Freight market chartpack 2016 Sample
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Transcript of 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
mailto:[email protected]
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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
0
200
400
600
800
1,000
1,200
1,400
1,600
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
mailto:[email protected]
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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%
0
5,000
10,000
15,000
20,000
25,000
30,000
0
200
400
600
800
1,000
1,200
1,400
Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16
($/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
mailto:[email protected]
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Baltic Dry Index
WDI(Weighted Dry Index) & BCPI(Bulk Commodity Price Index)
4 Source: Baltic Exchange, HJS
300
500
700
900
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
0
500
1,000
1,500
2,000
2,500
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
0
4000
8000
12000
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
5TC 12,000
0
5,000
10,000
15,000
20,000
25,000
30,000
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
mailto:[email protected]
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Capesize 5TC average
Capesize Fronthaul Route (Baltic C9)
7 Source: Baltic Exchange, HJS
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
($/day)
CAPE FH 2013 2014 2015 2016
0
10,000
20,000
30,000
40,000
50,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
CAPE 2013 2014 20152016 FFA17
($/day)
Contact : Daejin Lee / [email protected] / www.JinreSearch.com
mailto:[email protected]
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Capesize Trans Atlantic Route (Baltic C8)
Capesize Trans Pacific Route (Baltic C10)
8 Source: Baltic Exchange, HJS
0
10,000
20,000
30,000
40,000
50,000
60,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
($/day)
CAPE TA 2013 2014 2015 2016
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
($/day)
CAPE TP 2013 2014 2015 2016
Contact : Daejin Lee / [email protected] / www.JinreSearch.com
mailto:[email protected]
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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
0
3,000
6,000
9,000
12,000
15,000
May-14 Oct-14 Mar-15 Aug-15 Jan-16 Jun-16 Nov-16
$ per dayP4TC Cal17 Cal18
* 10 days moving average graph
Contact : Daejin Lee / [email protected] / www.JinreSearch.com
mailto:[email protected]
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Panamax 4TC average
Panamax Fronthaul Route (Baltic P2A)
10 Source: Baltic Exchange, HJS
0
5,000
10,000
15,000
20,000
25,000
30,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PMX FH 2013 2014 2015 2016($/day)
0
5,000
10,000
15,000
20,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PMX 2013 2014 20152016 FFA17
($/day)
Contact : Daejin Lee / [email protected] / www.JinreSearch.com
mailto:[email protected]
-
Panamax Trans Atlantic Route (P1A)
Panamax Trans Pacific Route (Baltic P3A)
11 Source: Baltic Exchange, HJS
0
5,000
10,000
15,000
20,000
25,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PMX TA 2013 2014 2015 2016($/day)
0
5,000
10,000
15,000
20,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
PMX TP 2013 2014 2015 2016($/day)
Contact : Daejin Lee / [email protected] / www.JinreSearch.com
mailto:[email protected]
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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
6TC 7,000
0
3,000
6,000
9,000
12,000
15,000
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
mailto:[email protected]
-
Supramax 6TC average
Supramax Fronthaul Route
13 Source: Baltic Exchange, HJS
0
5,000
10,000
15,000
20,000
25,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
SMX FH 2015 2013 2014 2015($/day)
0
5,000
10,000
15,000
20,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
SMX 2013 2014 20152016 FFA17
($/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
5,000
10,000
15,000
20,000
25,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
SMX TA 2013 2014 2015 2016($/day)
0
2,500
5,000
7,500
10,000
12,500
15,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
SMX TP 2013 2014 2015 2016($/day)
Contact : Daejin Lee / [email protected] / www.JinreSearch.com
mailto:[email protected]
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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
0
3,000
6,000
9,000
12,000
May-14 Oct-14 Mar-15 Aug-15 Jan-16 Jun-16 Nov-16
$ per dayH6TC Cal2016 Cal2017
* 10 days moving average graph
Contact : Daejin Lee / [email protected] / www.JinreSearch.com
mailto:[email protected]
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Handysize 6TC average
Handysize Fronthaul Route
16 Source: Baltic Exchange, HJS
0
5,000
10,000
15,000
20,000
25,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Handy FH 2015 2013 2014 2016($/day)
0
5,000
10,000
15,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Handy 2013 2014 20152016 FFA17
($/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
5,000
10,000
15,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Handy TA 2013 2014 2015 2016($/day)
0
2,500
5,000
7,500
10,000
12,500
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Handy TP 2013 2014 2015 2016($/day)
Contact : Daejin Lee / [email protected] / www.JinreSearch.com
mailto:[email protected]
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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