Dry bulk: Weak; Tankers: Weak; Ship values: Wet: Softer; Dry: Softer

摘要

1. BDI at 26-month low in early February.rn2. Ongoing weakness in Capesize sector combined with bounce in Panamax 4TCs drags the Cape:Panamax earnings ratio to a new low of 0.41.rn3. Chinese iron ore imports reach all-time high of 69.0 Mt in January.rn4. BSI route S7 (EC India-China) climbs 35% in the past week.rn5. Further uncertainty created over future iron ore exports from India as authorities in Orissa and Chhattisgarh now consider restrictive measures.