Weekly Time Charter Estimates

previous arrow
next arrow
previous arrownext arrow
Slider

Weekly Time Charter Estimates by Hellenic Shipping News Worldwide

How time charters offer a window on shipping sentiment?

In a spot ocean transport deal, a shipper pays the vessel interest in dollars per ton of cargo moved and the ship owner covers fuel and other costs. In a time charter, the shipper (the charterer) pays the ship owner a rate in dollars per day and the charterer, not the ship owner, covers the fuel and voyage costs.

If global bulk commodity shippers expect spot prices to rise substantially in the future, they lock in their transport costs by signing time charters.

When time-charter rates rise and the duration of contracts increases, it tells you that cargo shippers are worried that spot rates will increase sustainably.

Weekly Dry Time Charter Estimates | Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping

  • Weekly Dry Time Charter Estimates, February 24 2021
    by hellenicshippingnews.. on 24/02/2021 at 6:00 pm

    A positive week this week for the capesize period market that has received support from the booming kamsarmax/panamax sector and it will be interesting to see how this sector fares as the Far East returns to work following the lunar new year celebrations. Kamsarmax/panamax period rates continued to surge, boosted by a strong spot market … The post Weekly Dry Time Charter Estimates, February 24 2021 first appeared on Hellenic Shipping News Worldwide.

  • Weekly Dry Time Charter Estimates, February 17 2021
    by hellenicshippingnews.. on 17/02/2021 at 6:00 pm

    Supported by the panamaxes and positive sentiment in the paper market, capesize rates improved this week, although period activity remained low but is expected to improve as the festivities in the far east come to an end. The panamax/kamsarmax rally continued this week supported by a range of factors including increased coal cargoes from Indonesia … The post Weekly Dry Time Charter Estimates, February 17 2021 first appeared on Hellenic Shipping News Worldwide.

  • Weekly Dry Time Charter Estimates, February 10 2021
    by hellenicshippingnews.. on 10/02/2021 at 6:00 pm

    Capesize period market rates moved downwards this week as is often the case in the run up to the Chinese New Year however port delays in China and adverse weather in other regions has also put pressure on this sector. A strong week for the Kamsarmax/Panamax timecharter market with plenty of fixtures reported around the … The post Weekly Dry Time Charter Estimates, February 10 2021 first appeared on Hellenic Shipping News Worldwide.

Weekly Tanker Time Charter Estimates | Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping

  • Weekly Tanker Time Charter Estimates, February 24 2021
    by hellenicshippingnews.. on 24/02/2021 at 6:00 pm

    The dirty market remains in a weak state with very little activity on the timecharter front. In the VLCC market some very short term period fixture was reported. On the clean side, some MR fixtures have been reported that range from six months to one year, however the rest of the clean market remained quiet. … The post Weekly Tanker Time Charter Estimates, February 24 2021 first appeared on Hellenic Shipping News Worldwide.

  • Weekly Tanker Time Charter Estimates, February 17 2021
    by hellenicshippingnews.. on 17/02/2021 at 6:00 pm

    Another quiet week for the crude market thanks to the ongoing lunar new year celebrations in the far east and this has put pressure on timecharter rates with the average for one-year dropping $4,000/day to $24,000/pdpr. In the clean sector, the LR market remained quiet, the MR market has been particularly active this week, with … The post Weekly Tanker Time Charter Estimates, February 17 2021 first appeared on Hellenic Shipping News Worldwide.

  • Weekly Tanker Time Charter Estimates, February 10 2021
    by hellenicshippingnews.. on 10/02/2021 at 6:00 pm

    A quiet week for Crude with little reported in the timecharter market, fixtures reported focused on optionality and charterers looking to lock in periods to provide cover. On the clean side, there has been interest in the LR2 market, particularly around the one-year mark. The average rate for an LR2 for this period is currently … The post Weekly Tanker Time Charter Estimates, February 10 2021 first appeared on Hellenic Shipping News Worldwide.

Translate »