swaroop

Follows Maritime,Logistics,Trade,Economy, Business & Equity Markets

[swaroop @swaroop60699781]

@Iamsamirarora @heliosMF

[swaroop @swaroop60699781]

More +ve prospects for global #DryBulk sea trade as Citigroup increases forecast for China’s GDP growth to 5% citing stronger than expected policy support to deal with property sector liquidity crisis & a “clear cyclical bottom” for the economy. 

Source: https://t.co/Dm1jTHIgIp

[swaroop @swaroop60699781]

BDI @ 1,944 1-Yr high & +267% higher than 1-yr low of 530 in Feb23 due to + in Cape rates(+1,183% from Feb23 lows). Avg 5 T/C Cape Rates at $ 27,445/day, highest since May 22! Panamax, Supramax & Handysize rates also rebounds from July23 lows, but not as impressive as Capesize’s!

[swaroop @swaroop60699781]

Low rainy season benefitting iron ore sea trade, increase in China’s Manufacturing PMI & tight vessel supply main reasons for this strong upward trend!
#DryBulk

[swaroop @swaroop60699781]

Baltic index at 1780 hits over 11-month peak on capesize strength. Average daily earnings for capesize $22,996, panamax $14,905 https://t.co/B1EiioBLhV

[swaroop @swaroop60699781]

When China’s growth rate rises by 1%, growth in other countries increases by circa 0.3% as per recent IMF analysis. Global growth in 2023 is projected 2.9% against historical(2000-19) avg of 3.8%. 2023 estimates: Advanced economies 1.2%, emerging economies 4% & emerging Asia 5.3%

[BreakWave @DryBulkETF]

China’s dramatic reopening has clearly triggered an outbreak of bullishness across the board. However, the optimism has yet to bear any fruits in the spot market. #shipping #drybulk https://t.co/RPqH5cDjd7

[swaroop @swaroop60699781]

Drewry’s WCI composite index is 24% below the 10-year average of $2,693, indicating a return to more normal prices, but still 43% above 2019 rates of $1,420. Increased blank sailings in the coming weeks "due to reduced demand actuations as a result of the Lunar New Year holidays"

[Drewry @DrewryShipping]

Ocean liners have cancelled a total of 98 sailings amid soft market demand on the major transpacific, transatlantic and Asia-North Europe & Mediterranean trade routes between this week and week 10 (March 6-12), according to Drewry. https://t.co/BSJPHzcSfd

[swaroop @swaroop60699781]

S&P of ~1100(85mdwt) Tankers & Bulkers in 1st 3 Qrtrs of 2022! Q1 to Q3 wet ton trns +40%. Though dry -30%,Coal demand to drive Dry mkt. Overall remarkable figs likely to be long-lasting trend given global energy shortages & reconstruction when war ends. https://t.co/nrYQSSQH0c…

[swaroop @swaroop60699781]

@zerodha Ticket #20211124387631 also raised with Zerodha Helpdesk

[swaroop @swaroop60699781]

#ShippingTerm #Chartering

#ILOHC: In Lieu Of Hold Cleaning

Time Charter Parties often include this lumpsum charge to Charterer intended to cover for cleaning of debris & residue of cargo carried from
the holds at the time of redelivery of Ship from the Charterer to the Owner

[swaroop @swaroop60699781]

Global Seaborne Coal Trade Declined By 4% in the First Four Months of 2022 https://t.co/nOiSlWPS3K

[HELLENIC SHIPPING NEWS Worldwide @HELLENICSHIP]

Global #Seaborne #Coal #Trade Declined By 4% in the First Four Months of 2022 #drybulk #supplychain https://t.co/bKH7Mn5nmD

[swaroop @swaroop60699781]

Crypto tokens mkt val almost halves frm ~$2.5tn to ~$1.3tn in less than half Yr.Were naysayers right in calling crypto over-speculation! Or is this drop part of normal Mkt Cycle's rise & fall! What's fair value of crypto! But then does mkt ever chases fair val in any asset class!

[IMF @IMFNews]

Crypto’ $2.5 trillion market value shows the significance of innovations like blockchain—and reflects that it's overvalued. Our #IMFBlog explains how regulation can safeguard financial stability. https://t.co/ZIZ6ggxuIu

[swaroop @swaroop60699781]

With trillions of $ market cap & ever rising no. of people involved across the globe🌐, crypto-currencies/tokens can no longer be ignored as just fad. Or is it after all?! Wonder if there has ever been a technological disruption with such a profound impact on Monetary Economics!

[IMF @IMFNews]

The world needs standards to address risks from crypto and the @FinStbBoard should develop a global regulatory framework to help. Read more about the policies needed in the latest #IMFBlog https://t.co/ZIZ6ggxuIu

[swaroop @swaroop60699781]

@plattsshipping @vickeydu1 Interesting development! But as an aside, VLCC image would hv been more apt than that of containers for this tweet!

[swaroop @swaroop60699781]

@future_shipping the report being quoted is year old. pls recheck.

[Shipping Corporation of India (SCI) @shippingcorp]

Exhilarating & proud moment for India with @Mirabai_Chanu winning 🥈 in women's 49kg weightlifting🏋🏻‍♀️, the 1st medal for 🇮🇳 at #TokyoOlympics 🎉. Our heartfelt congratulations for this inspiring historic feat & a dream come true for billions of hearts!
#Cheer4India at #Tokyo2020

[swaroop @swaroop60699781]

Global trade rose 8% in April. Chinese & U.S. exports slumped while the EU’s rose. The April drop of 8.8% in Chinese exports is the first month-on-month decline in nearly a year; From Kiel Institute’s Trade gauge using AI to analyze real time shipping data https://t.co/KHpBu6h3bn

[swaroop @swaroop60699781]

@WSJmarkets Even high prices of chicken feed & feedstock for animals in general may be a significant factor contributing to high poultry prices. Agriculture produce prices are at 8 years high presently! Read more at:
https://t.co/stB9yGG8CC

[swaroop @swaroop60699781]

Global Crop prices at highest levels in more than 8 yrs as top commodities buyer China scoops up supplies. Meat producers, biofuel makers further rally demand as buyers shrug off high price. Dry weather in agriculture powerhouse Brazil fuels supply concern https://t.co/tlJyQdgoiq

[swaroop @swaroop60699781]

Global Crop prices at highest levels in more than 8 yrs as top commodities buyer China scoops up supplies. Meat producers, biofuel makers further rally demand as buyers shrug off high price. Dry weather in agriculture powerhouse Brazil fuels supply concern https://t.co/tlJyQdgoiq