20 January 2011 10:24 [Source: ICIS news]
SINGAPORE (ICIS)--Freights for spot shipments from the Middle East to northeast (NE) ?xml:namespace>
A vessel owner was heard negotiating a cargo booking for 17,000 tonnes of mono-ethylene glycol (MEG) from Assaluyeh to eastern
A charterer’s freight ideas were heard in the high $40/tonne levels, but the owner was firm on fixing at $57-58/tonne, sources said.
“We believe the charterer may eventually fix at our levels but we are waiting for [its] final decision,” the vessel owner said.
The regional vessel owner had fully booked February Contract of Affreightment (COA) cargoes and has no balance space for spot cargoes.
Contributing to rising freights was the lack of prompt vessel space in the Middle East as most vessels were delayed on their return journey from northeast
The delays were due to backlogs in eastern
In other key chemical ports along the Yangtze river, the waiting time was around three to five days, the agent said.
A cargo booking for 15,000-20,000 tonnes of chemicals from the Middle East to eastern
($1 = €0.74)
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