Harper Petersen & Co – Ship brokers since 1943
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Market Report

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.