船运股SB和SBLK - SB在今天Dow300点的大跌下,其股价表现得非常坚挺。昨天,BDI跌10点,主要是受Capesize

船运股SB和SBLK - SB在今天Dow300点的大跌下,其股价表现得非常坚挺。昨天,BDI跌10点,主要是受Capesize的船只影响,Panamax的船运价昨天依然是上升的。目前Panamax船运价指数为1340点,离去年的最高点相差300多点。

 

今年下半年到明年上半年,除了贸易战的负面影响以外,加装环保设备会对船运价产生重大推升。以Panamax船为例,目前全球拥有的船只数量不到3000艘,大多数都要在年底前出水几个星期加装环保设备,另外一些旧船可能就要在年底被送到拆船场了,因为为它们加装环保设备可能也用不了几年,从投资的角度来看并不划算。这些拆掉的旧船加上目前依然非常低的新船订单会对明年以后的船运价提供有力的支撑。

 

目前,Diana Shipping所签的每天$13000的Panamax的船运合同价格水平,对SB而言足以支撑$0.21的每股年收益,在PE=10下,这个收益可以支撑$2.1的股价。目前,SB的基于船只市场价的每股净资产大概在$2.8以上。并且随着船运价的升高,船只的价格也会跟着上升,从而推高SB的每股资产价值。

 

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Panamax dry bulk vessels, the m/v Leto. The gross charter rate is US$13,000 per day, minus a 5% commission paid to third parties, for a period of minimum eleven (11) months to maximum thirteen (13) months. 

 

Today, Thursday, May 30 2019, the Baltic Dry Index decreased by 10 points, reaching 1097 points.

 

Today, Wednesday, May 29 2019, the Baltic Dry Index climbed by 25 points, reaching 1107 points.

 

Today, Tuesday, May 28 2019, the Baltic Dry Index climbed by 16 points, reaching 1082 points.

 

本文纯属自娱自乐，不构成任何投资建议。股市有风险，投资需谨慎，买卖文中所提及的股票所产生的盈利或亏损均应由投资者个人自负。Disclosure：我重仓SB,SB.PR.D,和SBLK。