FI 4Q2009

http://www.zse.hr/userdocsimages/financ/TNPL-fin2009-4Q-NotREV-K-HR.pdf

Da , pozitivna nula. Moguče da su odradili neke remonte u 4q. Tu su novi brodovi, čekamo 1q.

50 miliona kuna su u preplati poreza na dobit, al su iskreditirali šukera ( paušali na prošlogodišnju dobit). Ne znam da li to ulazi u RDG ?

mene je izvješće iznenadilo ugodno, mislio sam da će biti poveći minus vodeći se poslovanjem atlantske koja je ostvarila 50 mil kn minusa, a bdi je na pristojnim razinama ostao za razliku bdti.

http://www.seebiz.eu/hr/tvrtke/transport/tankerska-plovidba-snazan-pad-dobiti-prosle-godine,71766.html

U.S. and Chinese Oil Imports Continue to Grow in February
Tuesday, 23 March 2010
US crude oil imports averaged 8.84 mb/d in February, 0.41 mb/d higher than in the previous month. On a y-o-y basis, February data showed a decline of 4% or 0.37 mb/d compared to the same month a year ago. For the last 2 months, US crude oil imports showed a constant rising trend after the sharp decline in December. US product imports declined slightly in February by 1.2% or 34,000 b/d compared to the previous month to average 2.76 mb/d, and showed a decline of 8% or 0.23 mb/d from the same month a year ago. Finished motor gasoline imports stood at 217,000 b/d compared to 214,000 b/d in January and were 20.6% higher compared to the same month last year. Distillate imports in February were 441,000 b/d compared to 476,000 b/d in the previous month and 327,000 b/d a year earlier.
On the export side, US products exports fell in February compared to the previous month, averaging 1.67 mb/d. On a y-o-y basis, product exports were 8% or 149,000 b/d lower. As a result, US net oil imports in February were 4.7% or about
0.46 mb/d higher compared to the previous month to average 9.89 mb/d. This was the result of an increase of 0.46 mb/d in net crude oil imports and of 40 tb/d in net product imports, both compared to the previous month. February net oil imports were 4.4% lower than a year earlier, representing a decline of 0.45 mb/d from a year ago.
According to the latest data available, Canada was the top crude oil supplier to the US in November, supplying about 2.05 mb/d, up from 1.98 mb/d in the previous month.
Mexico was next, supplying 1.06 mb/d, up from about 0.95 mb/d in the previous month. Nigeria and Saudi Arabia came next with 1.02 mb/d and 0.89 mb/d respectively. OPEC Member Countries supplied 3.85 mb/d or 47.3% of total US crude oil imports in November, down from 4.23 mb/d the previous month and from 5.10 mb/d in the same month a year earlier. For product imports, Canada was again the top product supplier to the US in November, supplying about 0.60 mb/d, compared to 0.54 mb/d in the previous month, followed by the Virgin Islands with 0.29 mb/d, up from 0.21 mb/d compared to last month. Russia was next with 0.22 mb/d, down from 0.26 mb/d a month earlier, followed by Algeria with 0.21 mb/d, up from 0.18 mb/d. Venezuela supplied the US with 70 tb/d of products in November followed by Libya with 20 tb/d.
Altogether, OPEC Member Countries supplied about 336,000 b/d or 14.3% of total US product imports in November, down from 357,000 b/d in the previous month. For US product exports, Mexico was the top importer in November, importing 0.41 mb/d.
Canada was next with 0.17 mb/d followed by Brazil with 0.10 mb/d. Altogether, OPEC Member Countries imported an average of 130,000 b/d of US products in November compared to 124,000 b/d the previous month.
Chinese Imports
According to Chinese official data, China’s crude oil imports have declined in January 2010 to 4.04 mb/d, which represents a decline compared to the record high import of last month of 20%, but still 33% higher than crude oil imports last year, which were 3.03 mb/d. Imports of oil products stood at 0.79 mb/d, 25% lower than the month mbefore and 6% lower than the previous year. Diesel imports remained on the top of the product imports list in January with an average of 320 tb/d, indicating a decline of 85 tb/d or 20% compared to the previous month. Jet fuel followed with 119 tb/d in January, lower by 7 tb/d from the previous month. The increase in import tax for some products supported the decline in product imports.
China total product exports averaged 721 tb/d in January, a decline of 250 tb/d or 25% compared to the previous month. Exports of gasoline on average stood at 165.000 b/d, compared to 269.000 b/d the previous month. Average exports of diesel slightly declined to 112.000 b/d for January compared to 269.000 b/d the month before.
As a result, China net oil imports ave

Jeste primjetili da BDTI opet raste?Zapravo to nije ni važno,ja sam danas započeo s dokupom,vidjet ćemo za godinu -dvije kolika će biti cijena… [undecid]
Pozdrav.

Bunker costs stability could lead tanker earnings to higher levels
Monday, 29 March 2010
In a sign of things to come, the cost of bunker fuels could yet again become a major reason for shipowner headaches, despite the recent “quietness” of trade, which has seen prices behaving in a rather stable manner, the exact opposite of what’s been happening with the dry bulk market, i.e. the ship owners’ source of income. Things haven’t been that stable in the recent past, as a result of the growing instability of oil prices. This volatility, which could have been a sign of things to come, saw oil prices moving up from $51/bbl at the start of 2007 to $146/bbl (for Brent) by July 2008, the latest peak. As a result, bunker prices exploded from $250/ton for the average 380 cst to just above $700/ton. Of course, during that time, most owners could afford such prices to operate their moneymaking vessels, with the cost of hiring a vessel following a similar rising pattern. This trend was supported by a strength of economic growth, which pushed oil demand higher and subsequently oil prices.
Since that erratic period, things have moved about differently. The mid 2008 crisis reversed those fundamentals, leading both demand and prices lower. With brent crude falling to only $38/bbl, bunkers retreated close to $200/ton, their lowest levels in four years. It was a much needed breather for ship owners, who were looking the “shipping miracle” collapse into ruins. But, it was a short lived breather, as OPEC quickly reacted, lowering its production, while at the same time, expectations of a rebound in economic activity, which would then lead to higher oil demand, pushed futures prices higher, almost from the beginning of 2009.
In its latest weekly report London-based shipbroker Gibson said that bunker prices over the past six months have been more stable than at anytime in the previous four years, close to $450/ton, hand in hand with oil prices, which have been trading in the $70-80/bbl range. “This extreme price volatility over 4 years has not only impacted on bunker costs; there has been a huge impact on the Worldscale flat rates. Flat rates are based on historical bunker prices over the period October to September (e.g. 2010 flat rates are based on prices from Oct 2008 to Sep 2009, as shown by the blue dashed lines on the graph). As a result of the 2007/08 price hike, 2009 Worldscale flat rates for long haul voyages increased by a massive 40%. The 2008/09 price fall then led to the sharp drop in Worldscale flat rates for this year, which were down 25% for long haul voyages. Now, the rebound and stability in prices since last October will result in another major revision to flat rates next year. We have had 6 months of data that will go into the 2011 Worldscale calculations. This, coupled with the stable price outlook for the next 6 months, implies Worldscale flat rates for long haul voyages will rise by 25% next year. Hence, we will face another big change in Worldscale spot rates at the start of 2011” said Gibson.

Nikos Roussanoglou, Hellenic Shipping News Worldwide

Stršilo od 500 komada?! Fondovima treba lova? wtf

Samo nek ostane tamo, nek ne pobjegne [cool]