Shipping Report

TANKERS – Quieter conditions in the Med., with Aframaxes at W/S 132.5 while Suezmaxes in the same area at stable levels with the 135,000 tons of cargoes at W/S 90 out of Black Sea and W/S 80 for cross voyages. – Firmer conditions in the Cont., with the 80,000 tons of cargoes been fixed at W/S 130 while Caribs significantly higher with the 70,000-ton cargo liftings at W/S 185. – Suezmaxes steady out of W. Africa, with rates hovering around W/S 80 and VLCCs at W/S 45 irrespective of discharging areas. – In the Med., Stasco for 80,000 tons of cargo loading July 22 and for a round voyage has fixed M/T «Katja» at W/S 132.5. – On Suezmax, Itochu has fixed M/T «Marina M» for 135,000 tons of cargo loading August 5, discharging UKC / Med., at W/S 90. – In the Cont., Tintrade for 80,000 tons of cargo loading August 5, discharging USAC, has fixed M/T «Eagle Centaurus» at W/S 145. – In Caribs, Citgo has fixed M/T «Barents Sea» for 70,000 tons of cargo loading July 31, discharging US Gulf, at W/S 174. – In W. Africa, Emerald for 130,000 tons of cargo loading August 3, discharging USAC, has fixed M/T «Tromso Fidelity» at W/S 80. DRY CARGO – Very few early cargoes have been quoted for Capers, while Panamaxes are maintaining present high levels with strong demand for medium and longer T/C periods. – Handy / Handymaxes remain firm in almost all areas. – On Panamax in Far East, BHP Billiton has fixed M/V «Oinoussian Lion,» 71,662 dwt, built 1996, delivery China mid-July, trip via Indonesia, redelivery UKC/Med., at USD 15,500 daily, while Fednav has fixed M/V «Oceanic Enterprise,» 71,259 dwt, built 1995, delivery July 25-30 China for 11-13 months’ trading, at USD 15,000 daily. – In Atlantic, Hanjin has fixed M/V «Thetis,» 73,653 dwt, built 1993, delivery US Gulf August 5-15, for 6-8 months’ trading, at USD 16,800 daily and USD 360,000 ballast bonus. – On smaller sizes, Seaboard has fixed M/V «Happy Venture,» 28,600 dwt, built 1996, delivery USAC July 20-25 for 3-5 months’ trading, at USD 11,250 daily for the first 60 days and USD 9,000 daily for the balance period.

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.