Shipping Report

TANKERS Stable conditions in the Med. on Aframaxes, though there are some signs of weakness. – Latest fixtures for 80,000-ton cargoes on round-trip voyages at W/S 345-350, while Suezmaxes still at W/S 255 for Med. trips and W/S 265-270 for cargoes out of the Black Sea. – Cont. still at W/S 260-265, with Murphy having fixed M/T «Vancouver Spirit» for 80,000 tons of cargo, loading March 28 Norway, discharging UKC, at W/S 265. – W. Africa quieter on Suezmaxes but rates are still holding above W/S 182.5 with a number of fixtures also on VLCCs. CPC has fixed M/T «Sunlight Jewel» for 260,000 tons of cargo, loading April 21, discharging Taiwan, at W/S 100. – In the Med., Stasco has fixed M/T «Astro Sirius» for 80,000 tons of cargo, loading mid-March Egypt, discharging USAC, at W/S 285. – In Arabian Gulf, Exxonmobil has fixed M/T «Hyundai Star» for 260,000 tons of cargo, loading April 5, discharging Far East, at W/S 145. DRY CARGO Rates on Handies/Handymaxes continue to firm for N. Atlantic tonnage. Market remains also firm for US Gulf loads. Clipper has fixed M/V «Samsun Earnest,» 33,024 dwt, built 1986, delivery Venezuela March 15-30, trip via US Gulf, redelivery Portugal, at USD 12,000 daily. – Stable conditions in Capers, with Taipower having fixed M/V «Cape Africa» for 130,000 tons of cargo, loading S. Africa April 5-18, discharging Taiwan, at USD 12.49 per ton with 2-day load and 24,000 tons’ discharge, while Noble on ore cargoes has fixed M/V «Lowlands Glory» for 160,000 tons of cargo, loading April 5-15 Brazil, discharging China, at USD 14.25 per ton with 2-day load and 25,000 tons’ discharge. – On T/C, Coscobulk has fixed M/V «Irfon,» 165,628 dwt, built 1996, delivery April 1-10 China for 12 months’ trading, at USD 19,500 daily. – On Panamax in Far East, Dreyfus has fixed M/V «El Flamenco,» 69,351 dwt, built 1989, delivery Taiwan March 11-12, trip via East Coast S. America, redelivery Far East, at USD 11,750 daily. – In Atlantic, Pan Ocean has fixed M/V «Sincere Nova,» 71,982 dwt, built 1998, delivery Brazil March 14-18, redelivery Far East, at USD 15,500 daily and USD 350,000 ballast bonus. – On smaller sizes, SK Shipping has fixed M/V «Top Wisdom,» 47,180 dwt, built 1997, delivery Japan end March, redelivery Far East, at USD 10,500 daily.

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.