ECONOMY

Shipping Report

TANKERS Market are at steady levels irrespective of sizes and areas. – In the Med. Aframaxes still at W/S 110-112.5 while in the Cont. rates are still around W/S 85. – W. Africa on Suezmaxes and for 130,000 tons of cargoes at W/S 62.5-65 and W/S 70 for US Gulf/USAC and Cont. respectively. – In the Continent Emerald for 135,000 tons of cargo loading Feb. 23 N. Sea discharging USG/USAC has fixed M/T «Front Ardenne» at W/S 65 / 67.5 respectively. – In the Med., Noc for 80,000 tons of cargo loading Feb. 23 Libya discharging Italy has fixed M/T «Histria Prestige» at W/S 112.5. – In the Continent. Esso Pet for 80,000 tons of cargo loading Feb. 17 UK discharging UKC has fixed M/T «Fosna» at W/S 85. – In Caribs, Equiva for 70,000 tons of cargo loading Feb. 17 East Coast Mexico discharging US Gulf has fixed M/T «Eurydice» at W/S 105. – In W. Africa Ultramar for 130,000 tons of cargo loading Feb. 26 discharging East Coast Canada has fixed M/T «Olympic Flair» at W/S 70. DRY CARGO The Capes are on the move in the East with more cargoes and fixtures. Their index in reciprocation has moved up by another 7 points, totaling 1135. – Panamax in the Atlantic at more demand especially for short T/C periods. Cargill has fixed M/V «Chang Ho» 80,146 dwt, built 2000, delivery 5-10 March Germany for 5-7 months period at USD 8,000 daily. – On Capers Pioneer has fixed M/V «Prima II» 136,211 dwt, built 1981, delivery Passero Feb. 5-10 trip via Brazil redelivery China at USD 6,450 daily. – On Panamax in Far East Kline has fixed M/V «Celeste» 68,427 dwt, built 1981, delivery Taiwan Feb. 20-25 trip via S. China redelivery Japan at USD 5,500 daily. – In Atlantic Cosbulk has fixed M/V «Wadi Sudr» 64,214 dwt, built 1994, delivery US Gulf March 1-5 redelivery Far East at USD 7,100 daily and USD 120,000 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.