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 4th December, 2003

Since our last report the overall market has continued to be relatively peaceful. The downward pressure seen in the last month has been more obvious within the mid sizes, whereas the larger sizes continue to demand and achieve better levels as the continued lack of vessels forces greater urgency amongst the charterers.

The 2500teu + area has continued to see relatively high levels of enquiry, with delivery dates once again well into the New Year again underlining the sparseness of supply. CMA/CGM has once more been active taking the Grand Vision and the Telendos which have seen rates pushing towards mid 23000 for 36 months, and the Engiadina achieved $20,850 for 60 months! The slightly smaller 2000teu vessels are also seeing an increasing number of orders, and Owners appear to be standing firm and waiting for longer term business.

Although more pressure is building within the 1700teu sector, the ‘better’ class vessels are still achieving good levels, such as the extension of the Saxonia for 24 months at $16,300, following the recent 12 month rate of $17,200 for the sister vcssel, Samaria. The B170 types are facing continued pressure with twelve month levels now around $16,000, but again there appear to be more orders surfacing in the first months of next year, and expectations remain positive.

 
 
 

FIXTURES

Gearless

Mare Atlantiicum	MSC
52,267dwt 4038teu (3000 at 14t) 25.5 on 144 for 36 mos wwide trade	usd 32,500
German Mariner	extn SCI
47,120dwt 2993teu (2480 at 14t) 20.5kn on 89 for further Cont/Indian round	usd 21,500
Grand Vision	ANL
44,016dwt 2986teu (2417 at 14t) 21,5kn on 92 for further 36 mos transpac trade	usd 23,250
Telendos	extn CMA/CGM
38,500dwt 2890teu (2172 at 14t) 22kn on 94 for further 36 mos USEC/India trade	usd 23,400
Engiadina	CMA/CGM
38,200dwt 2826teu (2020 at 14t) 24kn on 95 for 60 mos wwide trade	usd 20,850
Lindavia	extn IRISL
30,300dwt 2078teu (1705 at 14t) 21.5kn on 73 celled for further 6 mos Feast/PG trade	usd 21,250
Northern Fortune	Hapag
30,685dwt 1889teu (1600 at 14t) 19.3kn on 63 for 8 mos wwide trade (relet)	usd 18,250
Conti Barcelona	Evergreen
23,584dwt 1597teu (1168 at 14t) 18kn on 48 celled for 6-8mos Feast trade	usd 14,250
Barbarossa	Fu Hai
21,500dwt 1271teu (1090 at 14t) 18kn on 47.5 for 4 mos HK/Twn trade	usd 10,000

Geared

Wehr Havel	extn OOCL
33,750dwt 2526teu (1895 at 14t) 22.3kn on 74kn celled for 60 mos wwide trade	usd 17,400
Conti Seattle	IRISL
28,370dwt 2109teu (1514 at 14t) 20kn on 59 for 4-5 mos Feast/Mid East trade (relet)	usd 19,750
Helene J	CSAV
26,250dwt 1900teu (1400 at 14t) 20kn on 59.5 celled for 3-5 mos Feast/S Afr/ECSA rv	usd 18000
Hellas Macedonia	MSC
32,580dwt 1889teu (1600 at 14t) 18kn on 47 for 2-3 mos Atlantic trade	usd 15,700
Szczechin Trader	CMA/CGM
22,900dwt 1728teu (1125 at 14t) 20kn on 54.5 for 14 or 26 or 38 mos Feast/W Africa trade	usd 16,000 or 15,000 or 14,200
Saxonia	extn PONL
25,400dwt 1716teu (1295 at 14t) 21kn on 64 for further 24 mos Anz/USWC trading	usd 16,300
Conti Pacific	extn CMA/CGM
23,276dwt 1684teu (1150 at 14t) 19kn on 52 for further 6 mos Cont/E African trade	usd 15,200
Cap Vilano	APL
27,892dwt 1538teu (1325 at 14t) 20kn on 79 for 2-3 mos Feast trade	usd 11,000
Nordsky	KMTC
14,190dwt 1158teu (684 at 14t) 17kn on 29.5 for 3 mos inter Asian trade	usd 9,250
Bernard S	NYK
14,454dwt 1104teu (765at 14t) 19kn on 39 for 18/62 mos Feast/WCSA trading	usd 10,825/12,750
Phoenix	extn Star Feeders
15,153dwt 1048teu (751 at 14t) 18.5kn on 37.5 for further 9 mos Mid East/Red Sea	usd 10,500
Herm Kiepe	extn Dole
13,400dwt 969teu (690 at 14t) 19kn on 37 for further 12 mos Caribs trade	usd 10,400
Muenster	extn MSL
13,300dwt 910teu (703 at 14t) 19kn on 44.3 for further 15 mos Feast/SE Asia trading	usd 10,100
Asimont	RCL
15,414dwt 818teu (732 at 14t) 17kn on 31 for 24 mos interasian trade	usd 8950

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