Bulkers:
No vital signs from the dry bulk market as the BDI decreased further by 57 points since last Friday (818 today). Amidst the market negativity, we recorded 7 bulk carriers changing hands this week (1 panamax, 1 handymax, 4 handies and 1 singledecker), the majority sold to Far Easterners.
Demolition:
The prospects look favorable for Subcontinent as the rates have picked up at the mid $300 per/lt levels. China is remains weak as well as Turkey.
Lion Shipbroker Newbuilding and Second hand Market Report week 35- 04 September 2015
CLICK ON THE LINK BELOW TO READ THE FULL REPORT IN PDF FORMAT:http://www.seanews.com.tr/reports/lion_11_september_2015.pdf
No vital signs from the dry bulk market as the BDI decreased further by 57 points since last Friday (818 today). Amidst the market negativity, we recorded 7 bulk carriers changing hands this week (1 panamax, 1 handymax, 4 handies and 1 singledecker), the majority sold to Far Easterners.
Demolition:
The prospects look favorable for Subcontinent as the rates have picked up at the mid $300 per/lt levels. China is remains weak as well as Turkey.
Lion Shipbroker Newbuilding and Second hand Market Report week 35- 04 September 2015
CLICK ON THE LINK BELOW TO READ THE FULL REPORT IN PDF FORMAT:http://www.seanews.com.tr/reports/lion_11_september_2015.pdf