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 3rd September, 2003

The summer ‘lull’ never really took hold, there were indeed less fixtures completed, however this was more problematic with the well known lack of available tonnage. The larger sized vessels of 2500teu+ that began this years surge, continue to press rates, however many owners are now looking to take longer charter periods, and are being fixed some 6 months prior to expected completion of present charters, shown in the fixtures of the last few weeks by NYK, MSC amongst others.

1500-2000teu sized vessels continue to stretch the market with Owners still pushing hard for the elusive $ 17,000 level with Charterers trying hard not to be the first, however with very little tonnage available in this size, the onus is still with the Owners. We understand that CMA/CGM have been busy taking B170 types for 36 months (believed for the Good Hope Express service), the Semira and Mina K at just below usd 14,000 and the B186 Hans Schulte at mid $13,000’s (although she may have been fixed slightly earlier). It is further believed that the Vulkan is on Owners subs for the same period. However the interest is course the period for such vessels, following on the 36 mos periods of Maersk fixtures of mid August with the H Freiburg & H Fyn.

Between 1000/1500teu’s again a positive market with Owners of CS1400 pushing rates higher and having already achieved $14,900 with the Nordwelle (admittedly for only 6 months), the $15,000 level will surely be reached soon. The 1000teu sizes rate levels are firmly in $9000 territory and are keenly chasing five figures.

Prospects can only be seen as positive for Owners for foreseeable future.

 

 
 
 

FIXTURES

Gearless

Germany	sublet to Yang Ming
60,350dwt 4158teu (3124 at 14t) 23.5kn on 150 celled for 4-5 mos feast trading	usd 32,000
MSC Ulsan	extn MSC
55,641dwt 4132teu (2856 at 14t) 24kn on 139 celled for 36 mos transpac trading	usd 23,500
White Sea	fixed K Line
44,750dwt 3660teu (2560 at 14t)) 24kn on 120 celled for 36 mos wwide trade	usd 26,000 daily
Conti Singa	extn MSC
44,585dwt 3469teu (2600 at 14t) 22.5kn on 102 celled for 36 mos Med/Feast trade	usd 25,750 daily
Finrose	fixed MSC
43,000dwt 3424teu (2483 at 14t) 23.3kn on 115 celled from Feb ’04 for 42 mos wwide trade	usd 23700/25500
Hansa Pacific & Hansa Atlantic	extn Maersk
62,400dwt 4565teu (3046 at 14t) 24.3kn on 166 celled 2 yr optn now extn 48/24 mos I Ocean/Asia/Feast/USWC	usd 23700/25500
German S	extn MSC
30,400dwt 2206teu (1800 at 14t) 18.5kn on 55 celled for 12 mos USEC/ECSA trading	usd 17,000 daily
Buxsund	extn MSC
23,250dwt 1687teu (1191 at 14t) 19kn on 48 celled for 1 Feast/S Afr/ECSA round	usd 16,850 daily
Katsina (ex Excelledence Container)	fixed CMA/CGM
23,850dwt 1454teu (1169 at 14t) 19kn on 49 celledfor 1 Feast/Med round	usd 14,500 daily
Lalazar	fixed EAS
13,300dwt 1022teu (700 at 14t) 16kn on 27 celled for 9 mos Korea/China trade	usd 7500 daily

Geared

Commodore	extn NYK
35,450dwt 2730teu (2020 at 14t) 23kn on 99 celled for 24 Feast/S Afr/ECSA trade	usd 22,500 daily
NordBaltic	fixed CMA/CGM
33,850dwt 2478teu (1912 at 14t) 22.8kn on 88 celled for 5 years wwide trade	usd 16,900 daily (net)
Harald S	extn Montemar
33,680dwt 2474teu (1950 at 14t) 22kn on 74 celled for further 12 mos Cont/ECSA trade	usd 22,500
Conti Malaga	fixed NYK
34,000dwt 2456teu (1780 at 14t) 21kn on 67 celled for 24 mos Feast/S Afr/ECSA trade	usd 21,500 daily net
Ems Trader	extn Hapag
34,600dwt 2442teu (1866 at 14) 21.8knon 65 celled extn Hmbg Sud for bboat 24 mos at usd 19,500 relet to 12 mos	usd 21,750
Centurion & Commander	fixed MSL
31,000dwt 2205teu (1744 at 14t) 21.3kn on 85 celled for 36 or 72 mos wwide trade	usd 16,900
Santa Federica	fixed PONL
30,135dwt 2169teu (1585 at 14t) 20kn on 51 celled for 12 mos wwide trading	usd 18250
Santa Giulietta	extn Clan
30,200dwt 2061teu (1657 at 14t) 19.5kn on 50.7 celled for 6-8 mos Feast/E-WCSA	usd 18,500
Valdivia	fixed Clan
35,200dwt 1878teu (1477 at 14t) 15kn on 31.5 conb for about 6 mos Feast/WCSA trade	usd 15,450
H Freiburg	fixed MSL
23,500dwt 1740teu (1330 at 14t) 21kn on 64 celled for 36/12 mos wwide trade	usd 14,000/15,500
Nordstar	extn MSL
23,000dwt 1730teu (1120 at 14t) 20kn on 55 celled for 18 mos Med/W African trade	usd 15,600
Semira	fixed CMA/CGM
22,900dwt 1728teu (1120 at 14t) 19.6kn on 53.5 celled for 36 mos Feast/S Africa/ECSA trade	usd 14-14,250
Mina K	fixed CMA/CGM
22,990dwt 1726teu (1120 at 14t) 19.6kn on 54.5 celled for 36 mos Feast/S Africa/ECSA trade	usd 14-14,250
Hans Schulte	fixed CMA/CGM
22,420dwt 1684teu (1100 at 14t) 20kn on 49.5 celled for 36 mos Feast/S Africa/ECSA	usd 13,500
Hansa Centaur	extn Wan Hai
21,480dwt 1647teu (1188 at 14t) 19kn on 49 celled for further 12 mos Feast/SE Asia trade period fm March 04 retro Sept 03 (giving rate back abt 16000)	usd 13,850
Ipanema	extn MSL
23,970dwt 1613teu (1250 at 14t) 20kn on 53 celled for 12/12 mos Feast trade	usd 15,500
Antje Schulte	extn MSL
22,525dwt 1608teu (1086 at 14t) 21kn on 60.5 celled for 24 mos Med trading	usd 12,750
Conti Asia	fixed Seacon
23,400dwt 1599teu (1148 at 14t) 18kn on 45 celled for 12 mos Indian Ocean trade	usd 14,700
H Fyn	fixed MSL
20,700dwt 1581teu (1065 at 14t) 20kn on 55 celled for 36/12 mos wwide trade	usd 13,500/14,500
Nordwelle	fixed MSL
20,150dwt 1388teu (1030 at 14t) 18.5kn on 45 celled for 6 mos Feast trade	usd 14,900
Bernhard Schulte	fixed MSL
20,200 1354teu (1000 at 14t) 19.5kn on 48 celled for 6 mos Med/W African trade	usd 14,900
Merkur Sea	fixed CMA/CGM
21,888dwt 1226teu (1015 at 14t) 18kn on 40 celled for Feast/W African round	usd 14,500
Mando & Mareno	fixed Costa
17,250dwt 1174teu (815 at 14t) 19.4kn on 47 celled for 24 mos USEC/Caribs/NCSA trade	usd 10,250
Cape Sable	fixed Cheng Lie
13,700dwt 1170teu (740 at 14t) 18.5kn on 38 celled for 6 mos Feast trading	usd 10,250
Jade Trader	fixed GSL
14,700dwt 1122teu (762 at 14t) 19.8kn on 42 celled for 12 mos wwide trading	usd 10,500
Alassa (nb)	fixed Melfi
12,900dwt 1102teu (675 at 14t) 20kn on 43 celled for 12 mos Med/Cuba trade	usd 9,600
Esteclipper	extn MSC
14,300dwt 1055teu (685 at 14t) 17kn on 33 celled for further 6 mos Med/Bl Sea trading	usd 9100
Cape Sorrell	extn TS Lines
13,700dwt 1055teu (760 at 14t) 18.5kn on 38 celled for 12 mos Feast trade	usd 9950
Cape Sable (sister)	fixed PONL
for 1 mos Feast trade usd 10,250 then fixed Cheng Lie for 6 mos Feast trade	usd 10,250 usd 10,250
Hansa Rostock, Hansa London and Hansa Stralsund	extn Wan Hai
12,575dwt 1016teu (636 at 14t) 17.5kn on 29 celled for further 12 mos feast trading period from March/April 04 rate retro sept 03 showing 9900	usd 8700
Grand	extn PONL
12,583dwt 1012teu (647 at 14t) 17.5kn on 29 celled further 12 mos Med feedering	usd 8950
Cape Hatteras	extn PONL
12,850dwt 923teu (620 at 14t) 18.5kn on 35 celled for 2 further USG/WCSA rounds	usd 9250
Gunay Kiran	fixed IRISL
12,855dwt 920teu (550 at 14t) 17kn on 30 celled for 6 mos Intra Asian service	usd 7900
Sayinur Yardimchi	fixed Melfi
9,650dwt 875teu (480 at 14t) 16.5kn on 23 celled for 2 Med/EC Canada/Cuba rvs	usd 7900

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