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Lion Shipbrokers Market Report 8 April 2016

As charter rates have improved, the light breeze of optimism created a buying frenzy with numerous transactions concluded and hundreds of pre-purchase inspections taking place. See full report

Lion Shipbrokers Market Report 8 April 2016

As charter rates have improved, the light breeze of optimism created a buying frenzy with numerous transactions concluded and hundreds of pre-purchase inspections taking place. See full report

Lion Shipbrokers Market Report 8 April 2016
08 April 2016 - 21:38

Bulkers: 
The BDI is slowly but steadily improving the past 3 weeks, it managed to break through the 500 barrier mid-week and today is standing at 539 points! As charter rates have improved, the light breeze of optimism created a buying frenzy with numerous transactions concluded and hundreds of pre-purchase inspections taking place.
Demolition: 
Without any legitimate reason, Sub-Continent scrap rates have firmed to levels of $285-$295 for larger bulkers and beyond the $300 ballpark for tankers & containerships.
Download PDF document from the link below to see all the movements: 

2016_04_08_lion.pdf



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