On the Great Lakes the autumnal gales, referred to as the 
"Witch of November", arrived a little early this year. In a late October storm, a weather buoy on Lake Superior recorded a wave height of 28.8 ft. / 8.8m; a bit nasty for the Lakes. In deference to all the wit...

Well, how should ship-owners receive this latest surge upwards in the Baltic indices? Should their spirits zoom? (From deep depression up to gloom?) If the days of "easy" ship financing are over for now, can newbuilding ideas be contained and keep rates up? Let's...

Photo: M. Carlson

HANDYSIZE:

For Week 41, the Baltic Handysize Index enjoyed a pop-up to fresh 2017 highs after the Golden Week pause.

Late 2013/Early 2014 was the last period that these levels were seen, either side of a high-700s peak in late 2013. Week 41's run-up migh...

A tale of the near future…..possibly.

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The ten-person crew had joined the convoy by pilot-less flying drone. Some of them still preferred pilot ladders.

At least with the ladders, they had the fleeting sensation of ho...

Photo: M. Carlson

HANDYSIZE:
Golden Week gave rise to some interesting formations in the Baltic Index charts for Week 40. The Handysize index took something of a rest, as can be seen on the candlestick chart. As mentioned for Week 39, we were hoping that Golden Wee...

HANDYSIZE:

The march of the handysize index continues, unlike its sister indices. Another clear gap up for the Week 39 candlestick chart below gives us a high not seen in almost three years. Will we see some consolidation soon? We hope so.

The MACD, still bullish, is not...