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Ships Monthly provides news and features for ship enthusiasts and maritime professionals, including reports on the
ferry, cruise, new building and cargo ship scene as well as navies across the world.

 

 
Capesize rates plunge PDF Print E-mail
Tuesday, 03 March 2015 00:00

The 175,820 dwt Capesize bulk carrier Golden Beijing (2010) seen in better times. Rates for such vessels are at a six-year low and many are being anchored at sea or may enter lay-up if rates do not improve. Richard PotterThe start of 2015 saw freight rates for Capesize bulk carriers plunge to a six-year low, and brokers said they could fall even further. Many owners of such vessels anchored them off South Africa, Singapore and Taiwan, as there was not enough cargo to utilise them.

Some European owners were choosing to anchor vessels rather than lease their ships at a loss. One set of data produced showed that charter rates for a voyage from Australia to China are currently around $3,000 per day, which is less than half of the daily operating costs for a vessel.

Rates on the Brazil-China route were the lowest since January 2009, while charter rates for the Western Australia- China route was the lowest since December 2008. Rates in the smaller Panamax market were also lower, with owners declining to move ships at the current rates. Rates could increase during the year, but not many owners are optimistic, and it seems more vessels will go to anchor or lay-up. RC

 
April's mystery ship PDF Print E-mail

mystery shipThis month’s mystery ship is a small coaster, with Cliff, the first part of the name, visible on the stern above her London port of registry. So what was her full name? She is alongside a wharf with numerous cranes, but where is this? Can you provide further details of the ship itself? Which company was she operated by? When and where was she built? Where did she operate, and what was her fate?

Send your answers, including a postal address, via email to This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 
the burning SS Normandie PDF Print E-mail

 

Watch never before seen footage of the burning SS Normandie in New York Harbor.  The SS Normandie, a French-built ocean liner, began service in 1935 as the largest and fastest passenger ship in operation.  The Normandie is still considered to be the most powerful steam turbo-electric-propelled passenger ship ever built. Shortly after the attack on Pearl Harbor, US authorities seized the Normandie while it was at port in New York, renaming it the USS Lafayette. The plan was to convert the Normandie to a troopship; however it caught fire in 1942 and capsized.  The engineer of the ship appeared to recommend a process to the save the ship, but he was barred from scene by the police. Restoration of the Normandie was considered to be too costly. This video tells the story of the Normandie, including pictures of both its exterior and interior during the time that it was a passenger ship, as well as video of the fire.  The original footage was shot by Frank Hardart, an executive at the Horn and Hardart company, from a nearby rooftop.

 
 

 




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