Lundh’s chemical coup
Swedish shipbroker races to cash in on management of small Turkish chemical tankers built on spec during the market boom.
VLCC rates were stable from the Persian Gulf to the US Gulf and Asia on Wednesday, with owners pocketing just under $40,000 per day for modern vessels. Saudi Arabian April cargoes could be fixed as early as next week.
West African suezmaxes were more in demand for US trips, lifting rates to Worldscale (WS) 127.5 to the Gulf of Mexico.
DIRTY
AG
ELEKTRA GLORY 280 03/18 AG/ECC 55 IRVNG
ATHENIAN HARMONY 270 02/20 AG/EAST 76 S OIL
CALLISTO GLORY 270 03/15 AG/CHINA 77.5 GLASFORD
FRONT ENERGY 270 03/15 AG/WEST RNR SHELL
NITC TBN 270 03/13 KHARG/AIN SUKHNA RNR TUPRAS
LU SAN 265 03/18 AG/CHINA 77.5 GLASFORD
ANTIPAROS 255 03/18 AG/THAILAND 55 THAI OIL
PERICLES G.C. 255 03/19 AG/THAILAND 55 IRPC
AKAKI 80 03/10 AG/VADINAR 97.5 ESSAR
NS COMMANDER 80 03/20 BASHAYER/EAST RNR UNIPEC
DESH PREM 80 03/22 BASHAYER/EAST 108 PDI
WAF
VALTAMED 130 03/25 WAF/UKCM 110 CSSSA
OTTOMAN EQUITY 130 03/23 WAF/UKCM 105 CSSSA
MINERVA VERA 130 03/22 WAF/USG-OPTS 122.5-RNR VITOL
GEMINI TBN 130 03/11 EA/USG 127.5 SAHARAN
GEMINI TBN 130 03/17 EA/USG-USAC 125-127.5 CLEARLAKE
OLYMPIC FUTURE 130 03/21 PALANCA/USAC 125 SUN
AMERICAS
GREAT LADY 270 03/20 CARIBS/SPORE-CHINA USD 4.8M-5.8M PETROCHINA
HEIDMAR TBN 50 03/05 USG/CHILE RNR TRAFIGURA
CHIMBORAZO 50 03/12 ST CROIX/USAC 122.5 HESS
MED
AEGEAN TBN 135 03/14 NOVO/OPTS RNR VITOL
SEACROSS 135 03/14 CEYHAN/UKCM 110 VITOL
TBN 100 03/30 MED/SPORE RNR ITOCHU
CORAL SEA 100 03/16 EMED/SPORE USD 2.45M CNR
PACIFIC CONDOR 100 03/16 MALTA/EAST USD 2.4M AOT
NS LAGUNA 80 03/09 CEYHAN/MED RNR VITOL
TRIDENT HOPE 80 03/09 SIDI K/MED RNR VITOL
NS LOTUS 80 03/14 SIDI K/ROTTERDAM 92.5 VITOL
HANDYTANKERS LIBERTY 30 03/05 BSEA/MED 165 LITASCO
UKC
BESIKTAS BOSPHORUS 135 03/21 NSEA/USG 105 CNR
RIO GENOA 135 03/12 MONGSTADT/ECC-USAC-USG 107.5-105-102.5 STATOIL
NS CONCEPT 80 03/10 FREDERICIA/ST. JOHN 112.5 IRVING
MARE ORIENS 80 03/10 HOUND PT/UKC 100 CSSSA
KERLAZ 30 03/08 SLAGEN/FAWLEY USD 285K EXXONMOBIL
HANDYTANKERS UNITY 30 03/04 UKC/UKC 185 CNR
BALTIC
BONITA 100 PRIMORSK/UKC RNR VITOL
TEMPERA 100 03/11 PRIMORSK/UKC RNR LITASCO
MINERVA CLARA 100 03/09 PRIMORSK/UKC 102.5 CHINA OIL
FAR EAST
JAG LYALL 100 03/10 KOZMINO/EAST RNR CLEARLAKE
HS ELEKTRA 80 03/04 VUNGTAO/DUNG QUAI USD 390K CNR
RUBY RIVER 80 03/18 DAMPIER/EAST 82.5 SHELL
JAVA SEA 40 03/11 JAPAN/SPORE USD 500K EXXONMOBIL
CLEAN
AG
PRO ALLIANCE 80 03/17 WC INDIA/JAPAN 119 GLASFORD
TORM SOFIA 60 03/04 AG/AG RNR CNR
SUMMIT ASIA 60 03/11 AG/WEST USD 1.625M BP
CAPE TALLIN 55 03/21 AG/OPTS RNR CNR
MORNING GLORY V 55 03/20 AG/JAPAN 123 CNR
PAFOS 40 03/10 WC INDIA/OPTS RNR TRAFIGURA
VALLE DI CASTIGLIA 35 03/11 AG/MED USD 1M AOT
CPO NORWAY 35 03/06 RSEA/RSEA RNR CNR
ARCTIC BAY 35 03/05 AG/JAPAN 140 CNR
GULF JUMEIRAH 35 03/10 AG/AG RNR LITASCO
AMERICAS
TORM FREYA 38 03/10 USG/CHILE RNR CNR
SABRINA EXPRESS 38 03/13 USWC/CHILE USD 1.05M CHEVRON
UACC SOUND 38 03/12 USG/OPTS RNR CNR
CHALLENGE PEGASUS 38 03/09 CARIBS/OPTS RNR CNR
CAPE BILLE 35 03/11 USG/OPTS RNR CONOCO
MOUNT RAINIER 30 03/08 USG/OPTS RNR CNR
MED
JADE 30 03/06 SICILY/MED 185 LITASCO
CARLOS G 30 03/04 SARROCH/MED-ITALY 190-200 CSSSA
MELORIA 30 03/04 SICILY/MED 190 MERCURIA
SAFFO 30 03/05 MED/OPTS RNR CNR
VALLE DI GRANADA 30 03/04 AUGUSTA/MED-ITALY 185-195 ENI
UKC
MOSKALVO 37 03/11 PEMBROKE/TA 180 CHEVRON
EASTERN FORCE 37 03/20 UKC/USAC RNR CLEARLAKE
ATLANTIC GRACE 37 03/07 UKC/USAC 182.5 CHEVRON
RELIANCE II 33 03/06 UKC/WAF O/P SHELL
BALTIC
APOLLON 37 03/12 BALTIC/TA 182.5 CLEARLAKE
SEASPRAT 34 03/17 BALTIC/TA RNR NESTE
FAR EAST
GLOBAL SPIRIT 40 03/12 HKONG/CHILE RNR VITOL
PACIFIC SERENITY 35 03/07 SKOREA/HKONG RNR CNR
STX ACE 7 30 03/11 SKOREA/TIANJIN USD 220K CNR
NORD NIGHTINGALE 30 03/05 SPORE/USWC USD 1.2M CNR
Fixtures provided by Lone Star Tankers/RS Platou
Swedish shipbroker races to cash in on management of small Turkish chemical tankers built on spec during the market boom.
Great Lakes bulker specialist predicts another profitable year as expanded fleet lifts bottom line.
Investment banker Kevin O'Hara has rejoined New York boutique firm AMA Capital Partners after seven years.
Trade dwindling as Maersk and Hapag-Lloyd among those pulling out due to US and EU sanctions.
Shipowner Marc Saverys continues to sell off stock in shipbroker Clarksons.
Cargill steps in as South Korean charterer coughs up cash to cover early return of bulker to US-listed owner.
Singapore-listed offshore company sees revenue and earnings sliced by a quarter in the final period of 2011.
Axing of shareholder payouts at OSG may need to be accompanied by asset sales, analyst says.
Port of Liverpool owner ready to spend £250m on new containership facility at Seaforth.
Oslo-listed seismic outfit eases financial troubles with award of $13m deal.
Weaker bulker markets in third quarter sees Indian owner's profit chopped, but tankers improve.
Creditors are being supportive of Indonesian owner’s restructuring efforts, says Kevin Wong.