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The new Mobile Harbour Crane series – Liebherr

 

Russbroker Charter Market Commentary

Unspectacular end to 2014

As far as the chartering of container tonnage is concerned, an unspectacular year ends. Feeder tonnage of 900, 1,100 and 1,300 teu, within their respective clusters, kept rate levels stable until the end of the year, with minor corrections only either way.

Vessels of the 1,700 teu class, however, have been on a roller coaster for the last four to five months and are ending the year on the downhill section of the ride.

For the 2,500 teu class vessels, the market is divided. The layer of average specification vessels with low reefer intake is closing the year at levels well under US$ 8,000 while vessels of 550+ reefer plugs are fixing rates in levels of US$ 9,000 to 9,500 p/d for as long as the service is related to reefer cargoes.

The reason for higher specification 2,500s enjoying a firmer market was the opening of the joint service of GWF and MSC and a new reefer-heavy service by Hamburg Süd between Caribs and North Europe.

Read more: Russbroker Charter Market Commentary