Market Update

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


16th November 2017

Baltic Dry Index (BDI)    1361   -13
Rates

   

BCI

(Cape index)

BPI

(Panamax index)

BSI

(Supramax index)
INDEX  

3084

-24

1298

-22

849

-9

SPOT TC AVG (USD)

20626

-144

10408

-178

10111

-37

YESTERDAY (USD)

20770

 

10586

 

10148

 
YEAR AGO (USD)

19515

  10795   7818  

 

 

 

 

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


 




PERIOD RATES

(Figures in USD per day)

 

 

 

Cape Size

     

Panamax

 

Period

Atlantic Delivery

Pacific Delivery

     

Period

Atlantic Delivery

Pacific Delivery

4/6 months

20000

17750

 

4/6 months

15250

12000

1 year

17500

15750

 

1 year

13000

11000

2 years

16500

15500

 

2 years

11500

11000

3 years

16250

16000

 

3 years

11250

11250

5 years

16000

16000

 

5 years

11500

11500

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

 

In Conversation With Mr. Pradeep Rawat, Chairman National Shipping Board

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