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 2nd June, 2008

A real two tier market seems to have developed in the container charter market between the smaller sub 3000 teu sizes for 2008 positions and the forward market, especially in the panamax sizes.
 
In the larger 3000 teu plus market, there remains a definite shortage of ships with a number of 4300 teu ships for 2009 being committed at rates around usd 31000 x 60 months. Similarly 3500 teu ships remain in good demand although july 2008 delivery NORDWINTER was heard to fail on charterers subjects. The sublet market remains quite active in these larger sizes with Maersk especially heard to sublet a couple of 3500 teu ships around usd 30000 to ZIM.
 
However, the spot market for 3000 teu or below the market is softening. Apart from CMA CGM and MSC, the other Liner Companies seem to be quite inactive. 2800 teu fixtures have come down in both rate and period. 2800 teu Cape Manuel was heard fixing usd 24800 x 12 months to HATSU MARINE and it was rumoured that other ships had fixed off a prompt basis at sub usd 23000 for about 8 months. This is of course having an impact on 2000 teu ships as their rates also move further down.
 
A fairly quiet market in the 1700 teu sizes this week with a number of fixtures heard to fail on charterers subjects. Some support remains from break bulk operators who see good value in container ships compared to conventional MPP type ships. The CV1100 sizes were recovering from the recent spate of fixtures where about 4-5 ships were taken by CMA CGM from the Far East for WCCA / Caribs services. Apart from that the smaller 600 teu market remains remarkably resilient with ships still fixing well.
 
 
 

FIXTURES

Gearless

CSCL Africa '05	CMA CGM
101,612 dwat 8468teu (6230 @ 14ts) 700 rfs / 25kn on 248ts 4mos / asia trade	54000
Stadt Marburg '09	K Line
53,500 dwat 4380teu (2850 @ 14ts) 400 rfs / 24,3kn on 133ts 60 mos / ww trade	30500
Irenes Rainbow '06	PIL
39,382dwat 2824teu (2029 @ 14ts) 586 rfs / 24kn on 95ts 24mos / feast trade	26500
Cimbria '03	HLCL
39,384dwat 2824teu (2030 @ 14ts) 554 rfs / 24kn on 95ts 12mos / feast trade	27000
Northern Victory '97	MISC
40,080dwat 2808teu (2110 @ 14ts) 100 rfs / 18,5kn on 55ts 23 mos / feast trade	25500
STX Mumbai '07	ZIM
37,938dwat 2741teu (2118 @ 14ts) 400 rfs / 22kn 87ts 4 mos / asia trade	25500
Cape Manuel '08	Hatsu Marine
37,570dwat 2741teu (2116 @ 14ts) 400 rfs / 21,8kn on 88ts 12mos feast-aussie trade	24800
Merkur Star '96	MSC
41,553dwat 2638teu (2020 @ 14ts) 180 rfs / 20kn on 64ts 48mos / ww trade	23500
Nordwelle '05	PIL
34,740dwat 2572teu (1840 @ 14ts) 600 rfs / 22kn on 89,5ts 24mos / feast-meast trade	25000
Northern Endurance '06	Seaconsortium
33,838dwat 2456teu (1830 @ 14ts) 320 rfs / 21kn on 65ts 12mos / feast trade	27000
German S '90	Simatech
31,552dwat 2206teu (1800 @ 14ts) 100 rfs / 18,5kn on 55ts 16mos / seasia-meast trade	19250
H Ronneburg '04	Clan
23,508dwat 1740teu (1330 @ 14ts) 296 rfs / 20,5kn on 58ts 12mos / med trade	18250
King Bruce '07	CMA CGM
24,200dwat 1706teu (1250 @ 14ts) 300 rfs / 19,5kn on 50ts 12mos / med trade	17700
M.H. Thamrim '00	PIL
26,518dwat 1644teu (1350 @ 14ts) 200 rfs / 19kn on 51ts 12mos / seasia trade	14000
Reinbek '05	MSC
15,952dwat 1638teu (1090 @ 14ts) 311 rfs / 20kn on 49,5ts 6mos / ncont trade	16850
Eilbek '05	MSC
15,952dwat 1600teu (1090 @ 14ts) 311 rfs / 20kn on 49,5ts 6 mos / ncont trade	16850
Gallant Wave '96	TSK
20,278dwat 1512teu (1193 @ 14ts) 150 rfs / 18kn on 37ts 24mos / feast trade	17400
Cap Colville '97	PIL
24,166dwat 1510teu (1145 @ 14ts) 100 rfs / 18kn on 37ts 12mos / seasia trade	17250
Masovia '95	STX Pan Ocean
22,183dwat 1504teu (1180 @ 14ts) 200 rfs / 21kn on 61ts 12mos / feast trade	18200
Sinar Toba '90	PIL
22,734dwat 1404teu (1186 @ 14ts) 200 rfs / 19kn on 41ts 12mos / feast trade	17000

Geared

Patria '06	KMTC
34,496dwat 2600teu (1856 @14ts) 440 rfs / 22,1kn on 89,5ts 9mos / feast-india trade	25900
Palatia '06	CMA CGM
34,496dwat 2600teu (1856 @ 14ts) 440 rfs / 22,1kn on 89,5ts 7mos / easia trade	22800
Anafi '94	MSC
33,745dwat 2420teu (1850 @ 14ts) 300rfs / 20,5kn on 70ts 36mos / ww trade	20500
Santa Federica '98	Hanjin
30,007dwat 2169teu (1650 @ 14ts) 422 rfs / 19,5kn on 51ts 12mos / feast trade	20400
Santa Fabiola '99
Lobivia '01	UASC
30,375dwat 2078teu (1618 @ 14ts) 432 rfs / 21,5kn on 74ts 15mos / cont-pg trade	20950
Bonavia '95	CMA CGM
30,743dwat 2078teu (1700 @ 14ts) 414 rfs / 22,5kn on 72ts 12mos / feast-seasia trade	20250
Conti Hong Kong '89	GSL
26,288dwat 1743teu (1308 @ 14ts) 70 rfs / 18,5kn on 49ts 36mos / feast-seasia trade	18000
G E Lessing '06	CSAV
23,600dwat 1720teu (1330 @14ts) 300 rfs / 21kn on 64ts 16mos / usec-uswc trade	19000
Buxsailor '93	ZIM
23,465dwat 1684teu (1152 @ 14ts) 152 rfs / 19kn on 49ts ext 12mos / cont trade	18000
Hansa Commodore '97	CMA CGM
21,480dwat 1645teu (1180 @ 14ts) 120 rfs / 19kn on 49ts 12mos / feast-meast trade	17500
H Langeland '03	MOSK
20,170dwat 1581teu (1051 @ 14ts) 288 rfs / 20kn on 49ts ext 24 mos / feast-seasia trade	16900
San Vincente '93	Cosco
20,278dwat 1512teu (1193 @ 14ts) 150 rfs / 20kn on 51ts 12mos / feast-wafrica trade	18000
San Felipe '96	CMA CGM
20,058dwat 1512teu (1189 @ 14ts) 150 rfs / 19,6kn on 47ts 12mos / med trade	17750
Sea Navigator '95	CMA CGM
20,406dwat 1452teu (1009 @ 14ts) 150 rfs / 18,5kn on 47ts 12mos / feast trade	16200
Westermuehlen '93	CMA CGM
20,140dwat 1388teu (1014 @ 14ts) 75 rfs / 18,5kn on 45ts 12mos / med trade	16250
Sea Navigator '95	CMA CGM
20,150dwat 1388teu (1014 @ 14ts) 150 rfs / 19kn on 46ts 12mos / meast-wafrica trade	16250
Westermuehlen '93	CMA CGM
20,140dwat 1358teu (1000 @ 14ts) 150 rfs / 18,5kn on 45ts 12mos / med trade	16250
Mareno '00	MSC
17,500dwat 1174teu (815 @ 14ts) 120 rfs / 20kn on 52,5ts 12mos / med trade	13400
AS Venus '96	New Econ Line
18,400dwat 1129teu (848 @ 14ts) 150 rfs / 19kn on 37,5ts 12mos / seasia trade	14000
AS Mars '96	MOL
18,400dwat 1128teu (820 @ 14ts) 152 rfs / 18,5kn on 37,5ts ext 12mos / feast trade	13800
Ulrike F '05	K Line
13,879dwat 1118teu (700 @ 14ts) 220 rfs / 19kn on 44ts 12mos / feast-seasia trade	12800
Otterhound '03	MSC
13,760dwat 1118teu (700 @ 14ts) 220 rfs / 20kn on 46ts 12mos / med trade	13800
Maren S '05	GSL
13839dwat 1118teu (700 @ 14ts) 220 rfs / 19,5kn on 38,5ts 12mos / feast trade	12550
El Flaco '07	TSK
13,760dwat 1118teu (700 @ 14ts) 220 rfs / 19,5kn on 36ts 30-40 days / feast trade	14500
Asian Star '05	MSC
13,823dwat 1118teu (700 @ 14ts) 240 rfs / 19,5kn on 36ts 12mos / med trade	12900
Vega Turmalin '99	MOSK
14,065dwat 1116teu (750 @ 14ts) 196 rfs / 19kn on 39ts 12mos / uswc-wcsa trade	13500
Hudson River '07	CMA CGM
13,760dwat 1116teu (700 @ 14ts) 220 rfs / 19,5kn on 38ts 12mos / feast trade	12500
Katrin S '95	ZIM
14,454dwat 1104teu (765 @ 14ts) 150rfs / 19kn on 38ts 12mos / usg trade	13300
Amazon River '07	AAL
13,619dwat 1092teu (700 @ 14 ts) 220 rfs / 19,5kn on 37ts 6mos / aussie trade	13100

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