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Excel Maritime Carriers, Ltd. Message Board

mystocks24 596 posts  |  Last Activity: 16 hours ago Member since: Jan 18, 2012
  • guess whos down lol?
    oldie GEs DRYS is down
    what do you expect from gs and ge?
    loaded like an idiot.
    even bk kems pump wlt is up and made me money

  • drys is kissing the ba ground

  • Reply to

    Shipper going to roll next two weeks

    by bobsmith0381 Mar 21, 2014 11:39 AM
    mystocks24 mystocks24 Mar 21, 2014 1:12 PM Flag

    when 2 Georges get tired sucwking and #$%$ we will start moving higher
    longs more than 125k drys

  • mystocks24 by mystocks24 Mar 21, 2014 10:59 AM Flag

    wooow, hopefully that's the old awzholwe G dumping her last pieces

  • lets see what will happen

  • and holding more shares than anyone else here

  • mystocks24 by mystocks24 Mar 21, 2014 10:20 AM Flag

    l paid $7.22 yesterday

  • mystocks24 by mystocks24 Mar 20, 2014 7:50 PM Flag

    since it's now open to new developments
    Hope you guys are enjoying vaso rally meantime

  • Let's have a rally tomorrow,
    I got the feeling and motivation for $$$$$$$$!

  • I first alerted vaso at 0.27/0.32 range when audio was pumping drys at $4.50
    And Kem was pumping wlt at $12.40
    Who did you follow ?

  • from 0.17 to 0.48 and still climbing

  • mystocks24 by mystocks24 Mar 20, 2014 6:11 PM Flag

    The dry bulk market has reached new year heighs, as a result of renewed Capesize demand. The Baltic Dry Index (BDI) ended yesterday's session up by a solid 51 points, now standing at 1,621 points which is a new high for the year. The main reason for this has been the booming Capesize market, with the Baltic Capesize Index (BCI) rising by an impressive 147 points on the day and reaching 3,129 points. By contrast, the recent Panamax lucklustre performance hasn't yet been remedied, while smaller ship classes have kept on their upward trajectory, but a rather slow pace.

    In its latest weekly report from shipbroker Fearnleys, commenting on the Capesize market noted that "rates have recovered somewhat after the paper sell off last Wednesday. West Australia to China rates have climbed back toward USD 11 PMT, and at the time of writing, rates in the mid USD 11´s are being rumoured fixed for mid April dates, which represents a healthy push. Saldanha Bay to China has similarly witnessed gains of about USD 1, whilst rates for Tubarao/China have held steady at around USD 27 PMT. Consistent volume across all basins should see rates hold up or increase in the coming weeks. The forward curve appears more balanced as the steep contango to spot has been narrowed. There has been notably less period activity this week. However, with Q3 FFA contracts pushing above the 28k market, it may not be long before we see the 2H of 2014 valued above 30k, bring more charterers (and owners) back to secure longer term cover", the shipbroker mentioned.

    On the Panamax front, Fearnleys added that "while last week came with strong activity in ECSA and rising activity in the Atlantic market, it all disappeared this week. Monday morning started slow with little fresh requirements and it continued that way. Now we see many spot vsls on the Continent having to drop anchor and wait for interesting business proposals. Same situation in the USG where spot ships compete for cargoes that would require one mo

  • mystocks24 by mystocks24 Mar 20, 2014 6:06 PM Flag

    Prospects for the Brazilian soybean harvest this season have deteriorated a touch, but the country will in next year produce the biggest crop of the oilseed ever, and lift exports nearly to 1m tonnes a week.

    The US Department of Agriculture bureau in Brasilia became the latest of a series of commentators to cut estimates for the ongoing Brazilian soybean harvest, citing dryness which had afflicted at last some areas from December to February.

    "Drought-reduced yields brought down the national productivity and production levels," the bureau said, citing southern states such as Mato Grosso do Sul and Paranα as particularly affected.

    The crop estimate was estimated at 88.0m tonnes, 500,000 tonnes below the official USDA forecast, although still a record, and above figures from many other commentators.

    Brazil's crop bureau, Conab, last week cut its forecast to 85.44m tonnes, with consultancy Celeres foreseeing an 84.94m-tonne harvest.

    'Land expansion'

    However, the bureau predicted a sharp rise in output next season, to 97m tonnes, a record for any soybean harvest anywhere, thanks to an increase in sowings of more than 2.3m hectares, and a boost to yields from improved seed.

    "Most analysts and farm groups believe that land expansion for 2014-15 soybean planting is a certainty," as farmers plough up pasture.

    Areas such as north eastern Mato Grosso, and the north east region of Mapitoba, an acronym of the first two letters of Maranhγo, Piauν, Tocantins and Bahia states, look ripe for expansion in soybeans.

    A harvest of this extent would come in line with the 3.55bn-bushel (96.6m-tonne) harvest that the USDA has forecast for the US this summer.

    Export surge

    However, the US will prove no match in soybeans exports on 2014-15, with its shipments, estimated at 1.6bn bushels (43.5m tonnes), short of the 50.0m tonnes that the bureau forecast for Brazil.

    It is also far more than the 42.3m tonnes of Brazilian soybean exports for the season that the USDA forecast in its l

  • is it gnk effect or something else?
    tomorrow should we expect a huge up day?

  • mystocks24 by mystocks24 Mar 20, 2014 12:32 AM Flag

    Us futures are also down big
    What can save us tomorrow ?

  • mystocks24 by mystocks24 Mar 19, 2014 8:35 PM Flag

    hope we don't crash tomorrow.

  • mystocks24 by mystocks24 Mar 19, 2014 8:25 PM Flag

    Japan is on a path to increase its carbon-dioxide emissions because it is shifting to coal imports from more expensive liquefied natural gas.

    Recent trade statistics suggest Japan’s LNG demand has peaked even though the country continues to go without any nuclear power plants in operation. Meanwhile, coal imports are moving higher.

    In February, Japan’s LNG imports fell 0.2% compared to the same month a year earlier, following a 0.6% slip in January, customs data released Wednesday showed. Imports of thermal coal used to generate electricity rose 4.8% in February year-on-year, following a 17% rise in January, according to the data.

    Japan’s CO2 emissions climbed to their second-highest level on record in the year ended in March 2013 because most nuclear plants were idle and fossil-fuel use grew. In the current fiscal year, those emissions are likely to rise again.

    Plans for power-industry deregulation have prompted several companies outside of the traditional group of electric-power companies to build new coal-fired power plants. Last week, Osaka Gas Co. said it would build a 149-megawatt coal-fired power station in Aichi Prefecture in central Japan.

    Nippon Steel Sumitomo Metal Corp.and Electric Power Development Co. in December set up a joint venture to build and operate a 640-megawatt coal-fired power plant in Ibaraki prefecture, northeast of Tokyo.

    Japan is studying whether to restart some of its 48 nuclear reactors. Many of the older ones are seen as unlikely to go back into service because it would cost too much to strengthen safety standards to the level now required in Japan after the 2011 Fukushima Daiichi accident.

  • While the outlook for China's traditional economic growth drivers such as heavy industry and real estate construction remains cloudy, the outlook facing the more consumer-focussed industries is relatively strong over the medium term. Overall, though, as the traditional sectors remain the dominant drivers of the economy, we remain below consensus in our real GDP growth outlook.

    After a decade-long cycle of high commodities prices partly boosted by stellar demand growth in China, the ongoing slowdown of the country's economy and rebalancing away from metal-intensive manufacturing and construction sectors raises questions over the future of China's commodities demand and import needs, with a possible negative knock-on effect on dry bulk imports in particular. We also caution that the inevitable bursting of the ongoing credit bubble could serve to undermine the profitability of the consumer-focussed industries. We expect the economy to expand by 6.7% in 2014, but caution that there are downside risks to this forecast.

    Headline Industry Data

    * 2014 Port of Shanghai tonnage throughput forecast to grow 6.1%, with container growth of 5.7% forecast for the year.
    * 2014 Port of Shenzhen container throughput forecast to grow 2.4%, with average growth of 2.3% during our forecast period.
    * 2014 real trade growth forecast at 7.23% - a considerable increase from 2012's estimated 2.51%.

    Key Industry Trends

    Ningbo's Intermodal Strategy Pays Off: Ningbo-Zhoushan's strategy to develop intermodal links with the developing manufacturing hubs in China's hinterland

  • Japan's crude steel output rose year-on-year for a sixth straight month in February and was set to hit a six-year peak in fiscal 2013, driven by higher demand for houses, cars and electrical home appliances ahead of a sales tax hike in April.

    Crude steel production, also buoyed by higher public works spending, rose 1.40 percent in February from a year earlier to 8.44 million tonnes, the Japan Iron and Steel Federation said on Wednesday.

    Solid demand for the alloy could underpin profits for Japanese steelmakers such as Nippon Steel & Sumitomo Metal Corp and JFE Holdings Inc.

    "(Growing) demand for automobiles and home appliances such as refrigerators, air conditioners, and laundry machines helped boost output of wide strips," said a researcher at the federation.

    "In addition, active construction of houses, warehouses and hospitals led to 21 consecutive months of rises in H-shape steel production."

    Crude steel output for the first 11 months of fiscal 2013 that ends on March 31 rose 4 percent to 101.77 million tonnes, supported by Prime Minister Shinzo Abe's push to revitalise Japan's economy with fiscal spending and monetary easing.

    The Ministry of Economy, Trade and Industry forecast in December that the nation's crude steel output in fiscal 2013 will climb to a six-year high of 111.88 million tonnes, up 4.3 percent from a year earlier.

    All eyes are now on the aftermath of the sales tax hike.

    Japan's top steelmaker Nippon Steel sees only a short-term impact on demand and no lasting damage from the tax hike as it will be offset by the government's stimulus measures, its incoming president said on Friday.

    The steel federation has predicted that crude steel output will weaken slightly in fiscal 2014 year-on-year due to the sales tax hike.
    Source: Reuters (Editing by Muralikumar Anantharaman

  • China's steel futures ended down in morning trade amid ongoing concerns about debt defaults among steel mills as well as the perennial problem of oversupply, but there are faint signs that the world's biggest steel market is about to improve.

    The most traded rebar contract on the Shanghai Futures Exchange ended down 0.22 percent at 3,242 yuan ($520) per tonne, but some traders, though generally pessimistic, said the market was showing signs of bottoming out and might see modest improvements in the next few weeks.

    "Everyone is still cautious but I think things are stable and don't think there is any more bad news that can make it worse," said a trader based in Beijing. "It will still be difficult this year, but I think demand is improving."

    However, domestic media reports suggesting that Shanxi Haixin Iron and Steel, the largest steel enterprise in Shanxi province, is unable to make payments on debts of 3 billion yuan caused more jitters in China's markets.

    Iron ore prices showed some signs of recovery on Tuesday, with benchmark 62-percent grade iron ore rising $0.9, or 0.8 percent, to reach $110.5 a tonne, according to data from the Steel Index.

    But Australia and New Zealand Bank said in a note that "buying activity is still skewed towards traders with interest from mills remaining shallow".

    Steel oversupply still preoccupies the domestic market, with latest estimates from the China Iron and Steel Association (CISA) indicating that daily output rose by 0.7 percent in early March, bringing runs to their highest level since mid-November, despite efforts by big mills to cut production.
    Editing by Prateek Chatterjee and Anand Basu
    According to the CISA-affiliated industry consultancy Custeel, stockpiles at major steel mills also increased 2.52 percent over the period, reaching 16.66 million tonnes by early March.

    CISA, in its monthly market report published late on Tuesday, said output had risen more quickly than expected over February, leadin

0.0110.000(0.00%)Feb 14 12:23 PMEST

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