Tue, Sep 16, 2014, 5:36 AM EDT - U.S. Markets open in 3 hrs 54 mins


% | $
Quotes you view appear here for quick access.

Star Bulk Carriers Corp. Message Board

  • keebonthekontrarian keebonthekontrarian Jul 27, 2012 7:52 PM Flag

    Wells Fargo on dry bulk

    July 24 --
    Dry Bulk: Rates Continue To Soften Despite Solid Iron Ore Demand.
    While Chinese iron ore fixtures increased by 5% w/w to their highest level since
    March, Capesize spot rates fell by 10% w/w to $5,300/day as the oversupply of
    tonnage was able to absorb the uptick in demand. Panamax and Supramax spot
    rates fell by 4% and 7% w/w to $9,200/day and $12,500/day, respectively, even
    as South American grain fixtures increased by 4x and Indonesian coal fixtures
    increased by 18% w/w. We continue to expect the oversupply of tonnage keep
    dry bulk rates under pressure over the near-to-intermediate-term, with the high
    probability of near-term restructurings potentially keeping equities under

13.75-0.55(-3.85%)Sep 15 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Avanir Pharmaceuticals, Inc.
NasdaqGSMon, Sep 15, 2014 4:00 PM EDT
21Vianet Group, Inc.
NasdaqGSMon, Sep 15, 2014 4:00 PM EDT