In 2011 the first trading day, reflecting the international dry bulk shipping market BDI index continuation of last year 's decline to less than last year, closing at 80low pessimistic opened. New year the first week, BDI index is not from the holiday out of bad weather cold, boosting the excess capacity further fermentation, the market sentiment straight down. Thursday, the Baltic Dry Index closed at 1544 points, compared to the last date of issue1773 points from the index fell 229 points, or12.92%.
Panama ship market
This week Panama boat market xianyihouyang. Thursday the Baltic Panama boat price index closed at 1882 points, to close at the end of a point gained 37 points, or 2.01%.
New year the first week of the Panama boat market of hot and cold with each other now. The Atlantic market, in Europe snowstorm drive below, Panama boat market optimism opened2011, demand for coal transport to support the market remained stable, the pallet inquiry content below half weeks increases, the supply of slightly less, the Atlantic route to rent at $20000level or above. At the same time, Gulf pallet performance, attract many ships to Lanhuo, beautiful bay to the far east the pallet is enough, to support the market stability. New year the first week's Pacific market continued decline and late last year began to plummet. Australia lasted nearly a month of flood seriously hinder its coal export port, some even close, international coal prices rose again and again. Affected by this, the market of shipping large hoard, ship owner vacancy rate rise, suffered heavy losses. This week, Pacific Link daily rental rates still hovers around $8000level. Some of the market owner began to ship to the United States Gulf empty, Lanhuo, make the Atlantic market began to pressure. Transaction records show, this week, a company with only $8000 a day rent" Million Trader II" ( built in 2004,76466 carring capacity ton ) of Northern Pacific Link management. And hire turnover in the market outlook uncertain situation this week also began to decline. Thursday, Panama boat market of4time charter airline average rent rose, rose to 15000 U.S. dollars per level, with the last trading day level or 2.04%.
Capesize Market
New year the first week Capesize market in China under the influence of a road crash. Thursday the Baltic Capesize freight index closed at 1963 points, than at the end of last year, closing down 383points, or 16.33%.
Asian countries such as China, Chinese New Year is around the corner, steel procurement market more cautious, wait-and-see atmosphere. The price of imported iron ore is still high, and China's Major Coastal Port imported iron ore stocks this week has been as high as 79510000tons, iron ore seaborne market prospects. This week the Capesize market prices continued to decline. Although early in the week of excess capacity still, owner is reduced, but the market is relatively active. The second half of the week, with the Western Australian iron ore in December pallets gradually digest, and in January the pallet temporary shortage, the market is very quiet. This week the Atlantic market turnover of less, the owner for long-term rent of the ship not to clinch a deal, hire the home to wait for the BDI continued to fall also slowing transaction. This Thursday, Western Australia and Brazil Tubaran to Qingdao port iron ore freight routes were 7.54dollars / ton with 19.04 dollars / ton, the chain fell 6.34% and 7.52%. Thursday, Capesize4time charter airline average rent fell in the small boat rental rates, for $14100, compared with last year, the last trading day decline to reach29.5% level.
Handymax ship market
This Thursday, the Baltic super Handymax ship freight index ( BSI ) to close at 1352 points, than at the end of last year to close down 141points, or 9.44%. Handymax ship freight rate index ( BHSI ) to close at 774 points, than at the end of last year to close down 55points, or 6.03%.
The Atlantic market this week Zai Mei Bay pallets and coal transport demand prop up below, rental rates remain strong, but market sentiment has yet to recover from the holiday table. Australia flood to Pacific market of boat coal transport is blocked, especially super Handymax ship, Pacific routes daily rental rate dropped to below 10000 U.S. dollars. This Thursday, super Handymax ship6 routes of the average rent for 14100 U.S. dollars, Handymax ship6 routes of the average rent of $11300, compared with the last trading day down7.56% and0.81%.