Trafigura Beheer fixes Geden tankers on timecharter

Four MR1 chemical/product tankers owned by Geden Lines have been fixed on three-month period charters by trader Trafigura Beheer at a rate of $10,250 per day, brokers say.

The Turkish owner’s 37,900-dwt tankers Steel, Stone 1, Style (all built 2008) and Sky (built 2007) will commence their respective charters at the beginning of May.

The rate is a discount on MR rates in the spot market currently. Today, the Baltic Exchange assessed its MR Atlantic Basket rate at $13,347 per day, a $183 increase on Wednesday and the first uptick seen in almost two weeks. The basket is comprised of the two trans-Atlantic benchmark routes for MR product tankers.


Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.
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