Shipping Report

TANKERS Mediterranean rates remain steady with a fair amount of inquiry and with Black Sea voyages and cross-Mediterranean at W/S 187.5 and W/S 175, respectively. – North Sea still weak with prompt tonnage looking for Mediterranean and even Black Sea cargoes while the 100,000 tons out of Baltic are still fixed at W/S 130. – Caribbean is quiet due to Independence day in the USA. – Suezmaxes steady with West Africa at W/S 120 for the 130,000 tons of cargoes while on Vlccs cssa for 260,000 tons of cargo loading July 27 discharging US Gulf/UKC-Mediterranean, has fixed M/T Golden Victory at W/S 82.5 – 85 and 87.5, respectively. – On Aframax in the Mediterranean, Lukoil for 80,000 tons of cargo loading July 12 Russia discharging Mediterranean, has fixed M/T Kareela Spirit at W/S 180. – In the Continent, Chevron for 80,000 tons of cargo loading July 11 UK discharging UKC has fixed M/T Sarpen at W/S 120. DRYCARGO The Capers are holding their own in the Atlantic with much more business been quoted. However, most of the cargoes are destined for the Far East. – Transfield has fixed M/V Quorn 179,869 dwt, delivery Passero beg. July trip via Brazil redelivery Far East at USD 48,000 daily. – In the East M/V Maria A. Angelicoussi 169,163 dwt, built 2001, delivery China beginning July trip via West Coast Canada redelivery Japan was fixed at USD 22,000 daily. – On Panamaxes market remains quiet in the Atlantic with a number of vessels in ballast looking for cover out of South America. – There is a report that an lme type has been fixed for a transatlantic voyage at USD 18,350 daily while Panocean has fixed M/V Pole 73,048 dwt, built 1997, for delivery Passero trip via Brazil redelivery Far East, at USD 25,000 daily. – On Panamax in Far East Mosk has fixed M/V Jupiter Applause 69,123 dwt, built 1997, delivery July 20-25 China for 8-10 months trading at USD 20,000 daily. – In the Atlantic Azure has fixed M/V Danae 75,300 dwt, built 2005, delivery Netherlands beginning July trip via East Coast S. America redelivery UKC, at USD 19,000 daily. – On smaller sizes, Emr has fixed M/V Tolhuaca 42,000 dwt, built 1985, delivery July 7-13 at Rotterdam trip via UKC and redelivery East Mediterranean, at USD 23,000 daily. – On coal cargoes, Ilva for 120,000 tons of cargo loading in Australia July 20-20 and discharging Italy has fixed M/V Luciana Della Gatta at USD 15.00 per ton with 40,000 tons load and 30,000 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.