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 26th April, 2007

Since the beginning of March the projected rally for tonnage continued and geared ships, especially, have been fixing well in advance. Even though the start of the year has been active already, it appears that liner operators have still not covered their demand for the upcoming months and remain in  need of tonnage. Healthy periods of up to 48mos and rates of around 27250usd have been reported for ships above 3000teu lately with Zim and CMA CGM in the hunt for ships in this segment. Above 4000 teu there remains next to nothing and operators are looking forward into 2008 in order to secure tonnage.

The geared sector above 2000 teu has been especially active with periods of 24 months being the norm, as well as 36 months being possible. Gearless 2700 teu sizes vessels also remain at a premium and operators such as CSAV have been willing to fix ahead to secure what scarce tonnage remains.

Despite the above developements, pressure remains on the gearless ships between 1700 and 2000teu and owners have been forced to look at the shorter period / round voyage requirements that have been in plentiful supply lately with extra cargo coming out of china prior to chinese may day holidays.

Firm periods and rates have been reported from the cv 1100 front with rates reported around 12250usd for 12mos periods regardless if these ships are fixed for the feast, caribs or african feeder services. Some extreme activity has been reported from the (baltic) feeder sizes where, after a mostly ice-free winter, operators appear to be soaking up tonnage rapidly and rates have been really healthy in the last weeks.

 
 
 

FIXTURES

Gearless

HS Bach '07	CMA CGM
45,000 dwat 3586 teu (2500 at 14ts) 500 reefers / 23,4kn on 130ts 60mos ww trade	26750
HS Chopin '07	Zim
45,000 dwat 3586 teu (2500 at 14ts) 500 reefers / 23,4ts on 105,3ts 48mos ww trade	27250
Stadt Aachen '07	CMA CGM
43,127 dwat 3380 teu (2542 at 14ts) 300 reefers / 22,5kn on 105,3ts 48mos ww trade	25750
King Andrew '07	CSAV
37,570 dwat 2741 teu (2116 at 14ts) 400 reefers / 21,8kn on 88ts 24mos ww trade	21700
King Aaron '08	CSAV
37,570 dwat 2741 teu (1886 at 14ts) 400 reefers / 27,8kn on 88ts 24mos ww trade	21700
Sky Jupiter '85	MISC
53,726 dwat 2686 teu (2460 at 14ts) 250 reefers / 19kn on 92ts 14mos seasia trade	18500
Sky Venus '83	RCL
38,351 dwat 2515 teu (2061 at 14ts) 187 reefers / 18kn on 67ts 14mos feast trade	19800
SCI Tej '89	MSC
40,225 dwat 2490 teu (2050 at 14ts) 200 reefers / 19,0kn in 68,5ts 23-26mos ww trade	16250
Mediterranean Express '85	MSC
33,860 dwat 1923 teu (1583 at 14ts) 100 reefers / 18kn on 49ts 30mos ww trade	12200
Otto Schulte '99	UASC
26,027 dwat 1702 teu (1350 at 14ts) 200 reefers / 20kn on 66ts 12mos asia/med trade	15200
Mary Schulte '00	Cosco
25,850 dwat 1702 teu (1350 at 14ts) 200 reefers / 20,5kn on 70ts 12mos feast trade	15000
Rhoneborg '93	QC Lines
20,027 dwat 1646 teu (1295 at 14ts) 298 reefers / 18,5kn on 46ts extended 6mos feast trade	13000
Flottbeck '05	Hapag Lloyd
15,933 dwat 1600 teu (1090 at 14ts) 311 reefers / 20kn on 49ts 12mos atl trade	16600
Barmbek '05	Hapag Lloyd
15,955 dwat 1600 teu (1090 at 14ts) 311 reefers / 20kn on 49ts 12mos atl trade	16600
Mildburg '91	Bengal Tiger Lines
23,596 dwat 1597 teu (1168 at 14ts) 140 reefers / 18,2kn on 40,5ts extended 15mos seasia/bay of bengal trade	13500
Arabian Express '97	Puhai
18,300 dwat 1439 teu (1140 at 14ts) 100 reefers / 19kn on 36ts 11mos feast trade	14000
Sinar Toba '90	Samudera
22,734 dwat 1404 teu (1186 teu at 14ts) 200 reefers / 19kn on 41ts ext 6 mos seasia trade
Belle Ile '93	Samudera
12,300 dwat 1012 teu (640 at 14ts) 90 reefers / 17,5kn on 30,5ts extended 6mos Seasia trade	10500
Linda '07	Delta Shipping
11,500 dwat 907 teu (575 at 14ts) 200 reefers / 18kn 12mos baltic trade	13450
Aila '07	Saimaa Lines
11,350 dwat 907 teu (575 at 14ts) 200 reefers / 18,5kn 60mos baltic trade	13860
Acturia '07	Unifeeder
11,400 dwat 868 teu (600 at 14ts) 234 reefers / 18kn on 33,3ts 6mos baltic trade	12550

Geared

Penelope '07	CSAV
35,600 dwat 2714 teu (2200 at 14ts) 500 reefers / 22kn on 85ts 30mos ww trade	22000
Jupiter '01	Hamburg Sued
33,917 dwat 2452 teu (1886 at 14ts) 400 reefers / 21,8kn 75ts 36mos ww trade	21500
Jasmin '01	Hamburg Sued
33,900 dwat 2452 teu (1886 at 14ts) 400 reefers / 21,8kn on 75ts 36mos ww trade	21500
Nordhawk '97	CMA CGM
28,370 dwat 2105 teu (1466 at 14ts) 200 reefers / 20kn on 54ts extended 24mos asia south africa trade	17950
Santiago '96	CCNI
32,355 dwat 2000 teu (1600 at 14ts) 150 reefers / 20,0kn on 65,5ts 5mos feast/wcsa trade	20900
Valentina '06	Hapag Lloyd
22,300 dwat 1875 teu (1285 at 14ts) 385 reefers / 21kn on 67ts 12mos atlantic trade	17750
Valdivia '06	Hapag Lloyd
22,300 dwat 1875 teu (1285 at 14ts) 385 reefers / 21kn on 67ts 12mos atlantic trade	17750
Ocean Hope '89	CSCL
26,336 dwat 1799 teu (1388 at 14ts) 70 reefers / 19kn on 51ts extended 24mos asia trade	14250
Conti Hong Kong '89	GSL
26,288 dwat 1799 teu (1308 at 14ts) 70 reefers / 18,5kn on 49ts 12mos asia/wafrica trade	15150
Leopold Schulte '07	Hamburg Sued
23,579 dwat 1740 teu (1330 at 14ts) 300 reefers / 20,5kn 62ts 24mos atlantic trade	15000
Philipp Schulte '04	Hamburg Sued
23,679 dwat 1718 teu (1330 at 14ts) 296 reefers / 21kn on 64ts extended 24mos atlantic trade	15000
Port Said '94	K Line
22,236 dwat 1709 teu (1220 at 14ts) 72 reefers / 19kn on 46,5ts 12mos usec/ecsa trade	14900
Mediterranean Sea '06	CMA CGM
23,800 dwat 1706 teu (1250 at 14ts) 300 reefers / 19,5kn on 50ts 12mos cont/wafrica trade	15400
Hans Schulte '98	GSL
22,330 dwat 1684 teu (1100 at 14ts) 160 reefers / 20kn on 49,5ts 12mos cont/wafrica trade	15380
Fiducia '97	TS Lines
21,060 dwat 1651 teu (1136 at 14ts 149 reefers / 20kn on 59,5ts extended 12mos feast trade	15000
Francisca Schulte '97	CMA CGM
22,020 dwat 1608 teu (1086 at 14ts) 200 reefers / 21kn on 60,5ts 12mos ww trade	15000
Fabian Schulte '97	CMA CGM
22,015 dwat 1608 teu (1086 at 14ts) 200 reefers / 21kn on 60,5ts 24mos ww trade	14200
Westerhever '94	APL
22,340 dwat 1572 teu (1100 at 14ts) 224 reefers / 20kn on 55ts 24mos intraasia trade	14400
Dorian '94	PIL
22,426 dwat 1524 teu (1115 at 14ts) 160 reefers / 19,5kn on 49,5ts 12mos asia/wafrica trade	14950
San Felipe '96	K Line
20,058 dwat 1512 teu (1100 at 14 ts) 150 reefers / 19,6kn on 47ts 12mos usec/ecsa trade	14900
Langenes '06	MSC
16,382 dwat 1368 teu (870 at 14ts) 258 reefers / 19,5kn on 45ts ext 12mos cont/baltic trade	14500
YM Qingdao '90	Sea Consortium
18,235 dwat 1169 teu (1110 at 14ts) 42 reefers / 17,4kn on 29ts 12mos feast trade	12500
Hudson River '07	Emirates
13,760 dwat 1118 teu (700 at 14ts) 220 reefers / 19,4 on 37ts 12mos feast/eafrica trade	12250
Frisia Aller '06	HMM
13,760 dwat 1118 teu (700 at 14ts) 220 reefers / 19,5kn on 36ts 12mos seasia trade	12300
Johanna Russ '06	Zim
13,760 dwat 1118 teu (700 at 14ts) 220 reefers / 19,6kn on 41ts 12mos east africa trade	12100
Tampa Bay '06	csav
13,760 dwat 1100teu (700 at 14ts) 220 reefers / 19,4kn on 37ts 12mos intraasia trade	12250
Yellow River '07	Emirates
13,760dwat 1092 teu (700 at 14ts) 220 reefers / 19,4kn on 37ts 12mos feast/eafrica tr	12250
Vega Fynen '06	CSAV
13,760 dwat 1092 teu (700 at 14ts) 220 reefers / 19,4kn on 41ts 12mos intraasia trade	12250
Medbaltic '07	White Line
12,500 dwat 957 teu (604 at 14ts) 244 reefers / 18kn on 33ts 12mos med/pg trade	11600
Nicola '99	CMA CGM
11,030 dwat 847 teu (554 at 14ts) 50 reefers / 17,5kn on 33ts extended 24mos med trade	9500
Karina '97	CMA CGM
11,116 dwat 847 teu (554 at 14ts) 50 reefers / 17,5kn on 35ts extended 24mos med trade	9500

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