Trio of kamsarmax fixtures starts the week off right

Trio of kamsarmax fixtures starts the week off right

London: The week has kicked off with a trio of kamsarmax and other dry cargo fixtures being reported.

The Star Bulk vessel Pedhoulas Builder (81,600 dwt, built 2012) was fixed today to US-based Hudson Shipping Lines on a four- to seven-month timecharter at a rate of $7,700 per day. The charter commences today.

Another kamsarmax Sea Neptune (82,000 dwt, built 2013), managed by the Fredricksen-led Golden Ocean Group, was fixed to Norway’s Klaveness Bulk at $7,250 daily for a four- to seven-month timecharter, which starts today.

Glencore is reported to have chartered the kamsarmax Akaki (84,000 dwt, built 2013) on a four- to six-month timecharter from Greece’s Transmed Shipping for $8,600 per day. Glencore Grain (Rotterdam) has also extended its timecharter of another panamax today, as Splash reported previously.

The post-panamax coal carrier Q Deb (85,000 dwt, built 2014), operated by Greece’s Quintana Shipping, was fixed at the slightly lower daily rate of $7,750 for five months, starting today.

The Baltic Panamax Index showed no progress on Friday’s level and remained at 617 points.

The panamax benchmark route Skaw-Gibraltar trip to Taiwan-Japan (P2A_03) has shown a little progress, today commanding a weighted timecharter average of $9,786 per day, up $31 on Friday, according to Baltic Exchange data. All other benchmark routes contracted or remained the same.

Meanwhile, the Baltic Dry Index climbed three points on Friday to reach 594 points today, rising for its seventh successive trading day.

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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