Shipping Report

Carbs market was very active yesterday, with more than 14-16 Aframax fixtures at W/S 160 level. -Med. market remains steady at W/S 140. Lukoil is quoting a cargo on October 8-9 out of Tuapse and EXXON out of LA Skhirra on October 11-12. – Cont. remains very quiet with the 80,000 tons of cargoes fixed at W/S 132.5. – On Suezmax, rates out of W. Africa at W/S 95 and in the Med. at W/S 97.5-100. – In the Med., Sibneft for 80,000 tons of cargo loading October 6 Black Sea, discharging Med., has fixed M/T Atalandi at W/S 135, while API for same cargo quantity loading October 7 Egypt, discharging Italy, has fixed M/T Enalios Nireus at W/S 120. – In the Continent, EXXON for 80,000 tons of cargo loading October 1 for UKC, round voyage, has fixed M/T Alfa America at W/S 137.5. – In Caribs, Chevron for 70,000 tons of cargo loading October 6 east coast Mexico, discharging US Gulf, has fixed M/T Genmar Gabriel at W/S 160. DRY CARGO Very little of substance is reported in the Cape market east or west of Suez, while their index moved downward by 7 points. – Bocimar has fixed M/V Nord-Craft for 150,000 tons of coal loading S. Africa early October, discharging Spain, at USD 5.60 per ton. – Quiet conditions in Atlantic for the Panamaxes also, with some describing the market as featureless. A downbeat mood also prevails in the Pacific as Chinese, Taiwanese and Korean holidays will be observed. – On Panamax in Far East, Marifan has fixed M/V Sea Maid, 74,000 dwt, built 2001, delivery end September Thailand, for 2-3 legs redelivery UKC, at USD 7,500 daily. – In Atlantic, Grant has fixed M/V Wadi Alarab, 64,124 dwt, bult 1995, delivery end September, for 2 legs trip via Black Sea, redelivery UKC/Med., at USD 6,650 daily. – On coal cargoes, Enron for 150,000 tons of cargo, loading end September Colombia, discharging Rotterdam, has fixed M/V Vasco Da Gama at USD 3.75 per ton with 50,000 ton 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.