand means tanks are filling at Cushing, Oklahoma, the pricing point for the benchmark West Texas Intermediate grade. Futures contracts indicate WTI will gain an average of about $2.15 a barrel a month until December.

Supertanker Storage

Supertanker storage deals are being done at about $75,000 a day, according to Petropoulos. Assuming the ship has a 2 million- barrel cargo, that works out at $1.12 a barrel over a 30-day period. Traders also need to pay financing and insurance costs.

Phibro LLC, Citigroup’s commodities trading unit, has the carrier Ice Transporter stationed off northern Scotland, according to people familiar with the matter. Shell, Europe’s largest oil company, has booked the supertankers Leander and Eliza. Koch Industries Inc. has also done the trade.

The easiest types of oil to buy for the trade are likely to be either WTI or the North Sea grades Brent, Forties, Oseberg or Ekofisk. That’s because they are the ones used to settle the most-traded futures contracts.

Other oils, such as those from the Middle East and Africa, are usually bought and sold at prices related to the main European and U.S. grades. Because those prices fluctuate, it means traders assume an extra risk by hoarding them.

Morgan Stanley owns half of Heidmar Inc., which operates smaller oil tankers. Heidmar hasn’t had demand for its tankers to store oil, probably because they aren’t the largest supertankers that investors need for the contango trade, Tim Brennan, the company’s chief executive officer said by phone Jan. 8.

To contact the reporter on this story: Alaric Nightingale in London at Anightingal1@bloomberg.netTodd Zeranski in New York at tzeranski@bloomberg.net

Last Updated: January 15, 2009 08:41 EST

@vizionar – nažalost kada bi se tankerska ponašala kao vanjski tankeraši, bila bi na 3500, ali zakucali su je lupajući nemilo po bidu, tako da ovdje vrijede neka druga pravila nažalost, imam gomilu tankerske, i čekam 2010 godinu, i odlazak single hulla, jer me ove cijene ne zanimaju, prosjek oko 2500

Dodatno tankerska je rasla jesenas kad su vanjski tankeri bili na dnu, a padala nemilo kada su vanji tankeri rasli do ATH. Nadajmo se da će se sve unormaliti u budućnosti.

Zato i mislim da bi ona trebala rasti jer po drugima njena trenutna vrijednost bi trebala biti negdje oko 4800 kn!

U svakom slučaju sam sretan da se tankeri ne "oporavljaju" kao bulkeri, kojima su vozarine katastrofalne, već tankeri cijelo vrijeme dobro zarađuju. Još dodatno je velika sreća da su TNPL handymaxi još pod dobrim ugovorima.

Morgan Stanley Said to Seek Supertanker to Store Oil
Jan. 15 (Bloomberg) — Morgan Stanley is seeking a supertanker to store crude oil, joining Citigroup Inc. and Royal Dutch Shell Plc in trying to profit from higher prices later in the year, four shipbrokers said.

The bank, the second-biggest U.S. securities firm until becoming a bank-holding company in September, has yet to find a suitable vessel, said one of the brokers. The shipbrokers asked not to be identified because the information is private. Carlos Melville, a spokesman for Morgan Stanley in London, declined to comment, in an e-mail today.

“There’s a lot of people looking for storage,” Denis Petropoulos, London-based head of tankers at Braemar Shipping Services Plc, the world’s second-largest publicly traded shipbroker, said by phone.

Frontline Ltd., the world’s biggest owner of supertankers, yesterday said about 80 million barrels of crude oil are being stored in tankers, the most in 20 years. A purchaser could buy oil now, keep it for months at sea and fetch better prices by selling oil futures that are higher than the spot price.

The so-called contango pricing structure has been caused by excess oil supply as demand slows and speculation that output cuts by the Organization of Petroleum Exporting Countries will reduce the glut later this year.

Slumping U.S. oil demand means tanks are filling at Cushing, Oklahoma, the pricing point for the benchmark West Texas Intermediate grade. Futures contracts indicate WTI will gain an average of about $2.15 a barrel a month until December.

Supertanker Storage

Supertanker storage deals are being done at about $75,000 a day, according to Petropoulos. Assuming the ship has a 2 million- barrel cargo, that works out at $1.12 a barrel over a 30-day period. Traders also need to pay financing and insurance costs.

Phibro LLC, Citigroup’s commodities trading unit, has the carrier Ice Transporter stationed off northern Scotland, according to people familiar with the matter. Shell, Europe’s largest oil company, has booked the supertankers Leander and Eliza. Koch Industries Inc. has also done the trade.

The easiest types of oil to buy for the trade are likely to be either WTI or the North Sea grades Brent, Forties, Oseberg or Ekofisk. That’s because they are the ones used to settle the most-traded futures contracts.

Other oils, such as those from the Middle East and Africa, are usually bought and sold at prices related to the main European and U.S. grades. Because those prices fluctuate, it means traders assume an extra risk by hoarding them.

Morgan Stanley owns half of Heidmar Inc., which operates smaller oil tankers. Heidmar hasn’t had demand for its tankers to store oil, probably because they aren’t the largest supertankers that investors need for the contango trade, Tim Brennan, the company’s chief executive officer said by phone Jan. 8.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aZ.fkHAp0gPo

Ovo je pravo čudo da tankerske još nema na prodaji! [shocked]

Prvi put da vidim da je uprava odgovorila burzi:

Postovani Clanovi,

obavjestavamo vas da ce se trgovanje dionicama TNPL-R-A nastaviti u 12:25.
Na upit Upravi Drustva Tankerska plovidba d.d. ista je odgovorila da im nisu poznate nove materijalne cinjenice a koje bi utjecale na promjenu cijene dionica.
Ukoliko cijena nakon obustave opet probije utvrđene dnevne kriterije, trgovanje se nastavlja bez limita.

zbog niske prosjecne cijene jucer