Market Report

Former Reports:

• 29th July, 2010
• 2nd July, 2010
• 20th May, 2010
• 20th April, 2010
• 26th March, 2010
• 17th February, 2010
• 29th January, 2010
• 17th December, 2009
• 17th November, 2009
• 8th October, 2009
• 15th September, 2009
• 16th July, 2009
• 20th May, 2009
• 22nd April, 2009
• 20th March, 2009
• 20th February, 2009
• 23rd January, 2009
• 19th December, 2008
• 27th November, 2008
• 13th November, 2008
• 22nd October, 2008
• 26th September, 2008
• 15th September, 2008
• 26th August, 2008
• 6th August, 2008
• 17th July, 2008
• 2nd June, 2008
• 15th May, 2008
• 15th February, 2008
• 14th November, 2007
• 1st August, 2007
• 12th June, 2007
• 26th April, 2007
• 3rd March, 2007
• 12th January, 2007
• 19th October, 2006
• 24th August, 2006
• 13th July, 2006
• 8th June, 2006
• 10th May, 2006
• 4th April, 2006
• 28th February, 2006
• 18th January, 2006
• 15th December, 2005
• 17th November, 2005
• 18th October, 2005
• 13th September, 2005
• 15th August, 2005
• 11th July, 2005
• 9th June, 2005
• 9th May, 2005
• 5th April, 2005
• 22nd February, 2005
• 26th January, 2005
• 29th December, 2004
• 3rd December, 2004
• 15th November, 2004
• 27th October, 2004
• 29th September, 2004
• 2nd September, 2004
• 16th August, 2004
• 30th July, 2004
• 30th June, 2004
• 9th June, 2004
• 19th May, 2004
• 26th April, 2004
• 14th April, 2004
• 29th March, 2004
• 15th March, 2004
• 1st March, 2004
• 13th February, 2004
• 2nd February, 2004
• 16th January, 2004
• 18th December, 2003
• 4th December, 2003
• 17th November, 2003
• 27th October, 2003
• 26th September, 2003
• 3rd September, 2003
• Asiatic Wind´08

Container update 29th July, 2010

Since our last report, summer has arrived in terms of weather and also lower activity in the charter market. Despite the slowing down of activity, there has been no downward pressure on the charter rates and in many cases the rates continue to move upwards. The 3000-4000 teu sizes have been particularly active with 3500 teu rates breaking through the usd 17000 pdpr barrier for 12 months and at usd 20000 for 24 months. Part of the reason for this activity in the 3500 teu sizes is the lack of tonnage in the larger 4000 teu plus sizes.

The 1700 teu market remains quiet with one of the only fixtures reported recently was the 1600 teu Manuela reported at usd 8500 x 2-3 months to KMTC in Asia. Otherwise the newly purchased 1700 teu Wenchong design - Anthea - secured usd 8500 for period to the same charterers. 

The Atlantic market still remain quieter in all sizes and the rates reflect this. Charter rates for 2500 teu ships in the Atlantic are around usd 11000, some usd 1000 lower than Asia charter rates. The Caribbean market also remains quiet however this is primarily due to a lack of ships available.

Despite a quieter charter market, the SNP market continues to remain very active with Greek and Chinese owners being particularly aggressive on securing tonnage. Of particular note was the purchase of 5 x 2000/2001 built 3500 teu ships from CP Offen at the reported price of usd 36 million by clients of Metrostar.

 
 
 

FIXTURES

Gearless

Centaurus´10	CSAV
42250 dwat 3426 teu (2414 @ 14ts) 23kn on 105ts 24 mos	20000
Pisti´96	Safmarine
36950 dwat 2850 teu (2172 @ 14ts) 22,5kn on 108ts 12 mos	13250
Irene Remedy´06	HMM
39000 dwat 2826 teu (2020 @ 14ts) 24kn on 95ts 12 mos	12500
Angol´10	CSAV
35445 dwat 2797 teu (2150 @ 14ts) 21,3kn on 80ts 12 mos	13950
Passat Breeze´05	PIL
39300 dwat 2732 teu (2267 @ 14ts) 22,5kn on 85,5ts 12 mos	13750
Elbwolf´99	Hapag Lloyd
39232 dwat 2732 teu (2267 @ 14ts) 22kn on 85,5ts 12 mos	13000
Buxmelody´08	OOCL
38092 dwat 2702 teu (2070 @ 14ts) 21,7kn on 88ts 12 mos	12000
Pontremoli´06	CMA CGM
32190 dwat 2646 teu (2010 @ 14ts) 23kn on 93ts 12 mos	12150
Buxhill´95	MSC
23459 dwat 1678 teu (1191 @ 14ts) 18kn on 48ts 9 mos	7250
OOCL Authority´97	TSK
24336 dwat 1560 teu (1210 @ 14ts) 19,5 kn on 49ts 7 mos	7500
Crillon´97	???
24325 dwat 1560 teu (1210 e 14ts) 19,5kn on 49ts 12 mos	7250
Cape Nati´98	Wan Hai
22800 dwat 1504 teu (1180 @ 14ts) 21kn on 61ts 7 mos	7150
Michigan Trader´08	ZIM
18700 dwat 1296 teu (957 @ 14ts) 19,6kn on 45ts 9 mos	7650
Cape Frio´03	Wan Hai
16442 dwat 1200 teu (870 @ 14ts) 19kn on 41ts 8 mos	7250
Stefan Sibum´09	Unifeeder
13100 dwat 1036 teu (740 @ 14ts) 18,5kn on 36ts 6 mos	7800
Phoenix J´10	Containerships
13200 dwat 1036 teu (740 @ 14ts) 18,5kn on 36ts 12 mos	8125
JRS Pegasus´09	MCC
12307 dwat 877 teu (650 @ 14ts) 18kn on 37ts 12 mos	6950

Geared

Merkur Bay´02	CSAV
35770 dwat 2764 teu (2030 @ 14ts) 23kn on 99ts 12 mos	13950
Penelope´07	CSAV
38700 dwat 2714 teu (2200 @ 14ts) 22,2kn on 85,5ts 24 mos	14500
Westermoor´01	CSAV
35600 dwat 2672 teu (700 @ 14ts) 23kn on 99ts 24 mos	15300
Nordatlantic´03	CCNI
33825 dwat 2478 teu (1912@ 14ts) 22kn on 74ts 8 mos	10500
Torge S´03	Safmarine
33216 dwat 2450 teu (1896 @ 14ts) 22,5kn on 80ts 12 mos	12400
Bonavia´95	ICL
30743 dwat 2078 teu (1700 @ 14ts) 21,5kn on 74ts 12 mos	8200
Sagittarius´01	PIL
23051 dwat 1730 teu (1125 @ 14ts) 20kn on 50,5ts 6 mos	8150
Northern Delight´94	MSC
22246 dwat 1709 teu (1177 @ 14ts) 19kn on 43ts 12 mos	7300
Hansa Castella´98	Italia Maritima
21480 dwat 1645 teu (1180 @ 14ts) 19kn on 49ts 12 mos	7950
Weser Trader´95	Star Feeder
14718 dwat 1131 teu (762 @ 14ts) 20kn on 42ts 4 mos	6950
Teval´94	Melfi
20140 dwat 1388 teu (1010 @ 14ts) 18,6kn on 46ts 10 mos	7900
Vinalines Diamond´07	UASC
13760 dwat 1118 teu (700 @ 14ts) 19,6kn on 37ts 6 mos	6500
Vega Saturn´08	Seafreight
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 41ts 6 mos	6500
Iberian Express´08	MCC
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 41ts 7 mos	6700
Sylvette´95	STX Panocean
10740 dwat 844 teu (553 @ 14ts) 17,5kn on 29ts 3 mos	6200

This report reflects information given in good faith to the best of our knowledge, but without guarantee.