Harper Petersen & Co – Ship brokers since 1943
Imprint
Privacy

Market Report

Container update 20th March, 2009


 

Although the general picture is still bleak with estimates of some 1.4 million teu lying idle and increasing (this equates to around 11 pct of the cellular container fleet), there has been a definite increase in chartering activity since the beginning of March and this is expected to continue in April and May, tranditionally the prime fixing months for the container charter market.

After months of inactivity there have been a few new requirements for 3000 teu plus sizes. MSC has led the way picking up a good specification 3500 teu Santa Celina in the low usd 7000s for period, as well as fixing a number of ships for trips off the continent to Asia a low rates. Other charterers such as MISC and SCI are also in the market for these sizes.

The 2000-3000 teu sizes remain the most inactive as charterers continune to redeliver back to independent owners the vast majority of ships in these sizes. Operators have been heard to replace these ships with their own sometimes larger 4000 teu ships, therefore optimising the use of their own fleet. 

The 1000-2000 teu sizes remain perhaps the most active. Geared ships are still finding employment quicker than their gearless sisters, as operators continue to maintain their service network and have to rely upon charter market ships to fulfill these requirements. 1100 teu geared vessels in Asia are fixing around the usd 4000 mark, however, there still premiums to be had in the Med and in the Caribs for good quality geared tonnage.

Otherwise, we are beginning to see more modern ships circa late 1980s head to the scrap yards. It is rumoured even early 1990s built ships are being discussed for scrap and this will begin to help to redress the huge demand / supply imbalance that hangs over the container market going forward.


 
 
 

FIXTURES

Gearless

Maersk Derby´04 MISC
50814 dwat 4311 teu (2900 @ 14ts)
24,5kn on 126ts
12 mos
6950
   
Capella´07 MCC Transport
39300 dwat 1118 teu (700 @ 14ts)
19,5kn on 38,5ts
4 mos
4000
   
Josco Star´06 SITC
12400 dwat 1043 teu (655 @ 14ts)
18kn on 33ts
12 mos
4900
   
Brave Eagle´85 MSC
13520 dwat 1022 teu (692 @ 14ts)
17,6kn on22ts
12 mos
3925
   
Norma J´07 WEC
11178 dwat 974 teu (554 @ 14ts)
17,5kn on 34ts
3 mos
4900
   
Christine´05 MSC
11000 dwat 956 teu (637 @ 14ts)
18kn on 32ts
6 mos
3850
   
Flintercoast´08 CMA CGM
9500 dwat 809 teu (514 @ 14ts)
18,7kn on 35ts
3 mos
4200
   


Geared

Santa Celina´01 MSC
39300 dwat 3430 teu (2325 @ 14ts)
23kn on 113ts
12 mos
7250
   
Hansa Narvik´98 ZIM
20630 dwat 1550 teu (1029 @ 14ts)
20kn on 49ts
12 mos
4700
   
Courier` 95 Cargo Levant
20140 dwat 1388 teu (1014 @ 14ts)
19kn on 46ts
12 mos
5250
   
El Zorro´06 MCC Transport
13760 dwat 1118 teu (700 @ 14ts)
19,5kn on 36ts
4 mos
4200
   
Dolphin Strait´03 MCC Transport
13858 dwat 1118 teu (700 @ 14ts)
19,5kn on 36ts
3 mos
4100
   
Pac Antlia´01 GSL
16794 dwat 1078 teu (858 @ 14ts)
19,5kn on 51,5ts
12 mos
4200
   
Pac Aires´02 GSL
16794 dwat 1078 teu (858 @ 14ts)
19,5kn on 51,5ts
12 mos
4200
   
Phoenix´90 MCC Transport
15162 dwat 1048 teu (750 @ 14ts)
18,5kn on 36ts
3 mos
4100
   
Hansa Berlin´93 MSL
12582 dwat 1016 teu (636 @ 14ts)
17,5kn on 29ts
6 mos
3950
   
Noble´91 FSL
12583 dwat 1012 teu (636 @ 14ts)
17,5kn on 29ts
12 mos
3950
   
Hansa London´92 Maxicon
12380 dwat 1012 teu (636 @ 14ts)
17,5kn on 28ts
3 mos
4000
   
Muenster´96 QNNC
12950 dwat 910 teu (700 @ 14ts)
19kn on 44,5ts
3 mos
4200
   
Yong Cai´99 CNC
14061 dwat 810 teu (680 @ 14ts)
18kn on 34ts
3 mos
4800
   

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