Latest News (Mar06, 2014) *Oldendorff, Cargill and Swiss - TopicsExpress

Latest News (Mar06, 2014) *Oldendorff, Cargill and Swiss Marine aim for oligopoly in Post Panamax German owner Oldendorff Carriers, Cargill and Swiss Marine are eager to charter-in 100,000 – 120,000 DWT Post Panamax Bulkers, aiming for an oligopoly in the niche sector. Post Panamax bulkers are suitable for European coal/grain ports where the depth is too shallow for Capesize bulkers. As of March 5, the 1-year time charter rate for a Post Panamax bulker is US$18,000-19,000/day. This price is considerably cheaper compared to the current 1-year rate for a Capesize bulker of US$25,000-27,000/day. ＜Others＞ *Precious Shipping orders 12 Ultramaxes from Chinese shipyards *Korean ship export values fall 7% to US$2.4 billion in February https://secure.marinavi/m2/registration_trial.php?lang=en

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