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 17th November, 2009

There is no shortage of fixtures in the market at the moment, espcially in the sub 1000 teu sizes in Asia. Good cargo volumes and poor weather have meant that numerous operators from China and South Korea have been looking for short period ships. However, the charter rates remain at historically low levels with 600 teu, gearless feeders achieving only high usd 2000s to mid usd 3000s depending on specification. We hear from operators that the inter-asia trades remain one of the few bright prospects in the Liner industry at the moment, with some feeder even carriers managing to break even!

The same cannot be said about the deep sea trades with operators continuing to report difficult trading conditions. Further tonnage is expected to be withdrawn by operators as the traditional seasonal downturn approaches. Notwithstanding this, there has been some activity in the 3000 teu plus sizes with CSAV, in particular, busy fixing ships. 3500 teu ships are currently fixing at around usd 5500 and 4500 teu ships can expect usd 6500 for periods upto 12 months.

The 2500 - 2800 teu market has been dominated by Maersk who are rumoured to have fixed upto 5 x 2800 teu ships from the Mediterranean market in the region of usd 4500. At least one of the ships was heard to reposition from Asia for the business, which highlights the lack of activity in these sizes in Asia. Maersk's feeder subsidiary in Asia, MCC Transport, has also been particularly active in the 1700 - 1100 teu sizes, fixing a number of ships. Otherwise activity in these sizes remains sporadic with rates still hovering just above usd 4000.

 
 
 

FIXTURES

Gearless

Northern Priority´10	Misc
58270 dwat 4600 teu (2930 @ 14ts) 24kn on 133ts 12 mos	6500
Meat´01	MSL
39300 dwat 2732 teu (2267 @ 14ts) 22,5kn on 85ts 12 mos	4500
King Bruce´08	OOCL
24090 dwat 1706 teu (1250 @14ts) 19,5kn on 50ts 6 mos	4200
Barent Strait´08	CNC
23965 dwat 1702 teu (1250 @ 14ts) 20kn on 62ts 6 mos	4200
Buxhill'95	APL
23459 dwat 1687 teu (1191 @ 14ts) 18kn on 48ts 6 mos	4000
Conti France´93	YML
23596 dwat 1599 teu (1148 @ 14ts) 18kn on 45ts 12 mos	4000
Barzan´99	OOCL
24327 dwat 1560 teu (1210 @ 14ts) 18,5kn on 45ts 6 mos	3950
Warnow Whale´07	Agriex
18318 dwat 1296 teu (957 @ 14ts) 19,6kn on 45ts 6 mos	4250
Warnow Beluga´08	STX Panocean
18700 dwat 1296 teu (957 @ 14ts) 19,6kn on 45ts 3 mos	3900
Olympian Racer´05	UFS
14003 dwat 1118 teu (700 @ 14ts) 19,5kn on 21ts 3 mos	3900
Mare Doricum´95	APL
12380 dwat 1054 teu (645 @ 14ts) 17,5kn on 30,5ts 3 mos	3750
Spica J´07	Unifeeder
11186 dwat 974 teu (554 @ 14ts) 17,5kn on 35,5ts 6 mos	4400
Ines Bolten´09	Unifeeder
10700 dwat 974 teu (581 @ 14ts) 17,5kn on 35,5ts 6 mos	4400
Tina´03	Teamlines
8709 dwat 822 teu (507 @ 14ts) 18,5kn on 36,6ts 3 mos	3700
Beluga Stimulation´04	UASC
9600 dwat 750 teu (507 @ 14ts) 18kn on 29ts 3 mos	3450
Beluga Sensation´04	Delphis
9163 dwat 750 teu (507 @ 14ts) 18kn on 29ts 3 mos	3700

Geared

Roerborg´90	Seacon
10346 dwat 907 teu (630 @ 14ts) 17kn on 37ts 3 mos	4200
Matthias Claudius´05	APL
23400 dwat 1740 teu (1330 @ 14ts) 21kn on 64ts 6 mos	4200
Hansa Lauenburg´06	MSL
23975 dwat 1740 teu (1330 @ 14ts) 21kn on 64ts 6 mos	4100
Baltic Strait´08	CNC
23965 dwat 1702 teu (1230 @ 14ts) 20kn on 62ts 6 mos	4200
Ranjan´08	Delmonte
17350 dwat 1341 teu (925 @ 14ts) 20kn on 52ts 6 mos	4500
Warnow Dolphin´07	MCC Transport
18700 dwat 1296 teu (957 @ 14ts) 19,6kn on 45ts 3 mos	3900
Kuo Jane´90	Seacon
18235 dwat 1285 teu (1060 @ 14ts) 17kn on 29ts 3 mos	4000
CEC Star'93	CMA CGM
12184 dwat 1139 teu (709 @ 14ts) 18,4kn on 42ts 3 mos	3850
Jade Trader´95	GSL
14700 dwat 1131 teu (762 @ 14ts) 20kn on 42ts 4 mos	3900
Cape Santiago´01	Hanjin
18402 dwat 1121 teu (820 @ 14ts) 18,5kn on 41,5ts 4 mos	3950
Pacific Hawk´08	APL
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 41ts 12 mos	4500
Fesco Askold´06	CMA CGM
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 36ts 6 mos	3800
Fesco Anadyr´07	Damico
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 41ts 6 mos	4000
Asian Star´05	MCC Transport
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 41ts 3 mos	4000
Alianca Inca´06	CAT
13760 dwat 1118 teu (700 @ 14ts) 19,5kn on 36ts 5 mos	3950
Stadt Muenchen´99	CMA CGM
12918 dwat 1102 teu (650 @ 14ts) 20kn on 43ts 3 mos	3775
Stadt Berlin´98	CMA CGM
12920 dwat 1102 teu (675 @ 14ts) 20kn on 43ts 3 mos	3775
Formosa Container 7´07	MCC Transport
13760 dwat 1019 teu (710 @ 14ts) 19,5kn on 42ts 3 mos	3900
Angullia´95	Valfjar
15326 dwat 954 teu (744 @ 14ts) 17kn on 31,5ts 3 mos	3200
Muenster'96	ANL
12950 dwat 910 teu (700 @ 14ts) 19kn on 44,5ts 6 mos	4000
Roerborg´90	Seacon
10345 dwat 907 teu (630 @ 14ts) 17kn on 37ts 3 mos	4200
Pioneer Lake´03	IMTC
11188 dwat 862 teu (600 @ 14ts) 18,5kn on 33ts 3 mos	4000
Coneste´03	Cosco
11153 dwat 862 teu (600 @ 14ts) 18,5kn on 33ts 6 mos	3950
Cape Coldbek´99	Sinokor
10968 dwat 834 teu (590 @ 14ts) 19kn on 28ts 3 mos	3650

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