Market Update

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


24th July 2017

Baltic Dry Index (BDI)    977   no change
Rates

   

BCI

(Cape index)

BPI

(Panamax index)

BSI

(Supramax index)
INDEX  

1171

+17

1248

-10

814

+2

SPOT TC AVG (USD)

9215

+45

9999

-81

9066

+70

YESTERDAY (USD)

9170

 

10080

 

8996

 
YEAR AGO (USD)

6320

  6450   7287  



 

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

17500

14150

 

4/6 months

14000

10150

1 year

14850

13750

 

1 year

12500

10400

2 years

15750

14000

 

2 years

11100

10400

3 years

15500

14750

 

3 years

11000

11000

5 years

15000

15000

 

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

 

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