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
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• 15th December, 2005
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• 11th July, 2005
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• 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 12th June, 2007

The rally for tonnage experienced in the first months of 2007 continued through-out the last weeks. In the segment above 2000 teu some serious forward fixing has been concluded and the vast majority of liner operators appear still in the race for additional ships, especially one´s equipped with gear are being soaked up well ahead of their open positions. CSAV has led the race in the past weeks with numerous fixtures around the 2500teu segment with periods of up to 30mos in order to secure a slight rebate on the rate in return. Also CMA CGM has been active securing even older tonnage for 2 years at a healthy 18000usd considering the vessel´s consumption.

Around the 1700 teu segment we have seen another benchmark being crossed with latest fixtures topping the 15000usd per day mark for periods of up to 24mos. Worth mentioning appear a number of Hamburg Sued extensions in this segment along with the activity of some Far East based operators like TS Lines securing nice ships like the 1600teu "Elbe Trader" for 12mos at 15450usd.

Another nice jump has been reported in the CV 1100teu size where rates appear to be slowly approaching the 13000usd per day mark for a year. Mentionable is the latest fixture of the Hartmann newbuilding "Frisia Alster" securing 12750usd with New Pacific Lines although a slight premium has been charged for Australia trade in this case.

Recapitulating the above, most operators appetite for tonnage has not been satisfied yet. The pace of the forward fixing activity might slow down a little but the general market opinion is still very optimistic.

 
 
 

FIXTURES

Gearless

HS Chopin '07	ZIM
45,000 dwat 3586 teu (2500 at 14ts) 500 reefers / 23,4kn on 130ts 48mos ww trade	27250
Conti Singa '96	MISC
44,510 dwat 3469 teu (2532 at 14ts) 198 reefers / 22kn on 100ts ext 24mos ww trade	28000
Stadt Aachen '07	CMA CGM
43,127 dwat 3380 teu (2542at 14ts) 300 reefers / 22,5kn on 105ts 48mos ww trade	25750
Sea-Land Mariner '80	CMA CGM
36,629 dwat 2762 teu (2056 at 14ts) 261 reefers / 20kn on 101ts 24mos ww trade	18000
Sea-Land Express '80	CMA CGM
36,629 dwat 2762 teu (2056 at 14ts) 209 reefers / 20kn on 100ts 24mos ww trade	18000
Nordstrand '91	CSAV
34,079 dwat 2280 teu (1845 at 14ts) 300 reefers / 19kn on 70ts 24mos pacific trade	21400
Magnavia '96	KMTC
30,750 dwat 2078 teu (1705 at 14ts) 400 reefers / 21,5kn on 73ts 12mos feast trade	20500
Pacific Quest '83	PIL
32631 dwat 1830 teu (1720 at 14ts) 300 reefers / 22kn on 80ts 4mos asia-safr trade	19750
Conti Hong Kong '89	Gold Star Line
26,288 dwat 1743 teu (1308 at 14ts) 70 reefers / 19kn on 52ts 12mos asia/wafrica trade	15150
Buxmoon '95	STX Pan Ocean
23,130 dwat 1687 teu (1191 at 14ts) 152 reefers / 19kn on 48ts 12mos seasia trade	14600
Montania '96	Cheng Lie
22148 dwat 1504 teu (1180 at 14ts) 200 reefers / 21kn on 61,3ts ext 13mos / feast trade	15590

Geared

Penelope '07	CSAV
35,600 dwat 2714 teu (2200 at 14ts) 500 reefers / 22kn on 85ts 30mos ww trade	22000
Frisia Wismar '04	CSAV
33,900 dwat 2478 teu (1886 at 14ts) 420 reefers / 22kn on 84 ts extended 30mos atlantic trade	22000
Frisia Luebeck '04	CSAV
33,900 dwat 2478 teu (1916at 14ts) 400 reefers / 22,5kn on 84ts extended 30mos atlantic trade	22000
Nordhawk '97	CMA CGM
28,370 dwat 2105 teu (1466 at 14ts) 200 reefers / 20kn on 54ts extended asia/safrica trade	17950
Cape Darby '01	MACS
30,537dwat 1842 teu (1350 at 14ts) 150 reefers / 19,5kn on 62mt 12-14mos ww trade	22500
Eyrene '93	CNC
29,931 dwat 1806 teu (1472 at 14ts) 100 reefers / 19,5kn on 44,5ts 12mos seasia trade	17350
Ocean Hope '89	CSCL
26,336 dwat 1799 teu (1388 at 14ts) 70 reefers / 19kn on 52ts extended 24mos asia trade	14250
Leopold Schulte '07	Hamburg Sued
23,579 dwat 1740 teu (1330 at 14ts) 300 reefers / 20,5kn on 62ts 24mos atlantic trade	15000
Cap Azul '02	Hamburg Sued
23,579 dwat 1740 teu (1330 at 14ts) 296 reefers / 20,5kn on 58ts extended 24mos / cont-med trade	15250
Sofia Russ '96	CCNI
22,984 dwat 1730 teu (1120 at 14ts) 200 reefers / 19,7kn on 57,2ts 12mos med/wcsa trade	15250
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 45ts extended 12mos usec/ecsa trade	14900
Mediterranean Sea '06	CMA CGM
23,800 dwat 1706teu (1250 at 14ts) 300 reefers / 19,5kn on 50ts extended 12mos cont-wafrica trade	15400
Hans Schulte '98	Gold Star Line
22,330 dwat 1684 teu (1100 at 14ts) 160 reefers / 20kn on 49ts extended 12mos asia trade	15380
Buxsailor '93	ZIM
23,465 dwat 1684 teu (1231 at 14ts) 152 reefers / 19kn on 48ts extended 12mos / europe-wafrica trade	15300
Iwashiro '95	PIL
24381 dwat 1611 teu (1200 at 14ts) 200 reefers / 20kn on 53ts 12mos asia trade	15500
Mira '00	ZIM
21331 dwat 1600 teu (1200 at 14ts) 478 reefers / 21kn on 61ts ext 12mos wafrica trade	16000
Elbe Trader '94	TS Lines
22,525 dwat 1600 teu (1124 at 14ts) 200 reefers / 21kn on 58,9ts 12mos asia trade	15450
Westerhever '94	APL
22,340 dwat 1572 teu (1100 at 14ts) 224 reefers / 20kn on 55ts 24mos feast trade	14400
London Tower '94	PIL
23,884 dwat 1525 teu (1250 at 14ts) 133 reefers / 19kn on 44mt 12mos feast trade	15500
Santa Felipe '96	K-Line
20,058 dwat 1512 teu (1189 at 14ts) 150 reefers / 19,6kn on 47ts 12mos - usec / ecsa trade	14900
Mellum '98	NDAL
20,406 dwat 1301 teu (1000 at 14ts) 63 reefers / 17kn on 29,5mt opted 12mos / wafrica trade	14750
Jork '96	Hapag Lloyd
14,700 dwat 1122 teu (748 at 14ts) 150 reefers / 19kn on 44ts extended 7mos usg trade	12500
Frisia Alster '07	New Pacific Line
13,760 dwat 1118 teu (700 at 14ts) 220 reefers / 19,5kn on 36ts 12mos aussie/pacific islands trade	12750
Asian Sun '05	CSAV
13,719 dwat 1118 teu (700 at 14ts) 240 reefers / 20kn on 37ts 12mos feast trade	12300
Bernhard S '95	Hapag Lloyd
14,454 dwat 1104 teu (765 at 14ts) 150 reefers / 19kn on 39ts extended 12mos usg/wcca trade	12500
Tampa Bay '06	CSAV
13,760 dwat 1100 teu (700 at 14ts) 220 reefers / 19,4kn on 37ts extended 12mos seasia trade	12250
Vega Fynen '06	CSAV
13,760 dwat 1092 teu (700 at 14ts) 220 reefers / 19,6kn on 41ts extended 12mos seasia trade	12250
Reverence '01	MCC
12,106 dwat 932 teu (650 at 14ts) 150 reefers / 18kn on 34ts 12mos seasia trade	11100

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