Harper Petersen & Co – Ship brokers since 1943
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Market Report

Container update 2nd September, 2004
The ‘tranquil’ summer months now appear long gone. Charterers are extremely keen to secure tonnage and are being forced to take longer periods for smaller vessels. All sizes have seen increased enquiries, and rumours continue to circulate on many unsubstantiated fixtures.

The 2000teu+ sector has once again been full of market rumours, of vessels on subjects, and possible rates and periods. Whatever has been said, the sentiment remains clearly positive for Owners, with panamax vessels being taken well into 2006, and the sub-panamax 2500 types now into 3rd quarter 2005. We heard of the 5089teu Wehr Singapore and Hong Kong ex yard 2006, taken for eight years by PONL at $30,000, and we understand that the Dauelsburg Hyundai 5000’s mentioned in our last report achieved either $31,500 for eight years or an astronomic $37,000 for five years! CSAV have managed to secure another 2500teu type namely the Nord Pacific for six years at $20,750 from July next year to join their expanding armada, approaching some thirty five vessels between 2-3000teu.

The mid ranges are now seeing a growing number of fixtures into first quarter 2005 reflecting the increasingly urgent rush to ‘secure’ tonnage already. Charterers, although preferring not too, are also having to face longer periods with four vessels having got between 30-36 months with differing charterers. NYK took the Kuru 1500 Sunman for $22,000 for 36 months, whilst two B186 types went for the same level to NYK and TS Lines for thirty months. Interestingly the Hansa Brandenburg has taken $25,000 per day for a 12 month charter extension with MSL, a rate echoing a ‘shorter’ charter.

Around 1000teu a good number of fixtures were reported with longer periods increasingly achieved. The B190 Cape Scott 1170teu fixed a fruther 36 months with PONL at $15,000. We should remember the remarkable (at the time) $16,000 level that the sister Sigrid Wehr achieved only in May for a 12 month charter. A clutch of Stadt 1100 types were extended at remarkable levels for 24 and 36 months by PONL at $14,500 and Melfi for $13,700 respectively.


 
 
 

FIXTURES

Gearless

Wehr Singapore & Wehr Hong Kong '06 PONL
67,550 dwt 5089teu (3370 at 14t)
454 reefers / 24.3kn on 150
for 8 years wwide trade
 30,000
   
Mare Caribicum & Mare Brittanicum '00 APL
52,267dwt 4038teu (3000 at 14t)
430 reefers / 25.5kn on 144
for 8 years wwide trade
 29,250
   
Sea Bright '94 GWSC
33,458 dwt 2021 teu nom (1618 at 14ts)
115 reefers / 19,0 kn on 59ts
36 mos Transpacific trade
 23,000
   
Dolores '87 CSAV
28,348 dwt 1712 teu (1353 at 14ts)
200 reefers / 19,5 kn on 61ts
ext 6 weeks FE/Safrica/ECSA trade
 26,000
   
Conti Sydney '90 PIL
23,596dwt 1597teu (1168 at 14t)
120 reefers / 18kn on 45
for 7-9 mos wwide trade
 21,500
   
Arabian Express '97 Yang Ming
18,421dwt 1473teu (1140 at 14t)
42 reefers / 18.2kn on 35
for 12 mos Feast trade
 22,250
   


Geared

Nord Pacific '03 CSAV
33,850dwt 2478 teu (1912 at 14t)
400 reefers / 22.8kn on 88
for 72 months wwide trade
 20,750
   
Conti Arabian '90 Hapag
26,058dwt 1789teu (1308 at 14t)
140 reefers / 18.7kn on 46.5
for 8-10 months Med/US trade
 23,000
   
Hansa Brandenburg '03 extn MSL
23,579dwt 1740teu (1295 at 14t)
296 reefers / 20.5kn on 58
for further 12 mos ANZDL trade
 25,000
   
Gloria '01 extn CSAV
22,900 dwt 1730 teu nom (1125 at 14ts)
250 reefers / 20,0 kn on 54,5ts
36 mos Cont/Wafrica/Ecsa trade
 21,000
   
Mare Ibericum '94 NYK
22,494dwt 1697teu (1100 at 14t)
170 reefers / 19.5kn on 46
for 30 months wwide trade
 22,000
   
Sunman '95 NYK
23,970dwt 1613teu (1250 at 14t)
206 reefers / 20kn on 53
for 36 mos wwide trade
 22,000
   
Helvetia '96 TS Lines
20,084dwt 1518teu (1118 at 14t)
150 reefers / 20kn on 51
for 30 mos Feast trade
 22,000
   
Thor Captain '83 (Conbulker) Seacon
25,085 dwt 1320 teu nom (1034 at 14ts)
64 reefers / 15,0 kn on 30ts
12 mos Feast trade
 17,000
   
Taurus J '02 extn MSL
18,837dwt 1200teu (935 at 14t)
289 reefers / 19.5kn on 44
for further 24 mos Med trade
 14,900
   
Cape Scott '97 extn PONL
13,700dwt 1170teu (740 at 14t)
90 reefers / 18.5kn on 38
for further 36 mos SE Asia/E Africa trade
 15,000
   
Nordsky '90 MSL
14,190dwt 1158 teu (684 at 14t)
125 reefers / 17kn on 31
for 24 mos wwide trade
 15,000
   
Nordsun '91 MSL
14,190dwt 1158 teu (684 at 14t)
125 reefers / 17kn on 31
ext 6-8 mos ww trade
 15,900
   
Weser Trader '95 Costa
14,700dwt 1122teu (762 at 14t)
150 reefers / 19.8kn on 42
for 36 months t/a?? trade
 14,500
   
Doros '05 Sea Freight
12,920dwt 1102teu (675 at 14t)
200 reefers / 20kn on 43
for 36 mos USG/NCSA trade
 13,750
   
Stadt Munchen '99 extn PONL
12,920dwt 1102teu (650 at 14t resp)
160 reefers / 20kn on 43
for further 24 months WC Mex/WCSA
 14,500
   
Lania '02 extn PONL
12,920dwt 1102teu (675 at 14t)
200 reefers / 20kn on 43
for further 24 months WC Mexico/WCSA
 14,500
   
Stadt Flensburg & Pirsos '03 extn Melfi
12,920dwt 1102teu (675 at 14t)
200 reefers / 20kn on 43
for further 36 months Med/Canada/Cuba
 13700
   
Marcommander '83 PONL
14,180dwt 1033teu (700 at 14t)
100 reefers / 17kn on 30
for 22 months Med trade
 13,900
   
Roerborg '90 extn UFS
10,345dwt 907 teu (633 at 14t)
98 reefers / 17kn on 37
for further 4 mos Med trade
 14,500
   
Cape Canet '99 TS Lines
11,400dwt 834teu (590 at 14t)
80 reefers / 18.5kn on 33
for 7 mos Feast trade
 15,250
   
Box Oslo '00 extn BTL
9,865dwt 797teu (508 at 14t)
157 reefers / 18kn on 32
for further 18 mos Indian Ocean trade
 11,500
   

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