Lundh’s chemical coup
Swedish shipbroker races to cash in on management of small Turkish chemical tankers built on spec during the market boom.
Capesizes headed back down on the index charts heading into the May Day weekend as the period market went quiet and front hauls ran out.
There was, however, still a good rate in the Atlantic from a George Economou company with voyage rates also steady for panamaxes where GMI booked a long-term period deal.
Capesizes
Classic Maritime spent $44,000 a day on the 178,400-dwt Cape Garland (built 2009) from Europe for an Atlantic roundtrip in mid May.
STX Pan Ocean has the 180,300-dwt Mineral Monaco (built 2005) from China to Australia and back to South Korea at a decent enough $35,000 a day.
Panamaxes
GMI has splashed out $21,000 a day for three years starting in the final quarter with an 81,000-dwt newbuilding from Korea. The same charterer spent $10,000 a day more on a four to six month deal with another 80,700-dwt newbuilding from Korea in May.
Safe Bulkers’ 76,000-dwt Katerina (built 2004) was taken by an unidentified charterer for three years from March next year at $20,000 a day.
The 74,000-dwt Alabanda (built 1995) was booked for four to six months at $31,500 and the 77,800-dwt An Ho (built 2004) for seven to nine months at $29,000.
Hyundai Merchant had booked the 73,600-dwt Clymene (built 2006) for two years earlier this month at $25,000. The Korean has now relet it to MDS for a trip from South America to West Africa and the Med at $32,750.
Another trip in the Atlantic, a roundtrip from the Med to Brazil, set Windrose back $32,000 a day with the 71,800-dwt Amfialos (built 1990). Komrowski spent the same on another Atlantic itinerary with the 70,100-dwt Spar Neptun (built 1997).
Atlantic Coal & Bulk has the 76,400-dwt Iron Knight (built 2004) from North Europe to Murmansk and back or to the Med at $33,000 per day.
NYK spent $34,000 daily on a spin from China to Southeast Asia with the 73,400-dwt Pacific Breeze (built 2004).
A straight roundtrip between China and Australia set Brownstone back $30,000 with the 74,000-dwt Ocean Emperor (built 1998).
Supramaxes
Not for the first time recently Noble has spent big, the trading giant taking the 53,500-dwt White Diamond (built 2008) for about three months at $41,000 a day.
A year with the 57,000-dwt Jin Ao (built 2010) set someone back $22,600 a day while the 55,000-dwt An Chang (built 2009) set a charterer back $29,000 a day for eight or nine months.
The voyage market was slow but STX Pan Ocean still found a massive $46,000 a day for the 47,300-dwt Jin Qiang (built 1998) from South America to the Med.
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