Marcenta Chartering & Shipping Ltd

London-based independent shipbrokers.
Capesize · Dry Bulk · Breakbulk · Project Cargo
Where cargo meets the right vessel.
#ShipWithMarcenta

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Bulk carrier orderbook: 1,642 vessels vs 14,908 fleet (11%, up from 9.5%). Fleet growth on track for a 14-yr high. Newcastlemax orders nearly doubled to 178, Kamsarmax doubled to 98. Conviction pointing to 2028? #ShipWithMarcenta #DryBulk #Newcastlemax #Newbuilding

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Paradip Port (@paradipport) deepened draft to 18.5m, added 3 BOT deals for mechanised berths (+23M t/yr), plus a 10M t/yr captive iron ore berth for AM/NS. Bigger Panamax/Kamsarmax stems, faster turnaround. Into your India rotation plans? #ShipWithMarcenta #DryBulk #India

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Fujairah VLSFO +$50/t, Singapore VLSFO +$28/t on Sep 14 (East of Suez data via @engine_online), both near multi-month highs. Bunkers are the #2 cost after hire — shifting voyage economics on long routes. Locking in October stems now? #ShipWithMarcenta #DryBulk #VLSFO #Bunkers

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Fed's FOMC meets Sep 15-16, markets pricing 80-87% odds of a 25bp hike to 3.75-4.00%. Stronger dollar can pressure iron ore/coal prices, raises ship finance costs on newbuilding debt. Freight reacts to cargo first, but financing shifts Wednesday. #ShipWithMarcenta #DryBulk

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Newcastle coal +20% since June to $150/t. Rotterdam +30% to $141/t (3.5-yr high). Indonesia exports -24.4% YoY on export controls, Australia's China-bound coal up 40%+. Longer hauls = more tonne-miles for Panamax/Supramax. #ShipWithMarcenta #DryBulk #CoalTrade

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Panama Canal transit cap drops from 34/day to 32/day tomorrow (Sep 15). Panamax slots fall from 25 to 23. Booking now limited to 1 slot/customer/day, Last-Minute Transit suspended, transit time stretches to 48h. Adjusting your October bookings? #ShipWithMarcenta #DryBulk #Panamax

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

BDI peaked at 3,620 on Sep 9. Three straight red sessions since: -2.7%, -0.4%, now at 3,507 (-3.3% on the week). Capesize C5TC down from $6,400/day to $6,080/day. Pause after the rally, or turning point? #ShipWithMarcenta #DryBulk #Capesize

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

China PMI: 49.8% in Aug, up 0.6pt but still below 50 (2nd month). Sub-indices back above 50 though. Capesize doesn't care: BCI above 6,200, C5TC near $53.5k/day. Which signal are you weighting for Q4? #ShipWithMarcenta #DryBulk #China

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Typhoon Saudel closed Ningbo (78h), Shanghai YS/WGQ (54/48h), Shantou (27h), Xiamen (twice), Kaohsiung (19h) this past week.

As of Sep 8, Shanghai WGQ2/WGQ5 waits exceed 9 days.

Fixed there? Laycan timing just got harder.

#ShipWithMarcenta #DryBulk #PortCongestion

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Capesize newbuilding orders hit 123 in 2026, already above full-year 2024 (103) and 2025 (115) totals. ~117 from Chinese yards.

Happening while BCI sits at 6,286, C5TC ~$53.5k/day.

Owners betting on a multi-year cycle. Your read?

#ShipWithMarcenta #DryBulk #Capesize

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Panama Canal postpones the planned Oct 1 draft cut at the Neopanamax Locks (14.63m stays, was set to drop to 14.48m).

A few inches of draft can be the difference between a full Panamax stem and a top-off call. Revisit your Oct calcs.

#ShipWithMarcenta #DryBulk #Panamax

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Russian wheat loadings from the 4 main Black Sea terminals are down ~60% (5 wks to Aug 28 vs 2025). Exporters shift to rail + Baltic ports, but Baltic capacity (~7M t/yr) can't fully absorb it.

Handysize/Supramax owners, check Sep/Oct positions.

#ShipWithMarcenta #DryBulk

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Capesize C5TC hit $54,791/day on Sep 4, the highest since Oct 2021.

Brazil iron ore +20% WoW, Guinea bauxite +55% YoY, unfixed Capes ballasting to South Atlantic down ~50% YoY.

Forward FFAs near $50k/day into Oct. Not a one-week spike.

#ShipWithMarcenta #DryBulk #Capesize

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Panamax bright spot: US-China soybean trade is picking back up.

China committed to 12M tons of US soybeans by Feb 2026, 25M tons/yr through 2028. Booked 13 more cargoes in early Aug.

Seeing more Gulf grain enquiries this month?

#ShipWithMarcenta #DryBulk #Panamax

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Pacific typhoon season is testing off-hire clauses.

Hire keeps running unless the vessel goes off-hire (breakdown, crew deficiency, drydocking, sometimes weather). Wording decides if a typhoon delay counts.

Whose side does yours protect?

#ShipWithMarcenta #DryBulk #OffHire

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

BDI pulled back to 3,157 yesterday. Didn't last.

Sept 2: index jumped 174 points to 3,331, one of the sharpest single-day gains in months. Capesize rally back on track into Q4.

Still deciding on a rate? This move closes fixing windows fast.

#ShipWithMarcenta #DryBulk #Capesize

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Panama Canal transits cut again: 36→34 today, →32 from Sep 15. Expect more NOR/laytime disputes at anchorage.

NOR usually starts the laytime clock. Wrong terms (WIBON/WIPON/WIFPON/WCCON) can cost days.

Trickiest NOR clause you've negotiated?

#ShipWithMarcenta #DryBulk #NOR

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

BDI holding near 3,157 (+~10% in a week) as Panama Canal transits cut 36→34 (Sep 3), then →32 (Sep 15) on drought.

Genuinely firm Q4 for dry bulk, or scarcity doing the work, not demand?

Owners/charterers/brokers — your read?

#ShipWithMarcenta #DryBulk #Q4Outlook

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Panama Canal tightens further this week: Neopanamax draft drops to 14.63m (Sept 2), daily transits cut 36→34 (Sept 4), then →32 (Sept 15) — El Niño drought, rainfall down 34% since May.

Expect longer queues for Panamax transits.

#ShipWithMarcenta #DryBulk #PanamaCanal

[Marcenta Chartering & Shipping Ltd @MarcentaShip]

Shipbroker Lesson: Laycan.

Laycan = window (start to cancelling date) a vessel must be ready to load.

Arrive early? Charterer needn't accept early NOR. Miss the cancelling date? Charterer can typically cancel the fixture — no fault needed.

#ShipWithMarcenta #DryBulk