According to Hellenic Shipping News (data source: Clarksons Research): The average ClarkSea comprehensive freight index in the third quarter reached US$46,384/day, exceeding the historical record of US$44,222/day in the second quarter of 2008, with a weekly peak of US$66,000/day; the average VLCC rent was approximately US$671,000/day, with some routes hitting US$1.6 million/day in early October. Mainly due to the inefficiency of "shuttle" transportation of oil tankers in the Strait of Hormuz; the new ship order book increased by 25% year-on-year in terms of CGT, and the price of second-hand crude oil tankers hit a record high.
According to gCaptain (from Bloomberg): In the past 24 hours, two general cargo ships in Bulgaria's exclusive economic zone were attacked by air and sea drones; a merchant ship carrying rapeseed oil was hit by a Russian drone, killing one person; the day before, a Turkish shipowner's cargo ship caught fire and sank in the Romanian economic zone, killing two crew members. The Bulgarian Prime Minister called the attack "completely unacceptable" and will drive up insurance costs and threaten the Black Sea grain trade corridor. This has triggered market concerns about fluctuations in grain and freight prices.
Drewry official release (assessed on October 1): WCI fell 1% to US$4,434/FEU, China's National Day Golden Week factories were shut down, and cargo volume weakened; Shanghai-Genoa fell 3% to US$3,702, Shanghai-Rotterdam fell 2% to US$3,399, the Asia-Europe line has fallen for 12 consecutive weeks; the trans-Pacific line Shanghai-New York rose 1% to 10,428 US dollar, Shanghai-Los Angeles remained stable at US$7,835. Suez Canal traffic surged 68% year-on-year in the 39th week, and the increase in effective shipping capacity further suppressed freight rates. Drewry is expected to continue to decline next week.
According to Hellenic Shipping News (data source: Baltic Exchange, quoted by Investing.com): BDI fell 68 points (-2.2%) to 3,002 points on Tuesday, the lowest since August 25; the capesize index fell 4% to 4,638 points, and the average daily rent fell by US$1,769 to US$38,561; Panamax rose slightly by 2 points to 2,366 points. Weakness in iron ore and coal long-distance trading is the main drag.
According to the International Ship Network: Dalian Shipyard received strong orders for bulk carriers in September, with 23 new ships signed in the month, and the cumulative orders exceeded 100. The order/fleet size of small bulk carriers ranks among the top in the world; the main ship types are 64,500-ton Ultramax and 40,500-ton bulk carriers. The total value of new ships in September is approximately US$812 million; the number of orders on hand is approximately 98 ships, 5.31 million deadweight tonnage, with 167 ships under construction scheduled to be produced until 2030. Shipowners include Japan's Nisshin Shipping, Suisse-Atlantique, etc. According to Banchero Costa Weekly: Global new ship orders last week were 83, the highest in a single week outside the holidays. Oil tankers, containers, LNG and other sectors are in full bloom, and Chinese shipyards are receiving strong orders.
According to International Ship Network: On September 30, Jiangsu New Times Shipbuilding signed a contract with a Singaporean shipowner for 6+2 114,000-ton LR2 product oil/crude oil tankers. The cost of a single ship is nearly 80 million US dollars, and the total price after all options are effective is about 640 million US dollars (approximately 4.29 billion yuan). It is planned to be delivered in 2029-2030; the shipowner has previously 8 In the new era, orders for 4 LR2s and 12 MRs have been accepted in the past month, and the oil tanker newbuilding market continues to heat up.