Market Report

Former Reports:

• 16th September, 2010
• 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

Container update 9th June, 2005

The chartering activity during May remained at a fairly moderate level. As mentioned in our previous reports this is mainly caused by the limited number of ships available until the remainder of the year. Unless Charterers are willing to fix forward deliveries in 2006 and more relet positions are entering the market we do not expect activity to increase considerably. We can state that all market segments are still enjoying firm rates, however Operators' willingness to go for long periods in the medium and occasionally in the smaller size seems to ease up a little bit for the moment.

Above 2000 TEU it was APL catching the market's attention by fixing not less than ten 3500 TEU ships at around usd 26,000 for periods of 8 years. Otherwise we should not fail to highlight the fixture of the Gdynia 2100 Type "Classica" which has been absorbed by CP Ships for a period of 4 years at a remarkable rate of USD 33,000. It is furthermore rumoured but not yet confirmed that Doehle has fixed three to five 2500 TEU vessels for 5 year periods at around USD 30,000.

In the medium size between 1300 and 1900 TEU the market seems to stagnate a little bit for the moment. As mentioned above most of the operators do not seem to be overly keen anymore to commit tonnage of that size for longer periods. Having said that the H Langeland still secured a 4 years period with insatiable SYMS at usd 26,000 which is in line with last done. Other ships like the Westerdeich have been fixed for a shorter period of about 12 mos at a rate of USD 32,250 which is slightly in excess of last done for such a period.

In the size around 1000 TEU rates are still slightly improving. The Merito for example secured a 4 years period with MSL at a very decent rate of USD 17,600. Furthermore the fixture of the 834 TEU Vega Topas for a 5 years period to Sinotrans at an impressive rate of USD 15,500 is noteworthy.

 
 
 

FIXTURES

Gearless

N/B T. Schulte tbn Maria Schulte ex Shanghai Shipyard	APL
42,183 dwt 3534 teu (2408 at 14ts) 500 reefers / 23,5kn on 122,0ts 8 yrs ww trade	26,250
N/B T. Schulte tbn Philippa Schulte ex Shanghai Shipyard	APL
42,183 dwt 3534 teu (2408 at 14ts) 500 reefers / 23,5kn on 122,0ts 8 yrs ww trade	26,250
N/B B. Schulte tbn Gerhard Schulte ex Shanghai Shipyard	APL
42,183 dwt 3534 teu (2408 at 14ts) 500 reefers / 23,5kn on 122,0ts 8 yrs ww trade	26,250
N/B B. Schulte tbn Gottfried Schulte ex Shanghai Shipyard	APL
42,183 dwt 3534 teu (2408 at 14ts) 500 reefers / 23,5kn on 122,0ts 8 yrs ww trade	26,250
N/B NSC Schiffahrt tbn Natal '07 ex Hanjin Heavy	APL
43,127 dwt 3388 teu (2542 at 14ts) 300 reefers / 22,5kn on 105,0ts 8 yrs ww trade	25,950
N/B NSC Schiffahrt tbn Nelson '07 ex Hanjin Heavy	APL
43,127 dwt 3388 teu (2542 at 14ts) 300 reefers / 22,5kn on 105,0ts 8 yrs ww trade	25,950
N/B NSC Schiffahrt tbn Noro '07 ex Hanjin Heavy	APL
43,127 dwt 3388 teu (2542 at 14ts) 300 reefers / 22,5kn on 105,0ts 8 yrs ww trade	25,950
N/B NSC Schiffahrt tbn Newark '07 ex Hanjin Heavy	APL
43,127 dwt 3388 teu (2542 at 14ts) 300 reefers / 22,5kn on 105,0ts 8 yrs ww trade	25,950
Friedrich Schulte '02	APL
40,995 dwt 3316 teu (2360 at 14ts) 400 reefers / 22,5kn on 105,0ts 8 yrs ww trade	26,250
Arnold Schulte ' 02	APL
40,995 dwt 3316 teu (2360 at 14ts) 400 reefers / 22,5kn on 105,0ts 8 yrs ww trade	26,250
Merkur Sky '97	CMA CGM
39927 dwt 2480 teu (2012 at 14ts) 150 reefers / 20,5kn on 72,0ts abt 66-72 mos ww trade	29,000
Marcartania '94	Dongnama
23,465 dwt 1684 teu (1191 at 14ts) 152 reefers / 19,0kn on 48,0ts 3 yrs feast trade	27,150
Rhoneborg '93	SYMS
20,380 dwt 1646 teu (1295 teu at 14ts) 298 reefers / 18,5kn on 47,0ts 4 yrs ww trade	26,400
ACX Marigold '91	HeungA
24,502 dwt 1461 (1200 at 14ts) 200 reefers / 20,0kn on 53,0ts 5 yrs feast trade	25,000
Tai Chuang '86	Sinotrans
18070 dwt 1034 teu (646 at 14ts) 45 reefers / 16,5kn on 30,0ts 12 mos feast trade	17,750
Glory D '78	Seacon
13,527 dwt 946 (645 at 14ts) 30 reefers / 15,5kn on 27,0ts 8 mos feast trade	14,000
Vega Topas '99	Sinotrans
11,400 dwt 834 teu (590 at 14ts) 90 reefers / 18,0kn on 33,0ts 5 yrs ww trade	15,500

Geared

Classica '98	CP Ships
30,241 dwt 2102 teu (1640 at 14) 300 reefers / 21,0kn on 74,0ts 4 yrs ww trade	33,000
HSH Ubin '89	ext Evergreen
34,380 dwt 2097 teu (1674 at 14ts) 100 reefers / 17,5kn on 44,5ts 5 yrs ww trade	22,750
HSH Kusu '89	ext Evergreen
34,380 dwt 2097 teu (1674 at 14ts) 100 reefers / 17,5kn on 44,5ts 5 yrs ww trade	22,750
8 x 1800 TEU CPO N/B'S ex Hyundai Mipo	APL
28,220 dwt 1819 teu (1300 at 14ts) 354 reefers / 22,0kn on 85,0ts 5 yrs ww trade	19,000
Sea Alfa '05	Cheng Lie
23,579 dwt 1720 teu (1289 at 14ts) 300 reefers / 20,5kn on 60,0ts 12 mos feast trade - relet fm heung a	34,000
Antje Schulte '97	opt Maersk Sealand
22,520 dwt 1608 teu (1086 at 14ts) 200 reefers / 21,0kn on 60,5ts 12 mos med trade	13,500
H Langeland '03	SYMS
20,700 dwt 1581 teu (1051 at 14ts) 288 reefers / 20,0kn on 49,0ts 4 yrs feast trade	26,000
Westerdeich '94	CP Ships
22,343 dwt 1572 teu (1100 at 14ts) 200 reefers / 20,0kn on 55,0ts 10-12 mos feast trade	32,250
Terra Lumina ' 93	PIL
22,281 dwt 1304 teu (1120 at 14ts) 100 reefers / 18,0kn on 41,0ts 24 mos fe/wafrica trade	28,500
Martraveller '84	APL
17,253 dwt 1128 teu (818 at 14ts) 75 reefers / 18,0kn on 34,5ts 3 yrs feast trade	18,750
Weisshorn '96	opt Maersk Sealand
14,643 dwt 1122 teu (758 at 14ts) 150 reefers / 19,0kn on 44,0ts opt 12 mos wmed trade	15,925
N/B NSC Schiffahrt tbn Turtle Bay '06	SYMS
13,760 dwt 1118 teu (700 at 14ts) 220 reefers / 19,5kn on 36,0ts 5 yrs ww trade	15,000
N/B NSC Schiffahrt tbn Tampa Bay '06	SYMS
13,760 dwt 1118 teu (700 at 14ts) 220 reefers / 19,5kn on 36,0ts 5 yrs ww trade	15,000
Merito '98	Maersk Sealand
14,470 dwt 1104 teu (765 at 14ts) 150 reefers / 19,0kn on 39,0ts 4 yrs ww trade	17,600
Stadt Luebeck '01	ext APL
16,794 dwt 1078 teu (854 at 14ts) 200 reefers / 19,5kn on 51,5ts 4 yrs fe/india trade	19,500
Budi Aman '89	Far Shipping
14,101 dwt 1034 teu (664 at 14ts) 60 reefers / 16,5kn on 28,0ts 3 yrs feast trade	17,000
Budi Teguh '90	Far Shipping
14,101 dwt 1034 teu (664 at 14ts) 60 reefers / 16,5kn on 28,0ts 3 yrs feast trade	17,000
Holandia '00	ext Costa Cont. Lines
9,161dwt 889 teu (530 at 14ts) 160 reefers / 18,5kn on 36,0ts 4 yrs caribs trade	15,500
OS Rize '99	ext Maersk Sealand
9389 dwt 875 teu (480 at 14ts) 128 reefers / 16,0kn on 23,0ts 36 mos med trade	14,000
OS Bodrum '98	ext Maersk Sealand
8861 dwt 812 teu (474 at 14ts) 128 reefers / 16,0kn on 25,0ts 36 mos med trade	14,000

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