Freight market chartpack 2016 Sample

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Freight Market Dec 2016 This report has been produced for general information. Whilst care has been taken in the production of this report, no liability or responsibility can be accepted for any loss incurred in any way whatsoever by any person who may seek to rely on the information contained herein. Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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Transcript of Freight market chartpack 2016 Sample

  • Freight Market

    Dec 2016

    This report has been produced for general information. Whilst care has been taken in the

    production of this report, no liability or responsibility can be accepted for any loss incurred in any

    way whatsoever by any person who may seek to rely on the information contained herein.

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

    mailto:[email protected]

  • Baltic Dry Index & Forward Freight Agreement

    2

    Spot Market Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    C5TC 11,576 14,706 9,665 34% 7388 9%

    P4TC 6,596 9,319 10,298 41% 5562 0%

    S6TC 7,214 8,170 9,869 13% 6236 10%

    H6TC 6,096 6,656 8,212 9% 5214 3%

    Dry Bulk Earning Av. 7,870 9,713 9,511 2% 6100 6%

    FFA Market Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    BDI 867 1072 1050 2% 673 6%

    Cal 2016 639 662 674 2% 602 31%

    Cal 2017 719 763 791 4% 697 26%

    Cal 2018 819 834 858 3% 803 22%

    Cal 2019 896 901 920 2% 882 19%

    Source: Baltic Exchange, HJS

    BDI 1100

    Cal17 800Cal18 900

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    May-14 Oct-14 Mar-15 Aug-15 Jan-16 Jun-16 Nov-16

    PtBDI Cal17 Cal18 Cal19

    * 10 days moving average graph

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Weighted Dry Index

    3 Source: Baltic Exchange, HJS

    Weighted Earning Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    Trans Pacific 7603 8225 6920 16% 5548 3%

    Trans Atlantic 8082 12115 12749 5% 6605 2%

    Fronthaul 11785 14737 14959 2% 9989 %

    Backhaul 4376 5153 5065 % 2603 20%

    Weighted Dry Index 804 947 959 1% 637 4%

    BCPI(commodity price) 986 1087 1115 3% 866 3%

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    ($/day)(Pt.) Weighted Dry Index (left) BDI

    Pacific Earning Atlantic Earning

    Earning by size Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    Capesize 11696 14761 9547 35% 7410 0%

    Panamax 6704 9048 9548 6% 5468 1%

    Supramax 6710 7195 8437 17% 5817 11%

    Handysize 6117 6534 7882 21% 5150 3%

    Total Av. 7870 9713 8693 1% 5776 4%

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Baltic Dry Index

    WDI(Weighted Dry Index) & BCPI(Bulk Commodity Price Index)

    4 Source: Baltic Exchange, HJS

    300

    500

    700

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    1,100

    1,300

    Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16

    (Pt)Weighted Dry Index Bulk Commodity Price Index

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    (pts)

    BDI 2013 2014 20152016 FFA17

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Earning Spread by Basin (Atlantic Pacific)

    Earning Spread by Size (Cape/PMX, PMX/SMX, SMX/HSZ)

    5 Source: Baltic Exchange, HJS

    -8000

    -4000

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    1-13 7-13 1-14 7-14 1-15 7-15 1-16 7-16

    CAPE

    PMX

    SMX

    0.0

    1.0

    2.0

    3.0

    Jan-13 Jul-13 Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16

    Cape/PMX

    PMX/SMX

    SMX/HANDY

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Capesize C5TC & Forward Freight Agreement

    6

    Spot Market Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    Trans Pacific 11174 13715 8880 35% 6964 1%

    Trans Atlantic 12191 18138 11683 36% 7396 0%

    Fronthaul 18445 23344 15725 33% 13689 12%

    Backhaul 6260 7288 3956 46% 1176 N/A

    C5TC Average 11576 14706 9665 34% 7222 9%

    FFA Market Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    4Q 2016 10895 12587 12151 3% 10192 22%

    1Q 2017 5674 6680 6728 7% 5500 27%

    2Q 2017 7115 7534 7355 2% 7415 11%

    Current Year 7102 7522 7414 1% 6752 27%

    Next Year 8652 9215 9069 2% 8514 23%

    Source: Baltic Exchange, HJS

    [email protected],000

    5TC 12,000

    [email protected],000

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    May-14 Oct-14 Mar-15 Aug-15 Jan-16 Jun-16 Nov-16

    $ per dayC5TC Cal17 Cal18

    * 10 days moving average graph

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Capesize 5TC average

    Capesize Fronthaul Route (Baltic C9)

    7 Source: Baltic Exchange, HJS

    0

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    ($/day)

    CAPE FH 2013 2014 2015 2016

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    CAPE 2013 2014 20152016 FFA17

    ($/day)

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Capesize Trans Atlantic Route (Baltic C8)

    Capesize Trans Pacific Route (Baltic C10)

    8 Source: Baltic Exchange, HJS

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    CAPE TA 2013 2014 2015 2016

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    ($/day)

    CAPE TP 2013 2014 2015 2016

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Panamax P4TC & Forward Freight Agreement

    9

    Spot Market Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    Trans Pacific 6794 7809 7412 5 5171 2%

    Trans Atlantic 6837 12496 14218 14% 6145 3%

    Fronthaul 11489 14335 15677 9% 9815 8

    Backhaul 1263 2635 3885 47% 1118 105%

    P4TC Average 6596 9319 10298 11% 5562 0%

    FFA Market Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    4Q 2016 6600 7782 8896 14% 6265 10%

    1Q 2017 4980 6020 6854 14% 5102 12%

    2Q 2017 6102 6644 6949 5% 6235 8%

    Current Year 5078 5374 5649 5% 4925 20%

    Next Year 5983 6488 6937 7% 5766 17%

    Source: Baltic Exchange, HJS

    [email protected] 6500

    4TC 5500

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    $ per dayP4TC Cal17 Cal18

    * 10 days moving average graph

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

    mailto:[email protected]

  • Panamax 4TC average

    Panamax Fronthaul Route (Baltic P2A)

    10 Source: Baltic Exchange, HJS

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    PMX FH 2013 2014 2015 2016($/day)

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    PMX 2013 2014 20152016 FFA17

    ($/day)

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Panamax Trans Atlantic Route (P1A)

    Panamax Trans Pacific Route (Baltic P3A)

    11 Source: Baltic Exchange, HJS

    0

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    PMX TA 2013 2014 2015 2016($/day)

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    PMX TP 2013 2014 2015 2016($/day)

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Supramax S6TC & Forward Freight Agreement

    12

    Spot Market Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    Trans Pacific 6192 5648 5683 1% 5190 14%

    Trans Atlantic 7360 10243 14375 40% 6895 6%

    Fronthaul 10854 12601 15396 22% 9586 1%

    Backhaul 4450 4189 4021 4% 3271 32%

    S6TC Average 7214 8170 9869 21% 6236 10%

    FFA Market Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    4Q 2016 7294 7736 8380 8% 6516 17%

    1Q 2017 5256 6039 6753 12% 5245 16%

    2Q 2017 6362 6581 6798 3% 6278 10%

    Current Year 5986 6054 6163 2% 5529 25%

    Next Year 6244 6531 6811 4% 5904 19%

    Source: Baltic Exchange, HJS

    [email protected],000

    6TC 7,000

    [email protected],000

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    May-14 Oct-14 Mar-15 Aug-15 Jan-16 Jun-16 Nov-16

    $ per dayS6TC Cal2017 Cal2018

    * 10 days moving average graph

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Supramax 6TC average

    Supramax Fronthaul Route

    13 Source: Baltic Exchange, HJS

    0

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    SMX FH 2015 2013 2014 2015($/day)

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    SMX 2013 2014 20152016 FFA17

    ($/day)

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

    mailto:[email protected]

  • Supramax Trans Atlantic Route

    Supramax Trans Pacific Route

    14 Source: Baltic Exchange, HJS

    0

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    SMX TA 2013 2014 2015 2016($/day)

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    SMX TP 2013 2014 2015 2016($/day)

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Handysize H6TC & Forward Freight Agreement

    15

    Spot Market Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    Trans Pacific 6252 5728 5704 0% 4735 2%

    Trans Atlantic 5940 7584 10719 41% 5692 4%

    Am-Conti 6350 8668 13039 50% 6728 15%

    Conti-Am 5529 6499 8400 29% 4656 18%

    H6TC Average 6096 6656 8212 23% 5214 3%

    FFA Market Oct 2016 Nov 2016 Dec 2016 Monthly % YTD Yearly %

    4Q 2016 6017 6221 6816 10% 6516 14%

    1Q 2017 4850 5127 6997 17% 5245 6%

    2Q 2017 5244 5447 5824 7% 6278 10%

    Current Year 5001 5052 5200 3% 5529 20%

    Next Year 5186 5442 5871 8% 5904 18%

    Source: Baltic Exchange, HJS

    Cal17 5,200

    H6TC 6000Cal18 5800

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    $ per dayH6TC Cal2016 Cal2017

    * 10 days moving average graph

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • Handysize 6TC average

    Handysize Fronthaul Route

    16 Source: Baltic Exchange, HJS

    0

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    Handy FH 2015 2013 2014 2016($/day)

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    Handy 2013 2014 20152016 FFA17

    ($/day)

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

    mailto:[email protected]

  • Handy Trans Atlantic Route

    Handy Trans Pacific Route

    17 Source: Baltic Exchange, HJS

    0

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    Handy TA 2013 2014 2015 2016($/day)

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    Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

    Handy TP 2013 2014 2015 2016($/day)

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

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  • 18

    Thank you

    Previous Reports : includes freight forecasts

    (1) Bulk Supply : The Seeds of Recovery

    (2) Tanker Supply : Oil Prices and Oversupply)

    (3) Coal Trade Market : The end of the coal era, soon or yet?

    (4) Iron Ore Trade Market : Chinese steel market

    (5) Understanding Bulk Shipping Market

    (6) Shippnig Market Chartpack

    (7) Shipping Supply Chartpack

    We invite any comments and/or questions you may have. If you need bespoke reports & analysis, we would love to meet specific client needs. To discuss any individual requirements please contact below

    Daejin Lee / Commodity Research / Shipping / FFA

    Mob: +82-10-3462-5311

    Email: [email protected]

    This report has been produced for general information. Whilst care has been taken in the production of this report, no liability or responsibility can be accepted for any loss incurred in any way whatsoever by any person who may seek to rely on the information contained herein. The information in this report may not be reproduced without the written permission.

    . , , , .

    Contact : Daejin Lee / [email protected] / www.JinreSearch.com

    mailto:[email protected]:[email protected]