Seanergy Maritime Holdings Corp. (SHIP)

[Mightymin]

Dry Bulk FFA: Capesize Market Reaches New Highs
in Dry Bulk Market,International Shipping News 20/09/2017


Capesize FFA Commentary:
Capes reached new highs yesterday with October trading up to $21000 before finding a little selling resistance. Q4 similary touched a new high of $19k. Q4 v cal 18 was value $4500+ and cal 18 v 19 traded at $150.
Panamax FFA Commentary:
It was another slow cautious range bound days trading on Panamax paper with rates slipping off a touch in early trading before finding some support post index. All eyes remain fixed on the underlying now some fresh enquiry needed if we are not to see current support tested further.
Supramax FFA Commentary:
A very quiet day was witnessed on the Supramax paper as we really lacked activity down the curve. The bid side remained very thin with pressuring coming from the offer side of curve. Although index was nice and positive $206 10TC and $109 Derived 6TC, we still do not see the support come back. Have a good evening.
Handysize FFA Commentary:
Another quiet day on the handysize paper with limited interest.