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 20th May, 2009

According to a number of operators in Asia, cargo volumes are improving in the interasia trades. Along with some signs that the volumes on the Europe - Asia services are declining at a slower rate, these are some of the first positive signs heard in the market for months. This is in stark contrast to the otherwise very depressing round of First Quarter Reports from the Liner Companies, which showed in black and white the extreme difficulties they are all facing.

In the charter market, all sizes in the 1000-2000 teu range seem to be heading towards the usd 4000 per day rate level at the moment. This really seems to be a floor, below which owners are extremely hesitant to go. We are also beginning to see a number of operators also try to fix for longer periods, another sign that perhaps a floor has been reached.

The 1000 teu sizes are proving extremely resilient and in some cases there are some small increases in rates in the Far East. The 1700 teu sizes have begun to move towards these levels with ships like the 1600 teu SUNMAN fixed for Indian Oceaning trading at usd 4500 plus option. The 1700 teu Wenchong designs continue to prove popular especially for West Africa trades, and are achieving rates in the usd 4750 - 5000 levels.

The 2000-3000 teu market remains extremely quiet. It is estimated that around 100 ships are currently idle in these sizes and it will take a long time before this tonnage is absorbed. Apart from MISC fixing the Stadt Coburg for 12 months at usd 6750 plus options, there has been very little activity in these sizes, primarily because MSC has been quiet.

 
 
 

FIXTURES

Gearless

Bellavia´05	MSC
66478 dwat 5117 teu (3370 @ 14ts) 25kn on 165ts 12 mos	7300
HS Livingston´04	MSC
66760 dwat 4943 teu (3280 @ 14ts) 24kn on 164,5ts 12 mos	6750
Stadt Coburg´09	MISC
53500 dwat 4380 teu (2850 @ 14ts) 24,3kn on 142ts 12 mos	6750
HS Debussy´09	SCI
42183 dwat 3534 teu (2353 @ 14ts) 22,9kn on 128ts 24 mos	6050
Warnow Vaquita´08	STX Panocean
18700 dwat 1296 teu (957 @ 14ts) 19,6kn on 45ts 3 mos	4550
Warnow Beluga´08	STX Panocean
18700 dwat 1296 teu (957 @ 14ts) 19,6kn on 45ts 3 mos	4500
MSC Kreta´98	MSC
12310 dwat 1145 teu (714 @ 14 ts) 19kn on 43,5ts 12 mos	4250
Spica´06	OOCL
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 38,5ts 6 mos	3900
Martha Russ´06	Seacon
13760 dwat 1116 teu (700 @ 14ts) 19,6kn on 41ts 4 mos	4200
Frisia Lahn´08	Samudera
13760 dwat 1114 teu (700 @ 14ts) 19,6kn on 42ts 6 mos	4200
Warnow Trout´08	Interasia
12000 dwat 990 teu (621 @ 14ts) 18,8kn on 37ts 3 mos	4000
Medaegean´08	CSCL
12000 dwat 990 teu (621 @ 14ts) 18,8kn on 37ts 12 mos	3900
Eemsdijk´07	HSued
12400 dwat 869 teu (602 @ 14ts) 18,5kn on 34ts 3 mos	3900
YT Venus´89	Wan Hai
14867 dwat 850 teu (700 @ 14ts) 17kn on 26,5 ts 3 mos	3400
Ensemble´06	SEACON
9285 dwat 750 teu (511 @ 14ts) 18kn on 33ts 12 mos	3300

Geared

Taurus´99	CMA CGM
29240 dwat 1837 teu (1392 @ 14ts) 21,5kn on 68ts 6 mos	5250
Hansa Papenburg´06	Nile Dutch
23400 dwat 1740 teu (1330 @ 14ts) 20kn on 55ts 12 mos	5000
Fritz Reuter´06	Hapag
23400 dwat 1740 teu (1330 @ 14ts) 21kn on 64ts 6 mos	4750
Hansa Commodore´97	SEACON
21470 dwat 1645 teu (1180 @ 14ts) 19kn on 49ts 6 mos	4750
Hansa Calypso´99	SEACON
21480 dwat 1645 teu (1180 @ 14ts) 19kn on 49ts 6 mos	4750
Sea Navigator´95	CMA CGM
20406 dwat 1452 teu (1010 @ 14ts) 19kn on 46ts 6 mos	4100
Marwan´94	MELFI
18950 dwat 1388 teu (1014 @ 14ts) 18,5kn on 46ts 6 mos	4450
Heluan´07	CMA CGM
17500 dwat 1304 teu (850 @ 14ts) 19kn on 45ts 6 mos	4250
Kuo Hsiung´93	GSL
18154 dwat 1275 teu (1120 @ 14ts) 17kn on 31,5ts 6 mos	3850
Vega Mercury´09	MSC
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 41ts 12 mos	4400
Pearl River´08	CMA CGM
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 36ts 6 mos	4100
Pacific Voyager´09	Seafreight
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 41ts 12 mos	4600
Mekong River´08	MSC
13760 dwat 1118 teu (700 @ 14s) 19,5kn on 36ts 12 mos	4500
Fesco Aleut´06	CMA CGM
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 36ts 6 mos	3800
Amazon River´05	CMA CGM
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 36ts 6 mos	4100
Frisia Spree´08	KMTC
13760 dwat 1114 teu ( 700 @ 14ts) 19kn on 42ts 3 mos	4000
Stadt Muenchen´99	CMA CGM
12918 dwat 1102 teu (650 @ 14ts) 20kn on 43ts 6 mos	3775
Stadt Lundeburg´05	Seafreight
13760 dwat 1102 teu (675 @ 14ts) 20kn on 43ts 3 mos	4600
Cape Spear´98	Nirint
13623 dwat 1055 teu (760 @ 14ts) 18,5kn on 42 ts 3 mos	5100
Mare Tuscom´96	CMA CGM
12380 dwat 1042 teu (645 @ 14ts) 17,5kn on 30,5ts 3 mos	3900
Olympia´86	MSL
13300 dwat 1022 teu (692 @ 14ts) 18kn on 30ts 3 mos	4000
Merkur Lake´94	BTL
12576 dwat 1012 teu (636 @ 14ts) 17kn on 31ts 3 mos	3900
Vega Aquila´09	KMTC
11800 dwat 997 teu (620 @ 14ts) 18,9kn on 38,5ts 3 mos	4150
Heinrich Sibum´07	King Ocean
11821 dwat 957 teu ( 604 @ 14ts) 18,5kn on 37ts 3 mos	4575
Osnabrueck´96	CMA CGM
12950 dwat 910 teu (700 @ 14ts) 19kn on 44,5ts 6 mos	4000
Nicola´99	CMA CGM
11700 dwat 847 teu (554 @ 14ts) 17,5kn on 35ts 12 mos	4150

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