Shipping Report

Market extremely quiet with VLCCs ready to fix out of Arabian Gulf with destination Far East at less than W/S 60. -W. Africa on Suezmax with minor inquiry while in Cont. Navion for 135,000 tons of cargo Mongstad/Sarroch loading November 4-6 has ideas at W/S 80-85. -Aframaxes in the Med. at W/S 140-145 with most having fixed Iranian tonnage Banias Nov. 4-6 to Venice at W/S 140. -Cont. for prompt 80,000 tons of cargoes at W/S 165 while Caribs for 70,000 tons cargo liftings still at W/S 155. -In the Med., Repsol for 80,000 tons of cargo loading Syria October 26, discharging Spain, has fixed M/T Athina M at W/S 150. -In the Continent, Western for 80,000 tons of cargo loading Oct. 28 Baltic, discharging UKIC, has fixed M/T Arendal at W/S 196. -In Caribs SPI for 70,000 tons of cargo loading Oct. 27, discharging USAC, has fixed M/T Patriot at W/S 147.5. DRY CARGO The market’s interest is still focused on Capers. -On coal cargoes Coeclerici has fixed M/V Anangel Ambition for 150,000 tons of cargo loading Nov. 10-24 S. America, discharging Portugal at USD 4.65 per ton with 2 days load and 35,000 tons discharge while Ore Ilva for 180,000 tons loading Nov. 14-21 S. Africa discharging Italy has fixed M/V Obelix I at USD 4.85 per ton with 2 days load and 40,000 tons discharge. -On Panamax in Atlantic M/V North Friendship 74,500 dwt, built 1999, delivery US Gulf end Oct., redelivery China has fixed at USD 7,250 daily and USD 130,000 ballast bonus while Bunge has fixed M/V Antonis I Angelicoussis 69,346 dwt, built 1989, delivery Spain end Oct. redelivery UKC/Med. at USD 5,900 daily. -On smaller sizes, strategic bulk carriers has fixed M/V Giem 41,025 dwt, built 1976, delivery end Oct. Argentine redelivery UKC at USD 6,500 daily. -On grain cargoes Dreyfus has fixed M/V Istria for 57,000 tons of cargo loading USAC end October, discharging UKC, at USD 8.00 per ton with 12 days all purposes while on coal cargoes Hanjin has fixed M/V Koutalianos for 160,000 tons of cargo loading November 5-19 S. Africa, discharging Rotterdam, at USD 4.90 per ton with 2 days load and 25,000 tons discharge.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.