| The TEX Report / Topics | |
| [ Topics List / January, 2005 / Friday, 07 ] |
| *Panamax Time Charter Rate Down To $30,000 |
| = Weakening trend continues reflecting piling of iron ore stock at ports in China |
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[Capesize] <Australia - China> - BHP Billiton time-chartered the "ERIC D" (169,883 dwt) with delivery at Beilun and redelivery in China after making the round of Australia. Charter rate: $55,000 per day. Laycan schedule: Jan. 8 - 10. <Australia - East Asia> - Cargill time-chartered the "ZORBAS" (165,055 dwt) with delivery at Dalian and redelivery in East Asia after making the round of Australia. Charter rate: $47,500 per day. <Australia - Taiwan> - China Steel Express, subsidiary of Taiwan's China Steel Corp time-chartered the "LUCIANA DELLA GATTA" (122,780 dwt) with delivery at Xingang, Tianjin and redelivery in Taiwan after making the round of Queensland, Australia. Charter rate: $32,500 per day. [Panamax] - Norden time-chartered the "SANTA VICTORIA" (75,966 dwt) with delivery in the Philippines and redelivery in Europe after making the round of Indonesia. Charter rate: $30,000 per day. Laycan was started Jan. 3 - 5. <Australia - Europe> - BHP Billiton time-chartered the "JOYOUS AGE" (69,271 dwt) with delivery at Wakayama and redelivery at Skaw, Denmark and Cape Passero, Italy after making the round of Australia. Charter rate: $32,000 per day. Laycan was started Jan. 4 - 6. <Australia - Europe> - BCM time-chartered the "SEA CHALLENGE" (68,407 dwt) with delivery at Huangpu, China and redelivery at Skaw and Cape Passero after making the round of Australia. Charter rate: $28,000 per day. Laycan schedule: Jan. 8 - 10.
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| last modified : Thu 13 January, 2005 [10:02] |
