09 December 2010 10:04 [Source: ICIS news]
SINGAPORE (ICIS)--Freight rates for the southeast and northeast ?xml:namespace>
Freights for cargoes of 3,000-5,000 tonnes gained as much as $3-4/tonne (€2-3/tonne) for shipment from southeast Asia to eastern Chinese ports, a shipbroker said.
Freights for a 1,000-tonne cargo from southeast Asia to eastern
Vessel space for spot tonnage was running out fast amid the rising freight rates, and some vessel owners had started discussing January shipments, the industry sources said.
“For second half December, we are now left with 1,000-2,000 tonnes (of) balance space but (this) is likely to be booked soon,” said a Singapore-based vessel owner.
“For second half December, we’re now booked solid and have started looking at cargoes for January,” a Japanese vessel owner said.
The tight availability of vessel space was partly due to the long turnaround time in eastern
Turnaround time, or the period of time a vessel spends at a port loading or discharging cargoes, is currently estimated at two to three days at eastern Chinese ports.
“The turnaround depends largely on the weather in (east)
*Each enquiry is for cargo sizes ranging from 1,000-5,000 tonnes, depending on the products
($1 = €0.75)
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