by Admin | 5 Jan 2017 |
We are extremely grateful to our Clients for their trust & support. We have shipped over 600 000 tons of cargoes in 2016. THANK YOU VERY MUCH! A thrilling new year has just commenced for ‘AESA Chartering’! Not only because we are going celebrate the 5th anniversary of the company, but also we will be moving our main office from French Alps to the French Atlantic coast, close to the ports of Nantes, Saint-Nazaire & Montoir. Also, we shall announce soon the establishment of our new chartering office in Istanbul, leaded by ‘Erdinc Bektas’ having 30 years of experience in fixing ships and a true expert of Black Sea & Mediterranean freight markets. Looking back to 2016, it is important to underline a few facts concerning the freight markets. Without exception, all Dry Indexes (Capes, Panamaxes, Supramaxes & Handies) rise from multiyear lows to multiyear highs. Capesize Index finished the year at slightly over 1 000, doubling its value compared to January 2016 (below 500). Between September & November spot rates were flirting with levels not seen since late 2014. Panamaxes followed a slow but steady upward trend for the entirety of 2016 that saw the final three months of the year bring freights to levels not seen since 2010. Supramax index peaked at 972 in Mid-December, the highest since two years and even rivalling Panamax rates. Handysizes had a year of unending improvement as the BHSI went from 200 levels to triple over the course of the year to surpass 600 by the end of it. The year ended with high sentiment due to the continued attractiveness for...
