SS&Y Capesize Indices Mixed

Friday, December 10, 1999
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 27 points to 4,428 in the week ending Dec. 6. "A flat week led to a dip of 27 points as the Queensland/Rotterdam route fell 40 cents while routes to Beilun strengthened," SS&Y reported. "Forecast for seaborne trade in steam and coking coal and iron ore look bullish for 2000. A slow first quarter will be turned around by the second quarter for an optimistic 2000 for owners," SS&Y added. SS&Y's Atlantic Capesize Index rose five points to 4,425 last week. "The index had a flat week rising just five points but average earnings for a standard Capesize vessel (161,000 dwt) across the four BCI routes, have risen by 65.7 percent to $16,204 daily from their second quarter low," SS&Y reported.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

USCG’s New Cutter Pulls into Boston

The U.S. Coast Guard’s (USCG) latest 418-foot National Security Cutter James (WSML 754) entered Boston Harbor August 3 ahead of her commissioning scheduled for August 8.

GE Gas Turbines to Power US Navy’s New Destroyers

The U.S. Navy’s new DDG 121 and DDG 122 Arleigh Burke-class destroyers will be powered by eight LM2500 marine gas turbines supplied by GE Marine, who also received

Strategic Marine: Stock Program Full Power Ahead

Strategic Marine confirmed its stock program of personnel transport vessels is market-ready.  “Our stock program currently incorporates two class leading designs

Bulk Carrier Trends

Diana Shipping Nets 2Q Loss

Diana Shipping Inc. today reported a net loss of $14.1 million and net loss attributed to common stockholders of $15.5 million for the second quarter of 2015, compared to net loss of $5.

DryShips Reaches Agreement with Ocean Rig

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its subsidiary, Ocean Rig UDW Inc.

Shanghai 6th Best Shipping Center Globally

Shanghai has moved up the rankings of the world’s top shipping centers to sixth place, surpassing Dubai thanks to Free Trade Zone regulations and the Belt and Road Initiative,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pipelines Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1276 sec (8 req/sec)