Shipping broker report 05/05/23

Them European and Asian broker types might not get it, but Happy Cinco de Mayo!

Seems like we’ve lost Seasure as a reliable broker fpr updates. This week I use Advanced Shipping & Trading again.

  • Spot rates for each bulker vessel category dipped below $10K daily mid-week. Then recovered.
  • Some bulker sales. The Kamsarmax, Ultramax and Handy sales, seem above average. The rest - about average
  • Tanker sales all seem above-average
  • New tanker orders: Wow! Huge order from Dynacom
  • The Gas orders seem to all be the other liquefied gas, or LPG (not LNG)

Separate from the broker report - looks like the tanker companies have started reporting Q1 2023 results. So far, STNG, INSW and DHT have reported.