Harper Petersen & Co – Ship brokers since 1943
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Market Report

Container update 13th September, 2005
The charter market activity continued at a very moderate level over the last month and thus we are still waiting for market activity to effectively pick up. Although we have seen an increase in forward fixtures for larger sizes, the apparent demand for "prompter" ships that are still available within 2005 remains sofar at a fairly low level for all sizes of ships. Charterrates as well as timecharter periods are continuing to move sidewards for the time being, however it is yet to be seen whether this might eventually change in the next couple of weeks.

Above 2000 TEU it was again CMA CGM showing most appetite in ships by taking three panamaxes with delivery 2006 respecitvely 2008 for a remarkable rate of USD 30,500 for 12 years periods, however it is expected that this deal includes purchase options for CMA thus explaining the comparably high rates. ZIM, after failing the ships twice, finally decided to take the two HDW built Patmos and Pacific Senator for a period of abt 3,5 years at a decent rate of USD 30,500. As already mentioned prompter ships like the Ems Trader are however sometimes forced to fix an intermediate employment in order to buy some time before hopefully securing a longer period.

In the medium segment between 1300 and 1900 TEU no changes are notable. Owners are obviously still facing some difficulties to fix longer periods and are thus still agreeing shorter periods at rates in the mid/high usd 20's like the Dorian that extended for one roundvoyage with Samudera at around USD 26,000. Otherwise the same comments as for the larger prompter ships do also apply for the medium size tonnage.

Around 1000 TEU activity also remained at a fairly low level. We should not fail to emphasize that more and more relets for smaller sizes are entering the market, particularly for shorter periods. Rates seem to stabilize at levels more or less in line with last done.


 
 
 

FIXTURES

Gearless

N/B Danaos 4300 TEU 1 '07 Yang Ming Line
50,800 dwt 4311 teu
12 yrs ww trade
 26,000
   
N/B Danaos 4300 TEU 2 '07 Yang Ming Line
50,800 dwt 4311 teu
12 yrs ww trade
 26,000
   
N/B Conti ex Zhejiang 4250 TEU '08 CMA CGM
50,500 dwt 4250 teu
400 reefers / 24,5kn on 133,0ts
12 yrs ww trade
 30,500
   
N/B Conti tbn Lontue '06 CMA CGM
51,870 dwt 4043 teu (2881 at 14ts)
700 reefers / 24,2kn on 145,0ts
12 yrs ww trade
 30,500
   
N/B Conti tbn Laja '06 CMA CGM
51,870 dwt 4043 teu (2881 at 14ts)
700 reefers / 24,2kn on 145,0ts
12 yrs ww trade
 30,500
   
Pacific Senator '92 ZIM
45,696 dwt 2680 teu (2415 at 14ts)
150 reefers / 19,0kn on 60,0ts
40 mos ww trade
 30,500
   
Patmos Senator '92 ZIM
45,696 dwt 2680 teu (2415 at 14ts)
150 reefers / 19,0kn on 60,0ts
40 mos ww trade
 30,500
   
Jolly ' 92 Dongnama
25,904 dwt 2098 teu (1700 at 14ts)
77 reefers / 18,0kn on 47,0ts
opt 12 mos feast trade (owns option)
 23,700
   
Wan Hai 262 '01 NYK
23,643 dwt 1662 teu (1240 at 14ts)
240 reefers / 21,0kn on 58,0ts
1 feast / sth america r/v abt 70 days
 31,000
   
Kuo Chia '98 Samudera
18,595 dwt 1471 teu (1140 at 14ts)
84 reefers / 18,0 kn on 37,0ts
15 mos feast trade
 23,500
   
Andalusian Express '95 Samudera
18,585 dwt 1471 teu (1100 at 14ts)
42 reefers / 18,0kn on 32,0ts
2 mos feast trade - relet fm cheng lie
 21,500
   
N/B Deneb J '06 Borchard
10,700 dwt 972 teu (559 at 14ts)
170 reefers / 17,5kn on 34,0ts
36 mos nth europe trade
 12,750
   


Geared

Ems Trader '00 US Lines
34,000 dwt 2442 teu (1884 at 14ts)
400 reefers / 21,8kn on 75,0ts
2 mos fe/uswc trade
 32,500
   
MSC Perth tbr Cape Race '93 Hapag Lloyd
35,071 dwt 2259 teu (1920 at 14ts)
300 reefers / 20,0kn on 67,5ts
12 mos ww trade
 31,500
   
Thorsriver '89 Pendulum Express Line
34,380 dwt 2097 teu (1674 at 14ts)
100 reefers / 17,5kn on 44,5ts
36 mos feast trade (relet fm Evergreen)
 28,750
   
Thorstream '89 CMA CGM
34,380 dwt 2097 teu (1674 at 14ts)
100 reefers / 17,5kn on 44,5ts
30-40 days fe/med trade
 24,000
   
Northern Harmony '94 MSC
20,252 dwt 1709 teu (1177 at 14ts)
72 reefers / 19,0kn on 43,0ts
abt 3,5 mos ww trade - relet fm HH-Sued
 24,500
   
Dorian '94 Samudera
22,160 dwt 1684 teu (1100 at 14ts)
160 reefers / 19,5kn on 47,0ts
ext 1 fe/ioc r/v abt 21 days
 26,000
   
La Paloma ' 93 CMA CGM
21,648 dwt 1667 teu (1080 at 14ts)
150 reefers / 20,0kn on 52,0 ts
abt 4-5 mos ww trade
 25,000
   
DD Success '82 Asiatic Shipping Services
25,160 dwt 1320 teu (1050 at 14ts)
72 reefers /16,0kn on 32,0ts
15 mos feast/ioc trade
 15,500
   
Thor Confidence ' 83 (noncellular / mpps) FU HAI
24,900 dwt 1316 teu (1030 at 14ts)
32 reefers / 13,0kn on 26,0ts
12 mos feast trade
 17,500
   
Nordsun '91 CMA CGM
14,190 dwt 1158 teu (687 at 14ts)
125 reefers / 17,0kn on 30,0ts
24 mos feast trade
 private
   
Auriga J '01 Maersk Sealand
17,183 dwt 1157 teu (909 at 14ts)
250 reefers / 19,0kn on 38,0ts
opt 12 mos caribs trade
 private
   
Manila Bay '84 Seacon
20,200 dwt 1095 teu (815 at 14ts)
100 reefers / 17,5kn on 46,0ts
12 mos fe trade
 16,000
   
N/B Diana J '06 Borchard
10,700 dwt 972 teu (559 at 14ts)
170 reefers / 17,5kn on 34,0ts
36 mos nth europe trade
 12,750
   
Cape Brett '92 GSL
10,449 dwt 922 teu (590 at 14ts)
104 reefers / 17,0kn on 28,5ts
12 mos feast trade - relt fm SYMS
 16,000
   
Sea Space '86 Samudera
16,882 dwt 884 teu (611 at 14ts)
90 reefers / 15,5kn on 31,6ts
4 mos feast trade
 11,900
   
Sky Bright '96 SITC
10,800 dwt 724 teu (514 at 14ts)
70 reefers / 17,5kn on 30,0ts
24 mos feast trade
 12,000
   
Cerrina '93 PONL
9,517 dwt 656 teu (430 at 14ts)
90 reefers / 17,5kn on 27,5ts
6 mos feast trade
 12,750
   

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