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  1. Industrial shipowners may squeeze charter deals

    Posted Apr 23rd 2011, 12:00am

    ... squeeze the volume of charter contracts open to dry bulk shipowners. Newbuilding statistics from British shipbroking house Clarkson show 353 capesize dry bulk cargo ships totalling almost 70.8 million deadweight tonnes are on order, of which 137 are more than 200,000 dwt. At least 57 of these ultra large capesize vessels are directly linked to cargo-owning shipowners, including 31 ...

  2. China seen as key for iron ore, shipping firms

    Posted Nov 14th 2011, 12:00am

    ... that 2012 and 2013 would see a large influx of new dry cargo Capesize ships, typically above 180,000 deadweight tonnes (dwt), which haul iron ore and coal. Clarksons, the British shipbroking house, estimated that there were 493 dry cargo Capesize ships, totalling 97.8 million dwt, on order for delivery from now to 2014 and beyond. In tonnage terms this was equivalent to 41.1 per cent ...

  3. Supply glut is a bigger risk than carriers

    Posted Oct 04th 2011, 12:00am

    ... million tonnes of iron ore per year. In comparison, China imported 130.9 million tonnes of iron ore from Brazil last year. If the Malaysian hub was created, smaller Capesize ships of 115,000 dwt ... far this year, shipowners had ordered an equal volume of tonnage as of September. Despite a recent rally in Capesize charter rates, which hit US$43,477 per day last week for a voyage from ...

  4. Bulk carriers help fill Rongsheng order book

    Posted Jul 02nd 2011, 12:00am

    ... in 2009. Confirmation of this year's ship deliveries came after the shipyard said it recently secured orders from three European shipowners for 10 205,000 dwt dry cargo Capesize bulk carriers ... million and US$70 million. The shipbuilder said the deal for the Capesize ships was placed by a European ship owner and was one of the largest contracts won by a mainland shipyard this year. ...

  5. Price war looms for shipyards on the mainland

    Posted Apr 18th 2011, 12:00am

    ... million cheaper than a South Korean rival for a new 180,000 deadweight tonne capesize dry bulk carrier. The current price for a capesize bulk carrier at a mainland shipyard is about US$53 million. ...

  6. Courage Marine bearish on market

    Posted Dec 10th 2011, 12:00am

    ... They were capable of operating in more ports in developing countries than larger Panamax and Capesize ships. This flexibility meant vessel charter rates held up better in a depressed shipping market, he said. Clarkson said the average charter rate for a Supramax vessel last year was about US$30,000 per day but had dropped to US$19,200 this year. By comparison, the rate for a Capesize ...

  7. HK coal shipments spared worst of floods

    Posted Jan 08th 2011, 12:00am by Keith Wallis

    ... anchored off Gladstone since December 31. It is one of 18 ships waiting to load coal cargoes. At least a further 17 large panamax and capesize dry bulk carriers of between 76,000 dwt and 175,000 ... Kong-registered capesize vessel, and the 152,065 dwt Hong Kong-registered capesize Creciente, managed by Hong Kong's Bernhard Schulte Shipmanagement. Fleet Management, a subsidiary of the Noble ...

  8. Fears supersized carriers may corner market

    Posted Aug 01st 2011, 12:00am

    ... carriers from other owners. These are more than twice the size of conventional Capesize dry cargo ships of around 180,000 dwt. But Vale's move has caused consternation among the shipping ... a slump in charter rates because so many new Capesize vessels have been delivered. Fewer cargoes would also reduce the number of cargo fixtures handled by shipbrokers, which could cut ...

  9. Upbeat forecast for container shipping sector

    Posted Jan 21st 2011, 12:00am by Keith Wallis

    ... Average daily freight rates for an 180,000-deadweight-tonne Capesize ship used to haul iron ore or coal have fallen to below US$10,000 per day. This is less than present charter rates for handymax ships, which, at about 45,000 dwt, are a quarter of the carrying capacity that are operated by companies such as Pacific Basin Shipping. Freight rates for Capesize ships on some routes are lower ...

  10. HK's Anglo-Eastern picked to run first 'Chinamax' ship

    Posted Apr 23rd 2011, 12:00am

    ... that are the biggest of their kind in the world. The 400,000 deadweight tonne ships, which have more than double the cargo carrying capacity of a traditional 180,000 deadweight tonne capesize bulk carrier, ... two years ago when Anglo-Eastern was chosen by Vale to manage three capesize bulk carriers, varying in size between 150,000 and 169,000 deadweight tonnes. These ships, together with Vale ...




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