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 19th December, 2008

It is estimated that some 400,000 teu of container ship capacity is currently lying idle, which represents about 3.5 pct of the total market capacity. This figure compromises of third party owners with unemployed ships plus liner companies with idle ships of their own. These figures will potentially grow as January is traditionally a quiet period and we have to wait until after Chinese New Year to see the real direction for 2009.

The spot market has been quite active for a December with Maersk and CSAV being the most active. CSAV has picked up a number of 1700 teu container ships for their traditional reefer business out of South America / Caribs, as they offer good value compared to conventional reefers. These ships have been fixed in the low usd 6000s. Maersk has also fixed a number of 1100 teu ships in the Caribs for shorter period. In the Far East, 1100 teu ships have now fallen to levels below usd 5000 with MCC TRANSPORT fixing and extending a number of ships. The larger sizes remain extremely quiet with no recent fixtures in the 3000 teu plus sizes.

It only leaves us to wish everyone a Merry Christmas and a Happy New Year!

 
 
 

FIXTURES

Gearless

Alexandra '00	OOCL
39128 dwat 2732 teu (2267 @ 14ts) 450 rfs / 22,5 kn on 85ts 7 mos / feast trade	10750
Spica '06	OOCL
13760 dwat 1118 teu (699 @ 14ts) 220 rfs / 19,5kn on 38,5ts 6 mos / feast trade	5250
Reggeborg '94	UFS
7285 dwat 558 teu (416 @ 14ts) 80 rfs / 17,5kn on 28,5ts 6 mos / med trade	5000

Geared

Hammonia Bavaria ' 09	CSAV
34035 dwat 2546 teu (1905 @ 14ts) 536 rfs / 22kn on 88ts 4 mos / feast trade	9500
Nathalie Schulte '05	CMA CGM
33536 dwat 2472 teu (1865 @ 14ts) 550 rfs / 22,2kn on 78,2ts 3 mos / cont trade	7500
Vega '01	CMA CGM
29500 dwat 1876 teu (1399 @ 14ts) 450 rfs / 20,5kn on 70ts 6 mos / usg-caribs trade	6500
Poseidon '99	MSL
29337 dwat 1837 teu (1391 @ 14ts) 350 rfs / 20,5kn on 70ts 3 mos / med trade	6500
Fritz Reuter '06	CSAV
23400 dwat 1740 teu (1329 @ 14ts) 300 rfs / 21kn on 64ts 4 mos / feast	6400
Wehr Nienstedten ' 02	CSAV
22968 dwat 1730 teu (1125 @ 14ts) 250 rfs / 20kn on 55ts 3 mos / med trade	6400
Convent '08	Cargo Levant
23978 dwat 1674 teu (1221 @ 14ts) 330 rfs / 20,2kn on 63ts 6 mos / ww trade	6500
Weisshorn '96	Bernuth
14643 dwat 1122 teu (765 @ 14ts) 150 rfs / 19,5kn on 44ts 1 mos / usg-caribs trade	6750
Victoria Strait '02	Ultramar
13760 dwat 1118 teu (699 @ 14ts) 220 rfs / 19,5kn on 36ts 12 mos / usg-caribs trade	6500
Fesco TBN 3 '07	MCC Transport
13760 dwat 1118 teu (700 @ 14ts) 220 rfs / 19,5kn on 36ts 6 mos / feast trade	4900
Stadt Muenchen '99	CMA CGM
12918 dwat 1102 teu (649 @ 14ts) 160 rfs / 20kn on 43ts 4 mos / usg-caribs trade	5250
Stadt Dusseldorf '98	Lin Lines
12920 dwat 1102 teu (649 @ 14ts) 160 rfs / 20kn on 43ts 14 mos / wafr trade	6250
Herm Kiepe '97	Lin Lines
13300 dwat 936 teu (699 @ 14ts) 270 rfs / 19kn on 36ts 5 mos / wafr trade	5100
Eponyma '93	CMA CGM
6013 dwat 455 teu (326 @ 14ts) 70 rfs / 14kn on 15ts 6 mos / feast trade	5500

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