Category Archives: Dry Bulk
Baltic Indices for Last Week
Here is how the various Baltic Exchange shipping indices fared for the week ending 7 August.
Baltic Dry Index (BDI): -17.3%
Baltic Capesize Index (BCI): -17.5%
Baltic Panamax Index (BPI): -18.3%
Baltic Supramax Index (BSI): -11.6%
Baltic Handysize Index (BHSI): -6.1%
Baltic Dirty Tanker (BDTI): +0.0%
Baltic Clean Tanker (BCTI): -0.7%
Here are the results of the corresponding stock indices, courtesy of Capital [...]
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Excel Maritive earnings report
http://www.excelmaritime.com/uploads/EXM_Press_2Q09.pdf
My regular laptop is in the shop for a tune-up and I am working with the slow a bulky laptop. In spite of this tremendous handicap, I will endeavor to put out some meaningful earnings report analysis over the next few days.
Excel Maritime Carriers EXM, and operator of 40+ drybulk vessels saw revenue and profits [...]
Dryships reports quarterly earnings
http://www.capitallink.com/ppress/ppressfile
Dryships, Inc. DRYS reported quarterly earnings a couple of days ago and this one-time high flyer continues to struggle with revenues and earnings. 2nd quarter earnings net of one-time items were 25¢ per share compared to $6.95 a year earlier. Total earnings fell to $52.8 million from just under $300 million. This is a 82% [...]
Baltic Indices for Last Week
Here is how the various Baltic Exchange shipping indices fared for the week ending 31 July.
Baltic Dry Index (BDI): +0.1%
Baltic Capesize Index (BCI): +4.2%
Baltic Panamax Index (BPI): -9.7%
Baltic Supramax Index (BSI): -0.4%
Baltic Handysize Index (BHSI): +0.9%
Baltic Dirty Tanker (BDTI): -1.3%
Baltic Clean Tanker (BCTI): +4.7%
Here are the results of the corresponding stock indices, courtesy of Capital [...]
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Baltic Indices for Last Week
Here is the weekly update on the previous week’s performance of the various Baltic Indices:
Baltic Dry Index (BDI): -5.6%
Baltic Capesize Index (BCI): -13.2%
Baltic Panamax Index (BPI): +6.0%
Baltic Supramax Index (BSI): +1.9%
Baltic Handysize Index (BHSI): +4.3%
Baltic Dirty Tanker (BDTI): -1.0%
Baltic Clean Tanker (BCTI): +3.5%
Here are the results of the corresponding stock indices, courtesy of Capital [...]
Also posted in Tanker 2 Comments
Some interesting news for long distance ore shippers
http://en.mercopress.com/2009/07/23/australias-conflict-with-china-favours-brazilian-iron-ore-sales
I found the article above that discusses the current conflict between China and Australia concerning iron ore negotiations is leading to increased business for the Brazilian companies. Iron ore carrying dry bulk ships from Australia to China have fallen from an average of 40 to just 10. In response, shipments from Brazil are at record [...]
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Quality of Dividends, Part VII
I need to finish this series off before it starts looking like the Super Bowl listings. Only 7 more stocks to cover so I should be able to get them done in a couple of posts. Here is the next bunch:
Star Bulk Carriers has been hard on dividend investors over the last year. After starting [...]
Baltic Indices for Last Week
Here is how the Baltic Indices fared last week and a couple of the new shipping stock indices:
Baltic Dry Index (BDI): +18.7%
Baltic Capesize Index (BCI): +23.0%
Baltic Panamax Index (BPI): +12.6%
Baltic Supramax Index (BSI): +12.9%
Baltic Handysize Index (BHSI): +6.2%
Baltic Dirty Tanker (BDTI): -7.5%
Baltic Clean Tanker (BCTI): -3.3%
Here are the results of the corresponding stock indices, courtesy [...]
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Quality of Dividends, Part VI
With earning season for the shipping stocks starting next week, I thought I should get through my review of dividend paying shipping stocks. So I will try to finish them up in the next few days.
Safe Bulkers Inc. SB has this on their website concerning the dividend policy:
We paid our first quarterly dividend as a [...]
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Navios Maritime Partners quarterly earnings