Today: 13,106 -57 MTD avg 11,512 YTD avg 11,987 '23 FFA 17K Could infl nos from the US indicate we've reached a top in int rates? As such one can assume steel intensive invest ex China might return. Pt we could use more congestion #dividends #drybulk #capesize #2020bulkers
June 14, 2023, 10:19 a.m.
Today: 13,163 +461 MTD avg 11,335 YTD avg 11,977 '23 FFA 18K You would assume that China will start building iron ore stock with the combination of low price and low inventory. At least there is a upside potential in that regard. #dividends #drybulk #capesize #2020bulkers
June 13, 2023, 11:10 a.m.
Today: 12,702 +142 MTD avg 11,107 YTD avg 11,966 '23 FFA 17K Moving sideways without too much exiting news from the market. Usually we see an end June rush on cargo, but for FFA traders seeing is believing. Fuel spread up. #dividends #drybulk #capesize #2020bulkers
June 12, 2023, 10:15 a.m.
Today: 12,560 +448 MTD avg 10,879 YTD avg 11,959 '23 FFA 17K IO invent in China still low, and price for IO/stl continues strength. China vocal abt reals estate support, and sentiment seems slightly better. BCI +36% since last wk #dividends #drybulk #capesize #2020bulkers
June 9, 2023, 11:10 a.m.
#2020bulkers announced on June 8th a cash distr. of $0.08 per #share for the month of May 2023. ~10% annualized #Yield vs yday's closing price of NOK 105 per #Share Fleet avrg TCE May $25,600/day (Baltic Cape index avrg $17,773) #dividends #drybulk #ironore #shipping #capesize
June 8, 2023, 10:39 a.m.
Today: 9,254 -233 MTD avg 9,371 YTD avg 11,982 '23 FFA 16K Slight up on C3 and C5 which is positive, and FFA didn't change its mind after yday. Positive stimuli news from China real estate, but June is what it is for now. #dividends #drybulk #capesize #2020bulkers
June 2, 2023, 10:25 a.m.
Today: 10,099 -3,122 MTD avg 17,773 YTD avg 12,034 '23 FFA 15K Cape is not for the faint of heart. Massive FFA sell off, and bearish sent. At these lvls, we need to wait for the Atlc to be sold out, which will happen eventually #dividends #drybulk #capesize #2020bulkers
May 31, 2023, 10:17 a.m.
Today: 14,577 -1,433 MTD avg 18,717 YTD avg 12,022 '23 FFA 16K Typical Cape with a rather unexpected avalanche. It seems a bit oversold atm, however Owners don't dare to hold back much longer. Seasonally it should adjust soon. #dividends #drybulk #capesize #2020bulkers
May 25, 2023, 10:18 a.m.
Today: 16,922 -204 MTD avg 19,173 YTD avg 11,954 '23 FFA 18K Typhoon Mawar developing in the Pacific, it could end up as a catalyst for an improved mkt next week... C5 showing resistance today and Owners able to push rates back up #dividends #drybulk #capesize #2020bulkers
May 23, 2023, 10:18 a.m.
Today: 19,777 -590 MTD avg 20,123 YTD avg 11,573 '23 FFA 18K Not the atmosphere we wanted to start the week off with, but we're getting used to the indecisiveness of the market these days. Tonnage list will define the next weeks. #dividends #drybulk #capesize #2020bulkers
May 15, 2023, 10:35 a.m.
Today: 20,367 -909 MTD avg 20,176 YTD avg 11,482 '23 FFA 19K Despite breaking the 20K barrier this week, we're left a bit nervous. However, spot indicators are good. ~13% annualized yield at this level, were not complaining #dividends #drybulk #capesize #2020bulkers
May 12, 2023, 12:22 p.m.
Today: 21,276 -538 MTD avg 20,149 YTD avg 11,382 '23 FFA 20K FFA sliding further tday, despite spot having many positive drivers. Wafr is strong, Brazil is in season and congestion is on the rise. IO+steel stocks have potential📈 #dividends #drybulk #capesize #2020bulkers
May 11, 2023, 10:40 a.m.
#2020bulkers today announced a cash distr. of $0.07 per #share for the month of Apr 2023. 34 consec div months. ~9% annualized #yield vs yday closing price NOK 103.8 #share Fleet avrg TCE Apr $24,400/day (BCI avrg $15,931) #dividends #drybulk #ironore #shipping #capesize
May 10, 2023, 6:48 a.m.
