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Monday, November 30, 2009

The Daily Fixtures Report - 27/11/2009


-------------------------

BDI 3974 (DOWN 145)
BCI 6353 (DOWN 346)
BPI 3868 (DOWN 168)
BSI 2446 (DOWN 15)
BHSI 1137 (UP 5)

TIMECHARTER

'Medi Lausanne' 2006 83002 dwt  dely Hong Kong 27/30 Nov  trip via Indonesia redel China $36500 daily - Chinese chrtr 'Bulk Brasil' 2008 82499 dwt  dely Shanghai 27/30 Nov  trip via EC Australia redel Far East $35000 daily - cnr 'Triton Osprey' 2007 81448 dwt  dely Qingdao 1/7 Dec  trip via Vancouver redel S.Korea int grain $33000 daily - Hanjin 'Geosand' Louis Dreyfus relet 2005 74444 dwt  dely Jintang 30 Nov/5 Dec trip via NoPac redel Singapore-Japan rge $29500 daily - Cargill 'Riruccia' 1997 74002 dwt  dely Tilbury ppt  trip via N.France & Egypt redel Cape Passero $37000 daily - STX Pan Ocean 'Suerte' 1995 72515 dwt  dely Guangzhou ppt  trip via Indonesia redel S.Korea $38000 daily - S.Korean chrtr 'Theoforos I' 1987 67395 dwt  dely Ulsan 3/7 Dec  trip via NoPac redel S.Korea $25000 daily - Louis Dreyfus 'Magpie' 1982 64818 dwt  dely Qingdao 30 Nov/3 Dec  trip via Indonesia redel China int bauxite $15500 daily - Winning 'Gem of Mumbai' 1981 61796 dwt  dely Kemen ppt  trip via Indonesia redel S.China $24000 daily - S.Korean chrtr 'July M' 2005 55567 dwt  dely WC India 1/10 December  trip redel China approx $30000 daily - cnr 'Ocean President' 2001 50913 dwt  dely Nemrut Bay 28/30 November  trip redel Singapore-Japan $37500 daily - Diler 'Sea Lavender' 2002 50326 dwt  dely Aden end November  trip via Red Sea redel WC India $25500 daily - cnr 'Gao Qiang' 1998 45766 dwt  dely aps Canakkale 29 Nov/5 Dec  trip via Black Sea redel Singapore-Japan $32000 daily - Fayette -  and corrects delivery> 'Argyroula' 1997 26516 dwt  dely retro Bejaia 25 Nov trip via Continent & Red Sea redel Port Said $13000 daily - Medmar

PERIOD

'Navios Phoenix' newbuilding 180000 dwt  dely ex yard Imabari 22/25 Dec
11/13
months trading redel worldwide $40000 daily - Classic Maritime 'Ocean Road' Louis Dreyfus relet 2009 180000 dwt  dely PMO 1/10 Dec 11/13 months trading redel worldwide $42000 daily - Classic Maritime 'Lowlands Nello' 2004 76830 dwt  dely Rotterdam 8/12 Dec 11/13 months trading redel worldwide $34250 daily - PCL 'Ayse Aksoy' 1995 45694 dwt  dely Cristobal early December 3/5 months trading redel Atlantic approx $25000 daily - cnr

ORE

'Genco Maximus' Cargill relet 2009 170000/10 Port Hedland/Qingdao 20/30 Dec $16.50 fio scale/30000sc - BHP Billiton 'Constantia' Swiss Marine relet 1996 170000/10 Port Hedland/Qingdao 20/30 Dec $16.50 fio scale/30000sc - BHP Billiton 'Successor' NCS relet 2007 160000/10 Dampier/Qingdao 7/16 Dec $18.50 fio scale/30000sc - Rio Tinto - 'Oldendorff TBN' 57000/10 bauxite Kamsar/Aughinish 3/9 Dec $19.75 fio 24000sc/15000sc - Rual

COAL

'Antonis G.Pappadakis' 1995 70000/10 Hampton Roads/Ijmuiden 10/16 Dec
$20.95 fio
5 days sc - Corus
'TBN' 60000/10 Colombia/Jorf Lasfar 18/19 Dec $24.00 fio 40000sc/22000sc - BCM

GRAIN
'Leros' 1985 30000/10 wheat Odessa/Spanish Med 14/18 Dec $20.00 fio 6000/10000
- Dreyfus

Tuesday, November 24, 2009

The Daily Fixtures Report - 23/11/2009


-------------------------

BDI 4423 DOWN 84
BCI 7343 DOWN 199
BPI 4376 DOWN 48
BSI 2482 DOWN 5
BHSI 1097 UP 9

TIMECHARTER
'Clara' 2006 77073 dwt  dely Haldia 30 Nov/5 Dec  trip via India redel China $36000 daily - STX Pan Ocean 'Double Prosperity' 2005 76633 dwt  dely Rotterdam 27/30 Nov  trip via Mo-I-Rana redel Ijmuiden $40500 daily - Norden 'Maritime Bagui' 2006 76300 dwt  dely Mobile ppt  trip via US Gulf redel Eregli $37000 daily + $675000 bb - Oldendorff 'Great Loyalty' 2009 75600 dwt  dely Xingang 2/7 Dec  trip via NoPac redel Singapore-Japan rge $35500 daily - cnr 'Glyfada 1' 2009 75600 dwt  dely Shanghai 25/29 Nov  trip via Indonesia redel Japan $40000 daily - NYK 'Acena' 2001 75200 dwt  dely Ghent 29/30 Nov  trip via Black Sea redel China $41000 daily - Aquavita 'Theotokos' 1984 72000 dwt  dely WC india 1/6 Dec  trip redel China $36000 daily
- cnr
'Tai Honesty' 2007 55418 dwt  dely Kandla end November  trip redel China $29000 daily - cnr 'IDC Diamond' 2006 53400 dwt  dely Colombo spot  trip via Brazil redel India-PMO $24000 daily - Renuka - 'IDC Pearl' 2002 52343 dwt  dely Bayuquan 23/27 November  trip via south East Asia redel Singapore-Japan approx $25250 daily - Korean charterer 'Trogir' 2001 44000 dwt  dely dop Djen Djen end November  trip via USGulf redel Singapore-Japan int scrap $25750 daily - Cargill 'Drake' 1985 42842 dwt  dely dop Durban prompt trip via ECSouth America redel PMO-Japan rge $28000 daily - cnr

PERIOD
'Aquabeauty' Cosco Hong Kong relet 2003 171010 dwt      -  Grand China
Shipping failed>
'Tian Bai Feng' 2005 75845 dwt  dely Tanjung Bara 25/29 Nov 4/6 months trading redel worldwide $33500 daily - cnr 'North Princess' 1996 71290 dwt  dely Qinzhou 25/29 Nov 11/13 months trading redel worldwide $23500 daily - Klaveness

ORE
'TBN' 160000/10 Dampier/Qingdao 3/12 Dec $20.00 fio scale/30000sc - Rio Tinto

Monday, November 23, 2009

Daily Summary of Baltic Exchange Dry Indices 20 November 2009

 

Baltic Exchange Dry Index TM 4507 (DOWN 154)

Baltic Exchange Capesize Index TM 7542 (DOWN 514)

Baltic Exchange Panamax Index TM 4424 (DOWN 29)

Baltic Exchange Supramax Index TM 2487 (UP 15)

Baltic Exchange Handysize Index TM 1088 (UP 13)

Daily Summary of the Baltic Exchange Time Charter Routes

  Rate($/Day) Change

BCI

Average of the T/C routes $81575 (DOWN 5543)

BPI

Average of the T/C routes $35597 (DOWN 222)

BSI

Average of the T/C routes $26009 (UP 162)

BHSI

Average of the T/C routes $15703 (UP 195)

Baltic Exchange Panamax Index     4424     (DOWN 29)

Route

Number Description Weighting Average Movement

P1A_03 74000mt Transatlantic RV 25 38700 -363

P2A_03 74000mt SKAW-GIB/FAR EAST 25 45995 -607

P3A_03 74000mt Japan-SK/Pacific/RV 25 37609 174

P4_03 74000mt FAR EAST/NOPAC-AUST/SK-PASS 25 20083 -92

Average of the T/C Routes 35597 -222

Baltic Exchange Supramax Index     2487     (UP 15)

Route

Number Description Weighting Average Movement

S1A Antwerp - Skaw Trip Far East 12.5 36971 127

S1B Canakkale Trip Far East 12.5 36438 418

S2 Japan - SK / NOPAC or Australia rv 25 25720 -59

S3 Japan - SK Trip Gib - Skaw range 25 12936 219

S4A US Gulf - Skaw-Passero 12.5 41929 329

S4B Skaw-Passero - US Gulf 12.5 15421 99

Average of the T/C Routes 26009 162

The route(s) below do not form part of the index calculation

S5 W.Africa via ECSA to FarEast 0 32543 560

S6 Jpn-SK trip via Aus/India 0 25563 163

S7 EC India - China 0 26735 -86

S8 Trial - Indonesia - EC India 0 24938 188

Baltic Exchange Handysize Index     1088     (UP 13)

Route

Number Description Weighting Average Movement

HS1 Skaw - Passero trip Recalada - Rio de Janeiro 12.5 14750 93

HS2 Skaw - Passero trip Boston - Galveston 12.5 12542 121

HS3 Recalada - Rio de Janeiro trip Skaw - Passero. 12.5 19756 606

HS4 US Gulf trip via US Gulf or NCSA to Skaw - Passero 12.5 22975 275

HS5 SE Asia trip via Australia to Singapore - Japan 25 14150 75

HS6 S Korea - Japan via NOPAC to Singapore-Japan 25 13650 157

Average of the T/C Routes 15703 195

+++

Tuesday, November 17, 2009

Dry Cargo Fixtures 17th November 2009

TIME CHARTER

Iron Queen (built 1996, 161,183 dwt) delivery Fangcheng 20/22 Nov trip via Richards Bay redelivery Skaw-Cape Passero $41,000 daily — Cargill

Ore Hansa (built 2006, 82,295 dwt) delivery Dunkirk 22/24 Nov trip via Nouadhibou redelivery Continent $40,000 daily — Cargill

Lucky Sunday (built 2007, 80,372 dwt) delivery Amsterdam 26/28 Nov trip via USEC redelivery Singapore—Japan rge $46,000 daily — Sino East

Atlantic Breeze (built 2004, 76,267 dwt) delivery Hansaport 19/23 Nov trip via Murmansk redelivery UKC $40,000 daily — Cobelfret

Cemtex Venture (built 2006, 73,546 dwt) delivery Nantong 17/24 Nov trip via east coast Australia redelivery China $30,500 daily — BHP Billiton

Khorasan (built 2000, 72,642 dwt) delivery Rotterdam 20/24 Nov trip via Baltic redelivery China $39,000 daily — Charterer not reported

Jag Arnav (built 1995, 71,122 dwt) delivery Haldia 18/21 Nov trip via east coast India redelivery China $35,000 daily — Charterer not reported

Jin Pu Hai (built 1996, 69,970 dwt) delivery Taichung 15/17 Nov trip via Indonesia redelivery Taiwan $30,500 daily — Triumph Carriers Ltd.

GO Faith (built 1984, 65,125 dwt) delivery PMO ppt trip via west coast India redelivery China $35,000 daily — Oldendorff

Prabhu Parvati (built 2003, 56,060 dwt) delivery Krishnapatnam 18/22 November trip via west coast India redelivery China $28,000 daily — Charterer not reported

Jin Cheng Cargill relet (built 2003, 52,961 dwt) delivery Luoyuanwan 17/19 November trip via Australia redelivery China $27,000 daily — Charterer not reported

Jin Quan (built 2002, 51,104 dwt) delivery Hazira spot trip redelivery China $28,000 daily — Charterer not reported

Tern (built 2003, 50,209 dwt) delivery Krishnapatnam 17/19 November trip redelivery China $23,000 daily — Charterer not reported — corrects rate of report 13/11

Mare Doro (built 1985, 42,628 dwt) delivery Black Sea spot trip via Gulf of Aden redelivery Singapore—Japan $27,000 daily — STX Pan Ocean

Hanjin Marugame (built 2008, 28,343 dwt) delivery Lianyungang 16/18 Nov trip via Nopac redelivery Singapore—Japan rge $13,000 daily — Charterer not reported — added the rate from earlier report

PERIOD

CHS World (built 2006, 174,232 dwt) delivery Far East ppt 11/13 months trading redelivery worldwide $38,000 daily — Louis Dreyfus

Tai Promotion (built 2004, 77,834 dwt) delivery Lanshan 17/20 Nov 5/7 months trading redelivery worldwide $28,000 daily — Transgrain

Ecosand GO (built 2008, 76,239 dwt) delivery Singapore—Japan rge 10 Dec/10 Jan 11/13 months trading redelivery worldwide $22,000 daily — Morgan Stanley

Maritime Baqui (built 2006, 76,465 dwt) delivery Ijmuiden spot 4/6 months trading redelivery worldwide $36,000 daily — GMI

Ever Shining (built 1999, 74,346 dwt) delivery Guangzhou 25/27 Nov 3/4 months trading redelivery worldwide $30,000 daily — Charterer not reported

Goldbeam Trader (built 2001, 74,247 dwt) delivery Bin Qasim 18/20 Nov 4/6 months trading redelivery worldwide $28,000 daily — Grand China Shipping

Lian Hua Feng (built 2002, 73,901 dwt) — reported 13/11 the charterer is Klaveness

Shropshire (built 2009, 57,000 dwt) delivery PMO 22/27 November 4/6 months trading redelivery worldwide $23,000 daily — Pacbasin

Bulk Neptune (built 2009, 55,657 dwt) delivery Beilun end November 3/5 months trading redelivery worldwide $22,000 daily — Charterer not reported

Gourniati STX Pan Ocean relet (built 1996, 28,387 dwt) delivery Japan 20/25 Nov 4/6 months trading redelivery Far East approx $13,000 daily — Hudson

ORE

Cape Saturn (built 2003), 160,000/10 West Australia/ Qingdao 1/14 Dec $18.85 fio scale/30,000sc — Noble — fixed towards the end of last week

MISC

Genco Explorer (built 1999), 30,000/10 bulk ferts Klaipeda/Terneuzen 22/24 Nov $17.00 fio 6,000 sc/6,000 sx — De Witt

Tasman Sea (built 2001), 25,000/05 bulk urea Riga/Buenaventura 18/22 Nov $48.50 fio 6,000sc/3,000sc — Ameropa — recent

Pacific panamax rates set to surge to ‘dizzying heights’

星期二 17 十一月 2009

PACIFIC panamax owners revelled in an “incredible” week after charter rates surged to higher and higher levels on the back of a flurry of coal fixtures from Australia and Indonesia, writes Keith Wallis in Hong Kong.

“It’s really been an incredible week — there is no stopping the Pacific panamax sector,” said a Hong Kong-based broker who preferred to remain nameless.

He thought north Pacific round trip rates would push past $35,000 per day by the end of this week, while backhaul rates from the Far East to the European continent would nudge $19,000 per day.

“The Atlantic basin is strengthening which is giving support for backhaul charter rates,” he said.

The broker added: “I doubt backhaul rates will hit $20,000 per day this week, but it’s a strong possibility for next week.”

A Shanghai-based broker agreed and pointed out: “It’s been a storming week. Owners are having it all their own way. Charterers have no option but to accept owners’ rate levels.”

He added: “There is nothing on the horizon to slow what appears to be an inexorable rise to further dizzying heights in panamax rates. If anything, continuing bad weather in eastern and northern China will worsen congestion and make the availability of Pacific panamax tonnage even tighter.”

The broker added that with capesize charter rates also soaring to higher levels charterers would soon start splitting capesize cargoes into two panamax stems.

“That will put pressure on what are already sizzling panamax rates,” he said.

This came as rates for a north Pacific voyage topped $32,950 per day yesterday, up more than $5,000 on the week, while daily backhaul rates were up to $17,700, the highest levels since the financial crash last September, according to data from the Baltic Exchange.

The Shanghai broker said Australia’s BHP Billiton was particularly active along with Taiwan’s China Steel Express after fixing a raft of coal cargoes.

The BHP fixtures included the 2001-built, 74,401 dwt Amira which was taken on a voyage from eastern Australia to China at $29,500 per day and the younger and larger 2004-built, 76,629 dwt Maribella for a similar voyage at $32,500 per day.

The China Steel Express charters included the 2002-built, 74,374 dwt Alpha Melody which was fixed for a coal cargo from eastern Australia to Taiwan at $31,500 per day.

The steelmaker paid a higher rate of $34,000 per day to fix the 82,000 dwt newbuilding F D Isabella for a similar eastern Australia to Taiwan voyage.

Brokers said soaring spot rates had put more life back into the period market.

“There is a lot of interest from charterers for one and two year deals, but owners are being more circumspect and while there is some interest in 11-13 month charterers most owners continue to favour short periods,” said the Hong Kong-based broker.

He added that rates for a four to six month charter with Pacific delivery are at similar levels to spot rates at around $33,000-$34,000 per day.

“Locking in a six month charter at these levels gives owners earnings visibility if the market sours early in the new year,” the broker said.

BALTIC DRY BULK INDEX 16 Nov 2009

Baltic Dry Index 4220 +109

Baltic Capesize Index 7326 +143

Baltic Panamax Index 4091 +113

Baltic Supramax Index 2257 +110

Baltic Handysize Index 985 +15

HANDYMAX INDEX 2440 (+147) 16 Nov 2009

16/11/09 13/11/09 ROUTE $  $

Antwerp - Skaw Trip Far East
32000
32000

Canakkale Trip Far East
31000
31000

Japan - SK / NOPAC or Australia rv
22000
19000

Japan - SK Trip Gib - Skaw range
10250
9000

Antwerp - Skaw Trip US Gulf
12500
12500

USG Trip Skaw - Passero
34000
32000

Weighted average
21750
20438

Index basis: 45,000 dwt bulk carrier max 15 years, 25 t cranes with nil grabs, 14k/29.5 ifo, no diesel at sea

SUPRAMAX INDEX 3463 (+108) 16 Nov 2009

16/11/09
13/11/09

ROUTE
$
$

Canakkale via B. Sea to Spore-S.Jpn
34000
34000

US Gulf to Skaw-Passero
37000
36000

Fareast to Atlantic
11000
9750

to make Australia to India
22000
21250

Average 4TCs
26000
25250

Friday, November 13, 2009

BALTIC DRY BULK INDICES 12 Nov 2009

Baltic Dry Index
3954 +206

Baltic Capesize Index
6848 +456

Baltic Panamax Index
3877 +90

Baltic Supramax Index
2085 +64

Baltic Handysize Index
944 +26

HANDYMAX INDEX 2209 (+42) 12 Nov 2009

12/11/09 11/11/09

ROUTE $ $

Antwerp - Skaw Trip Far East 32000 32000

Canakkale Trip Far East 31000 30000

Japan - SK / NOPAC or Australia rv 18000 17750

Japan - SK Trip Gib - Skaw range 8500 8250

Antwerp - Skaw Trip US Gulf 11500 11500

USG Trip Skaw – Passero 30000 29000

Weighted average 19688 19313

Index basis: 45,000 dwt bulk carrier max 15 years, 25 t cranes with nil grabs, 14k/29.5 ifo, no diesel at sea

SUPRAMAX INDEX 3235 (+41) 12 Nov 2009

12/11/09 11/11/09

ROUTE $ $

Canakkale via B. Sea to Spore-S.Jpn 34000 33000

US Gulf to Skaw-Passero 34000 34000

Fareast to Atlantic 9250 9000

to make Australia to India 20250 20250

Average 4TCs 24375 24063

Dry Cargo Fixtures 星期五 13 十一月 2009

TIME CHARTER

Bulk Hong Kong (built 2006, 180,230 dwt) delivery retro Qingdao 3 Nov trip via Brazil & PG redelivery PMO $55,000 daily — Cargill

Ocean Camelot (built 2007, 177,000 dwt) delivery Gijon 21/25 Nov trip via Brazil redelivery Far East $95,000 daily — Charterer not reported

Harmonious (built 2007, 174,234 dwt) delivery Nantong 18/20 Nov trip via West Australia redelivery China $80,000 daily — RTS

Capri (built 2001, 172,529 dwt) delivery PMO 25/27 Nov trip via Brazil & PG redelivery PMO approx $71,000 daily — Oldendorff

Pacific Fortune (built 2004, 171,095 dwt) delivery Rotterdam 29/30 Nov trip via Brazil redelivery UK $72,000 daily — Bunge

Heythrop (built 1996, 165,729 dwt) delivery Rizhao 16/18 Nov trip via West Australia redelivery China $72,500 daily — RTS

China Act (built 1995, 151,688 dwt) delivery UK 1/10 Dec trip via Brazil or Nouadhibou redelivery China $75,000 daily — Cosbulk

Hebei Rainbow (built 1983, 82,513 dwt) delivery Fangcheng 11/13 Nov trip via Indonesia redelivery Singapore—Japan rge $23,000 daily — Charterer not reported

Epson Trader I (built 2009, 82,331 dwt) delivery Malta 15/18 Nov trip via NC South America redelivery Med $32,000 daily — CTP

Leonardo Lembo (built 1996, 75,437 dwt) delivery Xiamen 14/17 Nov trip via Indonesia redelivery S.Korea $31,000 daily — SW Shipping

Alpha Harmony Bunge relet (built 2001, 74,492 dwt) delivery PMO 18/25 Nov trip via west coast India redelivery Japan $32,000 daily — PCL

Aspendos (built 2003, 73,975 dwt) delivery PMO 17/20 Nov trip via west coast India redelivery Far East $35,000 daily — Oldendorff

Tian Zhu Feng (built 2000, 74,200 dwt) — reported 11/11 for a NoPac round at $31,500 the charterer is Clipper

Little Prince (built 2001, 74,133 dwt) delivery aps US Gulf 9/16 Dec trip redelivery Singapore—Japan rge approx $41,000 daily + $825,000 — Cargill

Lowlands Julian (built 2004, 73,613 dwt) delivery aps NC South America 22/24 Nov trip redelivery Skaw—Cape Passero int coal $32,000 daily — Eitzen

Global Challenger (built 1996, 73,218 dwt) delivery CJK 14/20 Nov trip via Indonesia redelivery Japan $27,000 daily — Shinwa — fixed 10/11

Genco Surprise (built 1998, 72,495 dwt) delivery Tanjung Bin 17/20 Nov trip via Indonesia redelivery China $35,000 daily — Charterer not reported

Great Luck (built 1998, 71,399 dwt) delivery Kaohsiung 17/19 Nov trip via Australia & PG redelivery psg Aden southbound abt 55 days $35,000 daily — STX Pan Ocean Dubai

Apostolos (built 1995, 70,119 dwt) delivery Nordenham 15/20 Nov 2 laden legs via Colombia/Jorf Lasfar redelivery Skaw—Cape Passero $32,000 daily — Norden

Jin Pu Hai (built 1996, 69,970 dwt) delivery Taichung 15/20 Nov trip via Indonesia redelivery China $30,000 daily — Charterer not reported

Aowisdom (built 1988, 68,355 dwt) delivery Taishan 15/20 Nov trip via Indonesia redelivery S.Korea $28,000 daily — SW Shipping

Turnberry Glory Bunge relet (built 1987, 68,308 dwt) delivery La Corunna 19/21 Nov trip via Kamsar redelivery San Ciprian $30,000 daily — Cobelfret

Theodoros P (built 1980, 64,957 dwt) delivery South Korea 15/20 Nov trip via Indonesia redelivery South Korea $10,500 daily — SW Shipping

Vassilios II (built 1987, 64,944 dwt) delivery Shanghai 15/25 Nov trip via Indonesia redelivery S.China $20,500 daily — Oldendorff

Frontier Angel (built 2001, 52,478 dwt) delivery Haldia mid November trip redelivery China $30,000 daily — Charterer not reported

Kang Fu (built 2002) non—grabber 51,069 dwt delivery Paradip mid November trip redelivery China $20,000 daily — Charterer not reported

Storm Ranger (built 1995, 45,744 dwt) delivery US Gulf mid November trip redelivery East Med approx $31,000 daily — Windrose

Ayia Marina (built 1984, 38,816 dwt) delivery Saldanha Bay spot trip via east coast South America redelivery Cont/Med approx $12,800 daily — Cargill

Springwood (built 1984, 37,694 dwt) delivery aps or passing Maputo end Nov/ely Dec trip via South Africa redelivery Sea of Marmara $12,000 daily — Cargill

Seaglass 11 (built 2008, 29,124 dwt) delivery Matarani 25/30 Nov trip redelivery Singapore—Japan rge $21,000 daily — Charterer not reported

PERIOD

Kingsail ex Brilliant Arc (built 2002, 177,643 dwt) delivery South Korea 20/22 Nov 22/25 months trading redelivery worldwide $30,000 daily — Bunge — recent

Torm Pacific (built 2009, 77,000 dwt) delivery Zhanjiang spot 4.5/6 months trading redelivery worldwide $28,500 daily — BHP Billiton

Wen Zhu Hai (built 2008, 76,611 dwt) delivery North China 14/28 Nov 4/6 months trading redelivery worldwide $28,500 daily — Charterer not reported

Alpha Melody (built 2002, 74,475 dwt) delivery Zhuhai spot 23/25 months trading redelivery worldwide $19,000 daily — Glencore

Goldbeam Trader (built 2001, 74,247 dwt) delivery Bin Qasim 18/20 Nov 4/6 months trading redelivery worldwide $28,000 daily — Charterer not reported

Vela (built 2007, 53,565 dwt) delivery South Africa end November 11/13 months trading redelivery worldwide approx $19,000 daily — Carbofer

Global Ocean (built 1997, 45,600 dwt) delivery west coast Italy spot 11/13 months trading redelivery worldwide approx $16,750 daily — Norden

Livanita (built 1997, 45,426 dwt) delivery Chennai 25/30 November 8/10 months trading redelivery worldwide $16,500 daily — Scandinavian charterer

Vereina (built 2008, 27,112 dwt) delivery Farsund prompt 4/6 months trading redelivery Atlantic $14,500 daily — Charterer not reported

ORE

Xinwang Hai (built 2003) 170,000/10 Port Hedland/Qingdao 1/10 Dec $17.70 fio scale/30,000sc — BHP Billiton

CIC Elli S (built 2003, 160,000/10 Dampier/Qingdao 24/30 Nov $18.00 fio scale/30,000sc — Noble

BAUXITE

Great Intelligence (built 2000) 58,000/10 bauxite Kamsar/San Ciprian 19/25 Nov $19.00 fio 24,000sc/15,000sc — Elcano

COAL

Vessel to be nominated, 60,300/10 Puerto Prodeco/La Spezia 26 Nov/5 Dec $29.50 fio 15,000sc bends — Elcano

Baltic Dry Index 13th Nov 2009


4111  +157 Baltic Capesize Index
7183 +335 Baltic Panamax Index
3978 +101 Baltic Supramax Index
2147 +62 Baltic Handysize Index
970 +26 

HANDYMAX INDEX 2209 (+42) 13 Nov 2009

13/11/09
12/11/09

ROUTE
$
$

Antwerp - Skaw Trip Far East
32000
32000

Canakkale Trip Far East
31000
30000

Japan - SK / NOPAC or Australia rv
18000
17750

Japan - SK Trip Gib - Skaw range
8500
8250

Antwerp - Skaw Trip US Gulf
11500
11500

USG Trip Skaw - Passero
30000
29000

Weighted average
19688
19313

Index basis: 45,000 dwt bulk carrier max 15 years, 25 t cranes with nil grabs, 14k/29.5 ifo, no diesel at sea

SUPRAMAX INDEX 3235 (+41) 13 Nov 2009

13/11/09
12/11/09

ROUTE
$
$

Canakkale via B. Sea to Spore-S.Jpn
34000
33000

US Gulf to Skaw-Passero
34000
34000

Fareast to Atlantic
9250
9000

to make Australia to India
20250
20250

Average 4TCs
24375
24063

Rates set to break $100,000 barrier

CONTINUED steady demand for iron ore and coal cargoes is set to push daily capesize freight rates past the $100,000 level this week on the largest shipping route, from Brazil to China, writes Michelle Wiese Bockmann.

Brokers said major iron ore producers in Australia continued to book capesize bulk carriers on the spot market, while increased volumes of coal shipped from South Africa to Europe also soaked up scarce tonnage.

Voyage rates to transport coal on capesize bulk carriers from the South African port of Richards Bay to Rotterdam hit $22.50 per tonne, matching levels seen briefly during the last market surge in June. Transatlantic round voyages hit $81,869 per day, while the fronthaul rate was at $98,231.

“Whichever way you turn, it all seems to be pretty positive at the moment,” said a London-based broker.

Underpinned by Chinese steelmakers’ demand for imported iron ore, average capesize rates have gained nearly $16,000 per day over the last week, and more than tripled in the last seven weeks, closing at nearly $77,000 per day on Friday.

“There’s no end to demand coming from Western Australia to China [shipping route] which has really driven the market,” said a broker.

“We’ve seen all the major iron ore producers such as BHP Billiton, Rio Tinto and Fortescue active, and they don’t seem to be stopping at the moment. Even today [Friday] Rio Tinto is still active, and although BHP Billiton has quietened down a bit, they’re still sniffing around.”

BHP Billiton has booked nine capesizes this month, and Rio Tinto seven, according to the Baltic Exchange fixture list.

But coupled with surging transatlantic trades, few vessels in the 930-strong fleet of capesizes are immediately available for charter, lifting prices paid on the spot market.

“There is no immediate sign of slowdown in this market,” said a Europe-based shipping analyst.

The paper market was also buoying the spot market,with contract values for the first quarter of 2010 prompting interest for charters for periods of five to seven months’ duration.

Deals were priced at between $57,500 per day and $60,000 per day, with growing interest in chartering for longer periods of up to a year. First-quarter capesize derivatives contracts were trading as high as $47,500 per day on Friday, jumping 27% over the last week.

The bull run comes despite a deteriorating supply backdrop, with more 750 capesizes ordered at Asian shipyards, including 573m dwt scheduled for delivery in 2010.

Although bulk commodities trades are expected grow as Asian steel production recovers further, the surge in new ships is expected to outstrip demand and depress rates.

Iron ore trades are forecast to grow 11% to 988m tonnes in 2010, according to London broker Clarksons, while metallurgical coal imports will rise 6% to 219m tonnes and thermal coal 3% to 588m.

“We think this run is going to continue into [this] week, it’s a bit hard to read it beyond there,” said another broker.

Once major iron ore producers and speculators retreated from the underlying physical market, FFA profit-takers might influence rates to tip downwards, he said.

Tuesday, November 10, 2009

The Daily Fixtures Report - 10/11/2009


-------------------------

BDI 3615 UP 135
BCI 6113 UP 349
BPI 3684 UP 72
BSI 1958 UP 41
BHSI 903 UP 12

TIMECHARTER
'SG Prosperity' 1997 211000 dwt  dely China 20/23 Nov  trip via West Australia redel China $66000 daily - cnr 'Brave Haralambos' 2009 180000 dwt  dely retro Nagoya 4 Nov  trip via West Australia redel China $65000 daily - BHP Billiton 'Tianshunhai' 2000 171681 dwt  dely ex drydock Shanghai 10/15 Nov  trip via West Australia redel China $58000 daily - BHP Billiton 'Irfon' 1996 165729 dwt  dely retro Bayuquan 5 Nov  trip via West Australia redel China $53000 daily - Rio Tinto 'Erradale' 1994 163554 dwt  dely Qingdao 18/20 Nov  trip via West Australia redel China approx $52500 daily - STX Pan Ocean 'Huitai'  Rizzo-Bottiglieri-De Carlini Armatori Spa 1996 149228 dwt  dely Sines
22/28 Nov  trip via Brazil redel Far East $66000 daily - 'K' Kine 'Welview' 1989 94303 dwt  dely psg Shanghai 16/27 Nov  trip via Black Sea redel China $20000 daily - Richstone 'Kamsar Gold' 2006 82981 dwt  dely Xintang 15/29 Nov  trip via EC Australia redel India $27000 daily - Jaldhi 'Sakonnet' obo 1993 80000 dwt  dely Hamburg 9/14 Nov  trip via Baltic redel Fos $31000 daily - Norden 'Hao Ying' 2002 76634 dwt  dely Taichung 16/18 Nov  trip via Hay Point redel India $29500 daily - Eitzen 'Botafogo' 2001 76623 dwt  dely Wakayama spot  trip via EC Australia redel Singapore-Japan rge $30000 daily - cnr 'Kalliopi L' 2001 76500 dwt  dely Bin Qasim 17/26 Nov  trip via Richards Bay redel Skaw-Cape Passero $16000 daily - cnr 'Seawind' 1996 74012 dwt  dely Lanshan 22/24 Nov  trip via NoPac redel Singapore-Japan rge $26000 daily - Louis Dreyfus 'Marigo P' 2001 73810 dwt  dely Tianjin 16/22 Nov  trip via NoPac redel Far East $25550 daily - cnr 'Wadi Alarab' 1995 70114 dwt  dely Ennore 9/15 Nov trip via ECIndia redel China $29000 daily - cnr - 'Neelam' 1989 68395 dwt  dely Guangzhou 6/8 Nov  trip via US Gulf redel China $21000 daily - MDS Freight and Trading 'Furness London' 2006 53472 dwt  dely Nigeria 9/10 November  trip via Brazil redel South Africa $21000 daily - Cargill - 'Anassa Ioanna' 2003 53125 dwt  dely USGulf end Nov/ely Dec  trip redel Singapore-Japan approx $43000 daily - cnr 'Spar Draco' 2006 53000 dwt  dely Tuticorin mid November  trip via WC India redel China approx $24000 daily - cnr 'Sanko Galaxy' 2005 52980 dwt  dely dop Newark 15/17 November  trip redel Singapore-Japan $33500 daily - Korea Line 'Cetus Star' 2004 33773 dwt  dely Guangzhou 10/15 Nov trip via Australia & Kuwait redel PMO $13500 daily - STX Pan Ocean 'Arosa' 2002 20001 dwt  dely Agadir 17/22 Nov trip via Continent redel West Africa $12500 daily - Empros Lines

PERIOD
'Houston' newbuilding 177000 dwt  dely ex yard SWS 15/25 Nov 4/6 months trading redel worldwide approx $52500 daily - Starbulk 'C.March' 1995 151053 dwt  dely Caofeidian 15/25 Nov 4.5/6.5 months trading redel worldwide $40000 daily - Swiss Marine 'Betis' 2004 76801 dwt  dely Shanghai mid Nov 11/13 months trading redel worldwide $21000 daily - Italian chrtr 'Coral Diamond' 2007 76596 dwt  dely Genoa 15/17 Nov 5/7 months trading redel worldwide $30500 daily - Proline 'Maritime Baqui' 2002 76400 dwt  dely Ijmuiden 15/17 Nov 11/13 months trading redel worldwide $25000 daily - Oldendorff 'CIC Piraeus' 2001 76296 dwt  dely China mid Dec 11/13 months trading redel worldwide $20500 daily - Klaveness 'CMB Sakura' 2006 75765 dwt  dely Xingang end Nov 5/7 months trading redel worldwide $26000 daily - Danzas 'Avax' 2006 75398 dwt  dely China mid Dec 2 years trading redel worldwide $18500 daily option further year $20000 daily - Morgan Stanley 'Voge Prosperity' Rizzo-Bottiglieri- De Carlini Armatori Spa relet1995 75100 dwt  dely Jintang 15/25 Nov min 4/abt 6 months trading redel Far East $25000 daily - Transgrain 'Iron Man' 1997 72861 dwt  dely Tanjung Bin 20/24 Nov 5/7 months trading redel worldwide $26000 daily - European chrtr

ORE
'Cosbulk TBN' 160000/10 Tubarao/Qingdao 20/30 Dec $36.00 fio scale/30000sc - Louis Dreyfus 'MOSK TBN' 160000/10 Seven Islands/Rotterdam 20 Nov/5 Dec $15.75 fio 5 days sc - Rogesa 'Xin Sheng Hai' 1989 160000/10 Dampier/Qingdao 20/30 Nov $16.50 fio scale/30000sc - Rio Tinto 'Welmountain' 1989 150000/10 Itaquai/Qingdao 15/20 Dec $36.00 fio scale/30000sc
- cnr

COAL
'Cape Oceania' 1994 160000/10 Richards Bay/Rotterdam 19 Nov/3 Dec $20.00 fio scale/25000sc - Cargill 'Aquacharm' 2003 160000/10 Puerto Bolivar/Hadera 28 Nov/5 Dec $25.75 fio 50000sc/25000sc - NCSC

Monday, November 09, 2009

The Daily Fixtures Report - 09/11/2009


------------------------

BDI 3480 UP 87
BCI 5764 UP 181
BPI 3612 UP 56
BSI 1917 UP 29
BHSI 891 UP 6

TIMECHARTER
'Tian Shun Hai' Cosco Qingdao relet 2000 171000 dwt  dely Shanghai 14/20 Nov trip via Australia redel China $58000 daily - Bhp Billiton 'Naxos Warrior' 1990 149989 dwt  dely north China 15/25 Nov trip via India redel China $40000 daily - Chinese charterers 'Alam Padu' 2005 87052 dwt  dely Piombino prompt trip via US east coast redel UK/Continent $35000 daily - Transbulk - 'Giuseppe Rizzo' 2004 77684 dwt  dely South West Pass 20/22 Nov trip redel China $42500 daily + $825000 bb - CTP 'Mining Star' 2005 76225 dwt  dely Paradip 9/10 Nov trip via ECIndia redel China approx $23000 daily - Noble 'Medi Rotterdam' 2002 75735 dwt  dely Hazira 13/15 Nov trip via WCIndia redel China $29000 daily - cnr 'Lotus Sun' 1995 73556 dwt  dely Valencia prompt trip via USGulf redel Singapore-Japan rge $41500 daily - Cargill 'Theotokos' 1984 71242 dwt  dely retro Kaohsiung 4 Nov trip via WCIndia redel China $15000 daily - cnr 'Hanjin New Orleans' 1994 70337 dwt  dely Kwangyang 14/17 Nov trip via Nopac redel Singapore-Japan rge $24500 daily - cnr 'Wadi Alarish' 1994 70087 dwt  dely Nagoya 16/20 Nov trip via Vancouver intention sulphur redel China $25500 daily - cnr C.Young' 1988 69344 dwt  dely Qingdao 16/20 Nov trip via USGulf redel China $20000 daily - Cosbulk 'Vanessa Oldendorff'1994 69087 dwt  dely Taiwan 16/20 Nov trip via Indonesia redel Far East $27500 daily - cnr 'Wadi Alarab' 1995 64214 dwt  dely Ennore 9/15 Nov trip via ECIndia redel China $29000 daily - cnr 'Furness London' 2006 53472 dwt  dely Nigeria 9/10 November  trip via Brazil redel South Africa $22000 daily - Cargill 'Prabhu Daya' 2001 52822 dwt  dely Hazira 15/17 November  trip redel China $24000 daily - cnr 'Tai Happiness' 2004 52686 dwt  dely Mawan 11-20 November period until min
22
Dec 2009 max 22 Jan 2010 redel worldwide $19000 daily - Isaphia (Singapore) Pte Ltd 'Ince Marmara' 2008 28352 dwt  dely Lagos 11/17 Nov trip via Vila do Conde redel Norway $10250 daily - Elkem -

PERIOD
'RBD Capri' 2008 76619 dwt  dely Korea 24/27 Nov 5/7 months trading redel worldwide $25000 daily - cnr 'Euro Trader' 2009 76500 dwt  dely Yangjiang 15/20 Nov 4/6 months trading redel worldwide $26000 daily - cnr 'Navios Hyperion' 2004 75707 dwt  dely Pohang 8/10 Nov 4/6 months trading redel worldwide $24500 daily - Cargill - 'Diamond Seas' Eastern Ocean relet 2001 74274 dwt  dely Passero 22/24 Nov bop upto 2 Apr/2 May 2010 redel worldwide approx $31000 daily - STX Pan Ocean 'Darya Radhe' 1999 73705 dwt  dely Kandla 20/22 Nov 40/80 days trading redel worldwide $28500 daily - Oldendorff 'Edfu' 1997 71572 dwt  dely Fangcheng 14/20 Nov 2/4 months trading redel worldwide $25000 daily - European chrtr 'Alam Mesra' 2000 46644 dwt  dely Vera Cruz mid November 3/5 months trading redel worldwide approx $27000 daily - Cargill

ORE
'Zosco newbuilding' 170000/10 Port Hedland/Qingdao 2/10 Dec approx $15.15 fio scale/30000sc - BHP Billiton 'FMG Matilda' 2008 160000/10 Ponta da Madeira/Qingdao 20/29 Nov $38.00 fio scale/30000sc - Korea Line -

Friday, November 06, 2009

The Daily Fixtures Report - 06/11/2009


-------------------------

BDI 3393 UP 58
BCI 5583 UP 102
BPI 3556 UP 76
BSI 1888 UP 33
BHSI 885 UP 5

TIMECHARTER
'Nord Steel' 2007 180310 dwt  dely ex drydock Shanghai 17/20 Nov  trip via Australia redel China $56000 daily - Classic Maritime 'Pitsa D' 2002 170188 dwt  dely Qingdao 12/14 Nov  trip via Australia redel China $52500 daily - BHP Billiton 'Alpha Cosmos' 1999 169770 dwt  dely Taicang 16/18 Nov  trip via Brazil redel Singapore-Japan rge $47500 daily - Cargill 'Sealink Prosperity' 1984 161449 dwt  dely ex drydock Shanghai 10/12 Nov trip via San Nicolas redel China $40000 daily - Shourong 'Marco' 2009 81200 dwt  dely Haldia 12/20 Nov  trip redel China $29000 daily - Jaldhi 'Navios Orbiter' 2004 76602 dwt  dely Jintang 9/11 Nov  trip via Newcastle redel Japan $29500 daily - 'K' Line 'Nord Fortune' 2008 76596 dwt  dely Qingdao 15/17 Nov  trip via Newcastle redel Japan $25800 daily - Shinwa 'Pansolar' 2005 76300 dwt  dely PMO 13/15 Nov  trip via Richards Bay redel Continent $16250 daily - Swiss Marine 'Elpis' GMI relet 2001 75169 dwt  dely Hong Kong 5/8 Nov  trip via Indonesia redel Skaw-Cape Passero $15000 daily - Cargill 'Tian Song Feng' 2000 74275 dwt  dely PMO spot  trip via WC India redel China $27000 daily - Oldendorff 'Tian Hua Feng' 2001 73996 dwt  dely Shanghai 8/10 Noc  trip via NoPac redel Far East $28000 daily - cnr 'Darya Radhe' 1999 73705 dwt  dely Kandla 20/22 Nov 40/80 days trading redel worldwide $27500 daily - Oldendorff 'Ju Da' 2005 73600 dwt  dely PMO 9/11 Nov  trip via WC India redel China $26500 daily - Oldendorff 'Delray' 1994 71862 dwt  dely Aughinish 20/22 Nov  trip via USEC redel Skaw-Cape Passero $31000 daily - Louis Dreyfus - 'Princess Natalie' 1989 70242 dwt  dely aps Fangcheng 15/20 Nov  trip redel US Gulf $7500 daily - Klaveness 'Wadi Alarab' 1995 70000 dwt  dely Ennore 9/15 Nov  trip via EC India redel China $29000 daily - Psons
'Trident Endeavour' 1996 69091 dwt      -
'Thor Harmony' 2002 47110 dwt  dely Cigading 5/8 Nov trip via Indonesia intention iron ore redel China $16000 daily - Whim Star 'Steller Kite' 1995 45327 dwt  dely Cape Passero 11/13 Nov trip via Brazil redel Hamburg-Passero rge $15000 daily - Bunge 'Arcadia' 1995 41499 dwt  dely Port Klang 13/18 Nov trip via Indonesia intention coal redel China $15500 daily - Whim Star 'Apex Bulker' 2003 32729 dwt  dely Point Lisas prompt trip redel Norway $18500 daily - WBC 'Ince Marmara' 2008 28352 dwt  dely Lagos 11/17 Nov trip via Vila do Conde redel Norway $11000 daily - Elkem 'Global Purity' 2009 28050 dwt  dely retro Bangkok 5 November trip via Australia redel south China $11150 daily - cnr

PERIOD
'Pascha' 2006 83000 dwt  dely Montoir 11/13 Nov 4/6 months trading redel worldwide $33500 daily - Oldendorff 'Tai Prosperity' Fratelli D'Amato relet 2005 77600 dwt  dely Kaohsiung Dec
2009
11/13 months trading redel worldwide $21500 daily - cnr 'Panstar' 2005 76500 dwt  dely N.China in d/c ely Dec 11/13 months trading redel worldwide $20000 daily - Rio Tinto - 'Maritime Putian' 2000 73652 dwt  dely Sasebo 6/13 Nov 4/6 months trading redel worldwide $24750 daily - Swiss Marine 'Themis P' 1994 70165 dwt  dely Toyama 14/18 Nov bop 9/11 months trading redel worldwide $21000 daily - Ocean Land

ORE
'TBN' 160000/10 Ponta Da Madeira/Qingdao 1/10 Dec $37.00 fio scale/30000sc - Cara Shipping - 'Xin Sheng Hai' 1989 160000/10 Dampier/Qingdao 20/30 Nov $14.75 fio scale/30000sc - Rio Tinto

COAL
'Battersea' Vitol relet 2009 155000/10 Puerto Bolivar/Rotterdam + options
20/29
Nov $21.35 fio 50000sc/35000sc - J.Aron
'TBN' 65000/10 Baltimore/Swinoujscie 10/25 Nov $26.50 fio 25000sc/30000sc - ArcelorMittal

Thursday, November 05, 2009

The Daily Fixtures Report - 05/11/2009


-------------------------

BDI 3335 UP 40
BCI 5481 UP 41
BPI 3480 UP 82
BSI 1855 UP 22
BHSI 880 UP 4

TIMECHARTER
'C.Blossom 2009 179000 dwt  dely ex yard Ulsan 12/14 Nov  trip via Australia redel China $52000 daily - RTS 'Zheng Teng Hai' 2009 178000 dwt  dely Rizhao 3 Nov  trip via Peru redel China approx $53000 daily - Shourong - 'Lowlands Phoenix' 2004 177036 dwt  dely Zhoushan 5/7 Nov  trip via Australia redel China $55000 daily - RTS 'Atlantic Legend' Rizzo-Bottiglieri-De Carlini Armatori Spa relet 2009
82658 dwt
dely Redcar 12/23 Nov 2/3 laden legs redel Atlantic $34000 daily - Oldendorff 'Dimitris Apesakis' 2009 82190 dwt  dely Kaohsiung 6/13 Nov  trip via Philippines redel Japan int Sinter ore $28000 daily - NYK 'Searose G' 1993 79915 dwt  dely Hamburg ppt  Baltic or Murmansk round redel Skaw-Cape Passero $34500 daily - Oldendorff 'Four Earth' 1984 77078 dwt  dely Cape Passero 10/17 Nov  trip via US Gulf or NC South America redel Skaw-Cape Passero $27000 daily - cnr 'Ariana' TMT relet 2005 76631 dwt  dely S.Japan 6/8 Nov  trip via NoPac redel China $27000 daily option US Gulf/China $25000 daily - Chinese chrtr 'Lady Maria Luisa' Giuseppe Bottiglieri relet 2007 76500 dwt  dely Tanjung Bin
12/15 Nov  trip via Indonesia redel Hong Kong $30500 daily - Norden 'Chris' EdF relet 2006 76500 dwt  dely Jintang 11/13 Nov  trip via Indonesia redel Far East $22000 daily - Oldendorff 'Sea of Harmony' TMT relet 2001 76400 dwt  dely Fos spot  tri via USEC redel Far East via Cape of Good Hope $38500 daily - PCL 'Baltia' 2005 75776 dwt  dely Nagoya 12/19 Nov  trip via Indonesia redel Taiwan $22500 daily - cnr 'Red Iris' 2003 75730 dwt  dely Fuzhou 9/16 Nov  trip via Newcastle redel China $27000 daily - cnr 'Tian Tong Feng' 2001 74275 dwt  dely CJK 7/14 Nov  trip via NoPac redel China $24500 daily - Louis Dreyfus 'Torm Anholt' 2004 74195 dwt  dely Nagoya 14/21 Nov  trip via EC Australia redel Singapore-Japan rge $27000 daily - cnr 'Calm Seas' 1999 74047 dwt  dely Zhuhai 13/15 Nov  trip via EC Australia redel China $25000 daily - Farenco 'Pacific Paradise' 1993 73645 dwt  dely Huangpu 10/12 Nov  trip via EC Australia redel Far East $25000 daily - cnr 'Lotus Sun' 1995 73556 dwt  dely Valencia 5/10 Nov  trip via US Gulf redel Singapore-Japan rge $38500 daily - CTP 'Vinalines Global' 1994 73350 dwt  dely Mundra ppt  trip via WC India redel China $26000 daily - Uniwell 'Brugge Max' 1998 73056 dwt  dely Liverpool 12/19 Nov  trip via St.Lawrence & Iran redel PMO $45000 daily - Bunge 'Drin' 1996 73036 dwt  dely Pohang 13/15 Nov  trip via NoPac redel Singapore-Japan rge $24000 daily - Louis Dreyfus 'New Leader' 1996 72073 dwt  dely PMO 13/15 Nov  trip via Bandar Abbas redel China $28000 daily - cnr 'Fu Da' 1997 71330 dwt  dely retro Yokohama 25 Oct  trip via US Gulf redel China $25000 daily - Hyundai Merchant Marine 'Theotokos' 1984 71242 dwt  dely Kaohsiung 4/10 Nov  trip via Indonesia redel WC India $16000 daily - cnr 'Mass Glory' 1993 69555 dwt  dely Cape Passero 6/10 Nov  trip via Baltimore redel Continent $27000 daily - Cobelfret 'Trident Endeavour' 1996 69091 dwt  dely Mokpo 10/12 Nov  trip via US Gulf redel Far East $23750 daily - cnr 'Li Shan Hai' 1992 64910 dwt  dely Hong Kong 12/14 Nov  trip via Indonesia redel Singapore-Japan rge $21000 daily - cnr 'Qatar Spirit' 2009 57000 dwt  dely Taiwan 10/12 November  trip via Indonesia redel India approx $18500 daily - Eitzen 'Triton Bulker' Rizzo-Bottiglieri De Carlini Armatori Spa 2009 56000 dwt dely Gibraltar 9/15 Nov 2/3 laden legs redel Atlantic $24000 daily - Komrowski 'Kang Cheng' 2004 55541 dwt  dely dop Point Comfort 15/20 November  trip via USGulf redel Skaw/Passero approx $32500 daily - D'Amico 'Jin Mao' 2009 55000 dwt  dely Oshima mid November  trip via Nopac redel Singapore-Japan approx $19500 daily - Korean charterer 'Borak' 2009 53100 dwt  dely South China 6/8 November  trip via Indonesia redel EC India $16000 daily - cnr 'Anastasia S' 2004 52808 dwt  dely S.Japan 12/15 November  trip via Nopac redel Singapore-Japan $19000 daily - WBC 'Vinca' 2006 52447 dwt  dely aps North coast south America mid November trip redel Continent approx $29250 daily - Norden 'Pacific Career' 1993 43415 dwt  dely Vishakapatnam 6/10 November  trip redel China $17000 daily - cnr 'Seminole Princess' 1997 29518 dwt  dely Bejaia prompt trip via Black Sea & Djibouti redel Port Said $14750 daily - cnr 'Thetis' Suisse Atlantique relet 2004 28432 dwt  dely Cadiz prompt trip via France redel West Africa $16000 dailly - cnr

PERIOD
'Kesaria' 2009 82190 dwt  dely Kawasaki 10/12 Nov 4/6 months trading redel worldwide $25000 daily - cnr 'Fortune Clover' 2006 77430 dwt  dely China 10/12 Nov 4/6 months trading redel worldwide $25500 daily - Norden 'Belgrano' 2004 76759 dwt  dely PMO 8/14 Nov 5/7 months trading redel worldwide $24000 daily - Practica 'Torm Pacific' 2009 76000 dwt  dely Zhanjiang 9/11 Nov 4/6 months trading redel worldwide $24500 daily - Etizen Bulk Carriers 'Pride of Indore' Cosbulk relet 1996 75339 dwt  dely Dunkirk 11/15 Nov 4/6 months trading redel worldwide $33250 daily - Golden Ocean 'Bulk Panagea' 1999 73729 dwt  dely Sakaide 6/10 Dec two years trading redel worldwide $18000 daily - cnr 'White Diamond' 2008 53538 dwt  dely South China 9/15 November 3/5 months trading redel worldwide $17000 daily - STX Pan Ocean 'Tai Happiness' 2004 52686 dwt  dely Taiwan December 2009 2 years trading redel worldwide approx $16000 daily - STX Pan Ocean 'CK Glory' 2003 49406 dwt  dely North Brazil 4/6 months trading  redel worldwide approx $24000 daily - WBC 'Falcon Traveller' 1994 26441 dwt  dely Bremen 15/20 Nov 70/110 days trading redel Atlantic $14250 daily - cnr

ORE
'TBN' 160000/10 Saldanha/Qingdao 1/15 Dec $24.00 fio scale/30000sc - Kumba -

'Cosco TBN' 160000/10 Dampier/Qingdao 15/24 Nov $13.90 fio scale/30000sc - RTS -

Wednesday, November 04, 2009

The Daily Fixtures Report - 04/11/2009


-------------------------

BDI 3295 UP 48
BCI 5440 UP 46
BPI 3398 UP 119
BSI 1833 UP 20
BHSI 876 UP 3

TIMECHARTER
'Corinthian Phoenix' 2009 179000 dwt  dely Xingang spot  trip via EC Australia redel Singapore-Japan $53000 daily - NSS 'Mineral China' 2003 171995 dwt  dely retro Rizhao 24 Oct  trip via Brazil redel China $51000 daily - cnr 'SC Lotta' 2009 171000 dwt  dely Al Jubail 6/10 Nov  trip via Ponta Da Madeira redel China $55000 daily - STX Pan Ocean
'Sanko Oasis' 1995 161192 dwt      -  daily and the charterer is Louis
Dreyfus>
'Princess Nadia' 1987 152328 dwt  dely Shanghai 14/16 Nov  trip via Abbots Point redel S.Korea approx $40000 daily - SK Shipping 'Iron Brothers' 1991 151511 dwt  dely Kaohsiung 10/17 Nov  trip via Ubu redel Cigading $45500 daily - HMM 'Road Runner' Deiulemar relet 1993 147048 dwt  dely Yantai 5/10 Nov  trip via Dalrymple Bay redel South Korea $41000 daily - Hanjin 'Federico II' 2009 92330 dwt  dely Algeciras 13/20 Nov  trip via USEC redel Skaw-Cape Passero $35000 daily - Glencore 'Coal Hunter' GMI relet 2006 82769 dwt  dely Continent 6/10 Nov  trip via Baltic redel UKC $36500 daily - Swiss Marine 'Agios Konstantinos' 2004 76629 dwt  dely Yosu ppt  trip via US Gulf redel Far East $21000 daily - Louis Dreyfus 'Red Lily' 2004 76606 dwt  dely Hoping ppt  trip via Newcastle redel Japan $27000 daily - Daiichi 'Captain Diamantis' Pioneer Navigation relet 2000 75000 dwt  dely Zhangjiang
13/15 Nov  trip via Indonesia redel S.China $25000 daily - STX Pan Ocean 'Yong Tai' 2000 74060 dwt  dely Ningbo 8/12 Nov  trip via NoPac redel Far East $23500 daily - cnr - 'Kind Seas' Deiulemar relet 2000 72493 dwt  dely Yuzhnyy ppt  trip via Black Sea redel Far East $46000 daily - Vista Shipping 'Oinoussian Lion' 1996 71662 dwt  dely Jorf Lasfar 9/12 Nov 2 laden legs 1st Kamsar/Port Alfred redel Skaw-Cape Passero $33000 daily - Cobelfret 'B Indonesia' 1990 70424 dwt  dely psg Canakkale 5/10 Nov  trip via Black Sea redel China $39000 daily - Richstone 'Yialia' 1980 62185 dwt  dely Paradip 8/10 Nov  trip via  EC India redel China $18000 daily - cnr 'Ocean Pearl' 2004 55557 dwt  dely Mumbai 20/25 November  trip redel China $25000 daily - cnr 'Armeria' 2003 48104 dwt  dely aps North coast South America spot  trip redel Cont approx $29000 daily - ED&F Man Shipping - 'Expander' 2000 46634 dwt  dely USGulf mid November  trip redel Singapore-Japan approx $35000 daily - Hudson 'Northern Light' 2007 28415 dwt  dely Amsterdam spot trip via Baltic redel UK/Continent $10000 daily - Atlantic Coal and Bulk 'Falcon Traveller' 1994 26441 dwt  dely Rotterdam prompt trip via Baltic redel UK/Continent $11500 daily - Atlantic Coal and Bulk -

PERIOD
'Kyla Shipping TBN' newbuilding 92000 dwt  dely ex yard Sundong 2nd quarter 2010
3 years trading redel worldwide $17750 daily option 1 option 1 year rnr - Sempra/nominee 'Navios Star' 2002 76620 dwt  dely Taiwan 25/27 Nov 11/13 months trading redel worldwide $20000 daily - Eitzen 'Coral Diamond' 2007 76596 dwt  dely Genoa 15/20 Nov 11/13 months trading redel worldwide $24500 daily - Norden 'Golden Kiji' 2006 76500 dwt  dely Port Kelang 8/12 Nov 4/6 months trading redel worldwide $24000 daily - BHP Billiton 'Alexandra' 2001 74756 dwt  dely Cape Passero 25/30 Nov 5/8 months trading redel worldwide $30000 daily - Kristiania Marine Ltd 'Elinakos' 1997 73751 dwt  dely PMO 5/10 Nov 4/6 months trading redel worldwide $26000 daily - GMI 'V-Rod' 1995 73506 dwt  dely La Coruna 7/12 Nov 4/6 months trading redel worldwide $30000 daily - Eitzen 'Tai Prize' 2001 73000 dwt  dely Worldwide 1/30 Jan 23/25 months trading redel worldwide $18000 daily - cnr

ORE
'Anangel Ambition' 1994 160000/10 West Australia/China 17/26 Nov $14.25 fio scale/30000sc - Morgan Stanley
'Bulk Africa' 2002  /    -  Noble>

Baltic Dry Index Nov 3rd 2009

Baltic Dry Index
3185
+82

Baltic Capesize Index
5256
+209

Baltic Panamax Index
3210
+60

Baltic Supramax Index
1813
-7

Baltic Handysize Index
869
+2

Dry Cargo Fixtures

TIME CHARTER

China Steel Responsiblity (built 2003, 175,775 dwt) delivery ex dry dock Shanghai 6/10 Nov trip via West Australia redelivery South Korea $53,000 daily — Korea Line

Yasa Fortune (built 2006, 82,849 dwt) delivery Cape Passero 1/5 Nov trip via Baltimore redelivery South Korea $39,500 daily — Hanjin

Gaurev Prem (built 2005, 73,901 dwt) delivery Rizhao 31 Oct/1 Nov trip via Port Kembla redelivery India $19,500 daily — British Marine — recent

Great Ambition (built 1999, 73,725 dwt) delivery Swinoujscie 30/31 Oct trip via Baltic redelivery Singapore-Japan rge $37,000 daily — Oldendorff

Obelix Bulker (built 1998, 70,529 dwt) delivery Hunterston 2/4 Nov trip via Norfolk redelivery Dunkirk $30,000 daily — Norden

La Donna I (built 1983, 63,880 dwt) delivery aps Los Angeles 20/25 Nov trip redelivery China $17,250 daily +$450,000 ballast bonus — China Glory

Blue Marlin 1 (built 2008, 57,000 dwt) delivery Navlakhi 6/8 November trip via Richards Bay redelivery India $18,250 daily — European a/c

Paguera (built 2003, 53,609 dwt) delivery Tuticorin 6/8 November trip via Richards Bay redelivery India $17,000 daily — Charterer not reported

Riva Wind (built 2005, 53,533 dwt) delivery Jintang 5/10 November trip via Southeast Asia redelivery Singapore-Japan intention Nickel ore $15,500 daily — Charterer not reported

Sealady (built 1995, 42,183 dwt) delivery US Gulf mid November trip redelivery Med approx $24,500 daily — Charterer not reported

PERIOD

Zagreb (built 2008, 79,898 dwt) delivery Sweden 10/20 Nov 12/16 months trading redelivery worldwide $25,000 daily — Atlantic & Oil

S.Nicole Hanjin relet (built 2007, 77,096 dwt) delivery Cape Passero 11/13 Nov 11/13 months trading redelivery worldwide $23,000 daily — Norden

Ocean Spirit (built 1999, 73,807 dwt) delivery Jinzhou 1/5 Nov 5/6 months trading redelivery worldwide $23,250 daily — Swiss Marine

Borak (built 2009, 53,100 dwt) delivery South China 5/10 November 3/5 months trading redelivery worldwide approx $17,250 daily — K2

ORE

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Booming grain trade boosts panamax rates

BROKERS forecast rates for panamax bulk carriers trading in the Pacific region to build on last week’s steady increase, writes Keith Wallis in Hong Kong .

“It is stable to firm,” one Singapore-based broker told Lloyd’s List, describing the Pacific panamax sector. He added that the Pacific market reflected what was happening in the Atlantic basin. “The whole panamax market is up,” he said.

A Shanghai-based broker, who also preferred to remain nameless, said the booming US grain trade had encouraged owners with tonnage in the Pacific to ballast into the Atlantic. But the Singapore broker said the Indian iron ore trade was also strengthening.

A Hong Kong broker agreed and thought this could create the potential for a return to the surge in rates seen two weeks ago.

“Tonnage could get a lot tighter in the next week or two. Very prompt tonnage in the Pacific is already commanding a premium over spot rates and there is scope for significant rates rises this week,” the broker said. He explained that Pacific spot rates were topping $23,800 per day on Monday, but several charters concluded at the end of last week had exceeded this level.

Cosco Qingdao fixed the 1999-built, 72,844 dwt Alpha Effort for a coal cargo from Indonesia to southern China at $24,250 per day. Bocimar took the 2006-built, 75,397 dwt Medi Singapore for a spot charter also with coal from eastern Australia to Taiwan at $23,000 per day.

All three charterers were concluded for loading this week, brokers said.

The Shanghai broker added: “It would not take too much more activity for rates to really catch alight, especially with what is happening in the capesize market, which is already strong.”

The Singapore broker said that while the gains in the capesize sector were not having an immediate effect on Pacific panamax rates, he believed it could only be a question of time if the surge continued.

“Undoubtedly, Pacific panamax rates will rise on the coat tails of the capesize sector the longer the rally in that market goes on,” the broker said.

The gains in the panamax spot market, with north Pacific rates rising by around $800 over the course of last week, spurred further interest in period business.

Geneva-based Windrose took the 2009-built, 92,000 dwt Andreas K for 12-14 months at $20,500 per day. Brokers said the rate was a premium on similar year-long charters concluded a week earlier, but this reflected the premium size of the vessel.