Seanergy Maritime Holdings Corp. (SHIP)

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Dry Bulk FFA: Capesize Market Looking Promising Moving Forward
in Dry Bulk Market,International Shipping News 11/12/2017


Capesize FFA Commentary:
Another very promising day for the big ships as rates continued to firm in both oceans and the paper market ate into the backwardation. Buyers gobbled up the nearby contracts like a ravenous teenager with the entire curve seeing considerable gains. The December v January spread is still trading around $10,000 suggesting that should the physical hold up here that further rises could very well be on the cards.
Panamax FFA Commentary:
Active close to the week on Panamax paper with levels gradually improving throughout the day as the ATL continues to benefit from improved activity. As a result we saw Dec trading up to $13100 and Q1 printed $11400 high. We closed the week well supported just off the days highs.
Supramax FFA Commentary:
It was a flat range bound close to an active week on Supramax paper with the curve looking well supported at current levels.
Handysize FFA Commentary:
Quiet day on the handysize paper, no reported trades.
Full Report
Source: Freight Investor Services (FIS)