Summer outages hit shipping routes

Gibson, Jane
July 2006
ICIS Chemical Business;7/10/2006, Vol. 1 Issue 27, p34
Trade Publication
The article reports on the status of the shipping markets in June 2006. The Baltic route has been slightly slower than expected. Some vessels have been removed due to lower demand. Rates are on a downtrend, with a 2000-tonne cargo between Kotka, Finland/Rotterdam, Netherlands assessed at €33-35/tonne. Clean petroleum products' rates recently bottomed out. Northwest Europe/Mediterranean activity levels fluctuated in June, with some competition among owners to secure business.


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