Shipping Report

TANKERS Mediterranean market with greater activity, with fresh inquiry, mainly out of the Black Sea. Rates are already reported at W/S 112.5, while the last known fixtures are in the range of W/S 100-105 for 80,000-ton cargoes. – North Sea more active, with a number of trans-Atlantic deals. The 100,000-ton cargoes out of Primorsk are still being fixed at W/S 105, while on 80,000-ton cargoes, Murphy has fixed M/T «N. Torinita,» loading August 8-10 UK, discharging UKC, at W/S 100. – In Caribs, rates are lower than were last done. – Ursa has fixed M/T «Zirku» for 70,000 tons of cargo, loading August 3 Panama, discharging US Gulf, at W/S 167.5, while BP, for same cargo, loading August 3 Colombia, with same destination, has fixed M/T «Shetland Spirit» at W/S 170. – On smaller sizes, Conoco, for 50,000 tons of cargo, loading July 27, discharging USAC-US Gulf, has fixed M/T «Ikaros» at W/S 250. – Suezmax rates also are moving upward. Sun out of West Africa, in replacing a VLCC cargo, has fixed two Suezmaxes for 130,000 tons of cargo each at W/S 130. – In the Mediterranean, due to activity out of the Black Sea, rates have moved to W/S 120. – On VLCCs out of West Africa, rates at W/S 85 and W/S 75 for West and East destinations respectively. – In the Mediterranean and on Aframaxes, OMV, for 80,000 tons of cargo, loading end-July Libya, discharging Italy, has fixed M/T «Delta Captain» at W/S 105. – On Suezmaxes, Irving has fixed M/T «SCF Caucasus» for 135,000 tons of cargo, loading July 28 UK, discharging East Coast Canada, at W/S 100. – In the Cont., Repsol has fixed M/T «British Cormorant» for 80,000 tons of cargo, loading August 6 UK, discharging Spain, at W/S 105. – In West Africa, OMV, for 130,000 tons of cargo, loading August 9, discharging Italy, has fixed M/T «Genmar Phoenix» at W/S 110. DRY CARGO Outlook remains gloomy on Capers and Panamaxes. – In Far East and on Capers, BHP Billiton has fixed M/V «Alpha Era,» 170,397 dwt, built 2000, delivery China Aug. 4, for Australian round-trip at USD 21,000 daily. – Same charterers have fixed M/V «Cape Saturn,» 175,000 dwt, built 2003, delivery China July 24-25, for Australian and Suez round-trip voyage, redelivery Atlantic, at USD 20,000 daily. – On Panamaxes in Far East, Cargill has fixed M/V «Genco Beauty,» 73,600 dwt, built 1999, del. China Aug. 1-3, redelivery Far East, at USD 10,750 daily. – In Atlantic, Sinochart has fixed M/V «Patya Bulker,» 75,926 dwt, built 2004, delivery Brazil beg. Aug., redelivery Far East, at USD 19,000 daily and USD 425,000 ballast bonus.

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.