- published: 29 Mar 2017
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11th Annual International Shipping Forum Dry Bulk Shipping Sector Panel Moderator: Mr. Herman Hildan, Research Analyst – Clarksons Platou Securities Panelists: Mr. Aristides Pittas, CEO - Euroseas (NASDAQ:ESEA) Mr. John Wobensmith, CEO - Genco Shipping & Trading (NYSE:GNK) Mr. Mats Berglund, CEO - Pacific Basin Shipping (HKG:2343) Mr. Polys Hajioannou, CEO - Safe Bulkers (NYSE:SB) Mr. Hugh Baker, CFO - Scorpio Bulkers (NYSE:SALT) Mr. Stamatis Tsantanis, CEO - Seanergy Maritime Holdings (NASDAQ:SHIP) Mr. Hamish Norton, President - Star Bulk Carriers (NASDAQ:SBLK)
Moderator: Peter Malpas, Director – Braemar ACM Shipbroking Panelists: Giovanni Ravano, Managing Director, Shipping and Logistic Division, Bunge Group Seb Landerretche, Global Head - Ocean Freight - Louis Dreyfus Commodities Suisse S.A. John Michael Radziwill, CEO - C Transport Maritime
Cramer's outlook on the sector
The growth of shipping flagged or owned in China means that 50.01 percent of all dry bulk shipping is now Asian, according to Intercargo's Benchmarking Bulk Carriers 2010-11. COSCO Shipyard Co., a subsidiary of the COSCO Shipyard Group Co., has delivered a bulk carrier of 57,00DWT, 'APJ Jai', to its Asian buyer. Dry bulk owner Thoresen Thai Agencies confirmed that a group of investors claiming to hold around 30 percent of the total shares in the company had requested that the company remove some of its executives and directors to be replaced by individuals of the group's choosing.
The Capesize, Panamax and Supramax segments have seen freight rates moving in tandem since the beginning of the year. Strong movement of grains, iron ore and steel were the chief driver of the market during the first quarter of the year, while participants expect the freight levels to largely maintain the gains made since the start of the year. In this video, Asia Pacific shipping & freight senior managing editor Pradeep Rajan, editor Andrew Khaw, associate editors Shriram Sivaramakrishan and Jamila Al Ibrahim discuss the current state of the global dry bulk freight market.
Capital Link Cyprus Shipping Forum A review of the global commodity, energy and shipping markets - Sector review, analysis & outlook Dry Cargo Market / Dry Bulk and Containers & Energy/Crude & Product Tankers; LNG/LPG: Mr. Ben Nolan, Director, Shipping Research - Stifel
There are visible signs of stability returning to the dry bulk market segment. Market observers say the dry bulk sector has inched up above the bottom levels seen in the recent times. Platts editors Pradeep Rajan, Avantika Ramesh, and Andrew Khaw look at the various classes of dry bulk ships, how they have performed so far this year, and the market expectations for the rest of 2016. Find out more at: http://plts.co/1q563043jxu
Dry-cargo rates should spring back strongly in the second half of 2014, Cleaves CEO says.
Superior Bulk Logistics, Inc. is a leading provider of innovative bulk truck transportation, rail-to-truck transloading, and logistics services for both food grade and chemical products, liquid and dry. Our Superior Carriers division is known for excellence in the transportation and transloading of hazardous and non-hazardous, liquid and dry bulk chemicals throughout the US, Canada, and Mexico. While our Carry Transit division provides transportation and transloading of liquid and dry bulk food grade, Kosher, and US pharmaceutical (USP) products.
Healthy demand has been giving the dry bulk sector a boost, but stringent regulations are the ones supporting market sentiment. One such regulation is the Ballast Water Management convention, which takes effect from September 8, 2017. In this video, senior managing editor Pradeep Rajan and associate editor Shriram Sivaramakrishnan examine how BWM is affecting the dry bulk market, and give an update on demolition levels as well as secondhand transactions that are also contributing to the market's rebalancing. *** Are we seeing green shoots in the market? Join our dry bulk freight webinar on Oct 27, 4:30 PM SGT. Register here: http://plts.co/5K3r305szzq
Moderator: Mr. Nicolay Dyvik, Head Shipping Equity Research - DNB Markets Panelists: Mr. Ioannis Zafirakis, Director, COO & Secretary - Diana Shipping (NYSE:DSX) Mr. Gary Vogel, CEO - Eagle Bulk Shipping (NASDAQ:EGLE) Mr. Loucas Barmparis, President - Safe Bulkers (NYSE:SB) Mr. Stamatis Tsantanis, President & CEO - Seanergy Maritime Holdings (NASDAQ:SHIP) Mr. Hugh Baker, CFO - Scorpio Bulkers (NYSE:SALT) Mr. Hamish Norton, President - Star Bulk Carriers (NASDAQ:SBLK)
Global Dry Bulk Shipping Market Report: 2016 Edition @ http://www.orbisresearch.com/reports/index/global-dry-bulk-shipping-market-report-2016-edition The global dry bulk shipping industry is an essential part of the international shipping sector, with ocean-going vessels representing the most efficient, and often the only method of transporting large volumes of basic commodities and finished products. The dry bulk shipping is defined as the transportation of homogenous bulk cargoes by bulk vessels on an irregular scheduled line. Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/65377 . Browse Complete Report @ http://www.orbisresearch.com/reports/index/global-dry-bulk-shipping-market-report-2016-edition .
- Khalid Hashim, Managing Director at Precious Shipping Public Co Ltd - C K Ong, President U-Ming Marine Transport Corporation - Daijiro Jito, Director (Ship Business & Finance Dept) at Celeste Holding Pte Ltd & Rune Steen President and CEO Masterbulk Pte Ltd Have a frank chat on the future of the dry bulk shipping sector. View the full roundtable video at http://www.shippingfinance-china.com/
Sector Introductory Presentation: Mr. Dalibor Gogic, Principal Analyst – IHS Maritime & Trade Moderator: Mr. Omar Nokta, Managing Director - Clarksons Platou Securities Panelists: Mr. Tasos Aslidis, CFO - Euroseas Ltd. (NASDAQ:ESEA) Mr. Polys Hajioannou, CEO - Safe Bulkers, Inc. (NYSE:SB) Mr. Robert Bugbee, President - Scorpio Bulkers (NYSE:SALT) Mr. Stamatis Tsantanis, CEO – Seanergy Maritime Holdings (NASDAQ: SHIP) Mr. Hamish Norton, President - Star Bulk Carriers Corp. (NASDAQ:SBLK)