Market Update

Daily Market: This page contains the latest Dry Bulk Shipping News


25th April 2017

Baltic Dry Index (BDI)    1154   -16
Rates

   

BCI

(Cape index)

BPI

(Panamax index)

BSI

(Supramax index)
INDEX  

1767

-13

1371

-58

887

-5

SPOT TC AVG (USD)

12879

-81

11010

-459

9737

-29

YESTERDAY (USD)

12960

 

11469

 

9766

 
YEAR AGO (USD)

8789

  5729   5899  



 

Spot  TC Average = The Average Value of the Main Shipping Routes applicable for each of the 3 types of Ships 
BDI=The Weighted Composite Index of BCI/BPI/BSI

 

Daily Chart For Cape/Panamax/Supra 
TC AVERAGE Values


 

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PERIOD RATES

(Figures in USD per day)

 

 

 

Cape Size

     

Panamax

 

Period

Atlantic Delivery

Pacific Delivery

     

Period

Atlantic Delivery

Pacific Delivery

4/6 months

16000

12250

 

4/6 months

13000

10000

1 year

15000

14000

 

1 year

11500

10250

2 years

15250

14500

 

2 years

10500

10250

3 years

15250

14750

 

3 years

10500

10500

5 years

15000

15000

 

5 years

11000

11000

The above rates, applicable on Newbuilding vessels, are a Combination of Indicative Market Values and Last Reported.

Example of
Reported Fixtures

 

Ocean Energy: 69/98, dely Rotterdam 1-5 April, 4 to 6 mos, Redel Far East, 38000$/day, Hanjin

Glossary

 

Ocean Energy = Name of the ship
69 = 69,000 dwt = vessel size in deadweight tons
98 = Vessel built 98
4 to 6 mos = The duration of the charter in months
Del = Where the charter will start
Redel = Where the charter will finish
1-5 april = The period when the ship will be delivered
WW = World wide
Hanjin = Name of the Charterer

 

Capt Rajesh Tandon Speaking at International Seafarers Day. The Shipping Tribune

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