Shipping Report

– Modern Aframax in the Med. at W/S 14-145, depending on charterers and destination. At these levels have fixed Total, Chevron, Most and Veba. – Cont. as well as Caribs remain quiet. – Very limited Suezmax cargoes in W. Africa and Continent. Dreyfus has fixed M/T Four Smile for 130,000 tons of cargo loading Nov. 11, discharging Germany at W/S 102.5. – In the Med. Chevron for 80,000 tons of cargo, loading Oct. 31 Black Sea, discharging Med., has fixed M/T Yannis M at W/S 145. – On Suezmax, Tamoil for 130,000 tons of cargo loading Oct. 28 Libya, discharging UKC/Med., has fixed M/T Erviken at W/S 100. – In Caribs, Farmland for 70,000 tons of cargo loading Oct. 25, discharging US Gulf, has fixed M/T Maria Tsakos at W/S 145. DRY CARGO Chartering activity remains unexciting everywhere but is only highlighted by increased activity in this period by the demand for Panamaxes. – Capers, in comparison, are still active while older Panamax tonnage in the Med. has a problem finding appropriate employment. – On T/C periods Oetker has fixed M/V Giant Pescadores 71,671 dwt, built 1998, delivery end Oct.-beg. Nov. Korea for 1 year period at USD 7,750 daily option, 2nd year at USD 8,750 daily. – On Capers, Kleimar has fixed M/V S.A Fortius, 172,100 dwt, built 2001, delivery end Oct. Japan trip via Australia and Turkey, redelivery Passero at USD 9,500 daily. – On Panamax in Atlantic, Koch Carbon has fixed M/V Mehmet Bey 68,788 dwt, built 1990, delivery USAC end October redelivery UKC/Med. at USD 5,500 daily and USD 100,000 ballast bonus. – On smaller sizes Fayette has fixed M/V Tate J, 43,685 dwt, built 1993, delivery end October trip via Black Sea, redelivery Singapore/Japan at USD 9,200 daily. – On grain cargoes SNTM/Hyproc for 15,000 tons of cargo loading US Gulf November 1-15, discharging Algeria, has fixed at USD 27.50 per ton with 6,000 tons load and 7,000 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.