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Tanker Index

Route Description
Size (MT)
Unit Value
Change
TD1 MEGulf to US Gulf
280000
18.59
0.29
TD2 MEGulf to Singapore
270,000
45.21
0.63
TD3C MEGulf to China
270,000
44.79
0.83
TD6 Black Sea to Med
135,000
86.44
0.56
TD8 Kuwait to Spore (Crude/DPP heat 135F)
80,000
97.39
2.50
TD14 SE Asia to East Coast Australia
80,000
99.19
2.31
TD20 West Africa to UK-Continent
130,000
67.17
0.24
BLPG1 Baltic liquefied petroleum gas route
44000
27.417
0.417

Blog

Freight Market Scenario – 14.05.2018

May 15, 20180 Comments in

Asia-pacific Panamax Dry Bulk
Sentiment in the Asia Pacific Panamax market ended the week on a positive note.

Enquiries understood in market
Kamachi – 80,000 mt 10% – Iron ore (June 1-10) – Saldanha Bay to Krishnapatnam.
SAIL – 75,000 mt 5% – Metallurgical coal (June 3-12) – Port Kembla to Vizag.
RIL – 75,000 mt 10% – Coal (June 1-10) – RBCT to Dahej.

Enquiries understood fixed
SAIL – 75,000 mt 10% – Metallurgical coal (June 1-10) – Hay Point to Vizag – at about usd 14.95/mt.
Bhushan Power and Steel – 75,000 mt 10% – Coal (May 28-June 6) – Richards Bay Coal Terminal to Paradip – at about high usd 12s/mt.
Rio Tinto – 75,000 mt 10% – Bauxite (Mid May) – Weipa to China – at about usd 10.35/mt.
Bocimar – 70,000 mt 10% – Coal (Mid May) – Newcastle to Hoping – at about usd 12.35/mt.

Period vessels understood fixed
Double Paradise – 2011 – 95,712 dwt – dely Jingtang 13/15 May – 4/7 months redel worldwide – usd 14,250 – Oldendorff
Zonda – 2011 – 93,263 dwt – dely Caofedian 18/25 May – minimum 3/about 5 months redel worldwide – usd 13,000 – Oldendorff
Ionic Pleione – 2017 – 84,850 dwt – dely Vizag in direct continuation 11/12 May – 1 year redel worldwide 120% BPI 4TC – Uniper
Armonia A – 2018 – 82,084 dwt – dely ex yard Jiangsu 10/15 May – 1 year option 1 year redel worldwide -usd 13,500, option usd 14,500 – Cofco
Ekaterini – 2018 – 82,000 dwt – dely ex yard Jiangsu 07 May – 2 years redely worldwide – usd 13,000 – Klaveness
Stormharbour – 2009 – 76,583 dwt – dely Japan prompt – 4/7 months redel worldwide – usd 13,000 – Oldendorff
Gorgoypikoos – 2005 – 76,498 dwt – dely Mokpo 16/17 May – 4/7 months redel worldwide – usd 12,100 – UBCI
Seacon 9 – 2012 – 74,844 dwt – dely Beihai 18/20 May – 4/6 months redel worldwide – usd 11,500 – Deyesion
Agia Skepi – 1999 – 73,018 dwt – dely Pyongtaek 10/15 May – 5/8 months redel worldwide – usd 10,550 – Panocean

Freight Rate inferred
75,000 mt 10% – Thermal coal – Banjarmasin to Krishnapatnam – at about usd 8.80/mt and to Dahej at about usd 9.75/mt
75,000 mt 10% – Metallurgical Coal – Haypoint to Paradip – at about usd 14.35/mt and to Qingdao at about usd 12.90/mt
75,000 mt 10% – Coal – Richards Bay Coal Terminal to Dahej – at about usd 13.05/mt and to Paradip at about usd 13.35/mt

Capesize Dry Bulk
While there weren’t too many fixtures concluded at the end of the week, most of the key Capesize freight rates in the Asia Pacific and
Atlantic increased on Friday.

Enquiries understood in market
Kamachi – 150,000 mt 10% – Coal (June 5-14) – RBCT to Gangavaram. (Can try 100,000 mt 10%)
Kamachi – 150,000 mt 10% – Coal (June 15-24) – RBCT to Krishnapatnam.
FMG – Capesize vessel – (May 25-27) – Hedland to China.
BHP – Capesize vessel – (June 1-5) – Haypoint to Rotterdam.
BHP – Capesize vessel – (May 28-June 1) – Haypoint to Qingdao.
Everest – Capesize vessel – (SH June dates) – Tubarao to Qingdao.
Superior Ocean – Capesize vessel – (July 1-15) – Saldanha Bay to Qingdao.

Enquiries understood fixed
Rio Tinto – Superior Ocean Capesize vessel – (May 26-28) – Dampier to Qingdao – at about usd 8.25/wmt.
Oldendorff – Capesize vessel – (May 26-28) – West coast Australia to China – at about usd 8.40/wmt.

Period vessels understood fixed
San Francisco – 2017 – 208,006 dwt – dely China 12/23 May – 10/12 months redel worldwide – usd 24,000 – Koch Shipping
Morandi – 2013 – 205,123 dwt – dely Qinhuangdao 13/20 May – 9/12 months redel worldwide – usd 22,000 – Koch Shipping
CS Harmony – 2015 – 180,193 dwt – dely Dalian 21/23 May – 9/11 months redel worldwide – usd 21,750 – Cofco
Boston – EGPN relet – 2007 – 177,828 dwt – dely retro Qingdao 6 May – period up to 6 April/6 July 2019 redel worldwide – usd 19,000 – Classic Maritime
Seamate – 2010 – 177,775 dwt – dely retro Singapore 23 Apr – 9/11 months redel worldwide – usd 19,250 – SwissMarine
Houston – 2009 – 177,729 dwt – dely Changzhou 9 May – 9/11 months redel worldwide – usd 19,000 – SwissMarine

Freight Rate inferred
Capesize vessel – Iron ore – Port Hedland in Western Australia to Qingdao – at about usd 8.50/wmt.
Capesize vessel – Iron ore – Tubarao to Qingdao – at about usd 19.20/wmt.
Capesize vessel – Iron ore – Saldanha Bay to Qingdao – at about usd 14.35/wmt.

Asia-Pacific Supramax Dry Bulk
Supramax freight rates in the Asia Pacific were flat to slightly higher on Friday.

Enquiries understood fixed
Phoenix – 55,000 mt 10% – Coal (May 21-25) – Bunyu to Kohsichang – at about usd 8/mt.
Trafigura – 55,000 mt 10% – Coal (May 24-30) – Muara Pantai to Navlakhi – at about low to mid-usd12s/mt.
Essar Steel – 50,000 mt 10% – Iron ore pellets (May 16-17) – Paradip to Son Duong, Vietnam – at about usd 6.75/mt.
JSPL – 33,000 mt 10% – Metallurgical coal (May 25-June 3) – Beira to Paradip – at about usd 22.60/mt.

Period vessels understood fixed
AP Astarea – 2012 – 57,553 dwt – dely Xiamen prompt – 3/5 months redel worldwide – usd 11,500 – PWSL

Freight Rate inferred
55,000 mt 10% – Coal – South Kalimantan to Paradip – at about usd 10.30/mt and to Navlakhi at about usd 11.80/mt
50,000 mt 10% – Coal – RBCT, S. Africa to Navlakhi at about usd 13.65/mt
50,000 mt 10% – Limestone – Mina Saqr to Paradip – at about usd 10.05/mt

Handymax/Handysize Dry Bulk
Handysize freight rates continued to trend sideways.

Enquiries understood in market
CBH – 25,000 mt 10% – Barley (SH June) – South or west Australia to Japan.

Freight Rate inferred
30,000 mt – Alumina – Gladstone to Lianyungang – at about usd 20.25/mt and from Bunbury/Kwinana to Lianyungang at about usd 19.25/mt

(THIS REPORT IS INTENDED TO BE INFORMATIVE IN NATURE AND THE FIXTURES/FIGURES REPORTED ARE ABOUT & WITHOUT GUARANTEE)

May 15, 20180 Comments in

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