|
India-Related Supramax and Panamax Freight Rates Report (June 2) Supramax Freight Rates:
4. South Africa to Navlakhi:
Panamax Freight Rates:
++++ Asia-Pacific Supramax market freight rates were flat to higher on June 2. Bunker prices, on the other hand, saw a slight upward movement from the previous session. On the Indonesia-India coal route, fixing information was largely muted over the day. Out of the Indian Ocean, a 55,000 mt +/- 10% iron ore from New Mangalore to China for June 4-8 laycan was heard fixed in the sub-$16s/mt. No fresh fixtures were heard out of South Africa on June 2. ++++ Asia-Pacific Panamax market freight rates trended higher on June 2. Freight derivative rates fell during Asian trading hours while bunker prices registered a small upward movement on the day. On the Australia-India coal route, a 75,000 mt +/- 10% metallurgical coal from Hay Point to Vizag for June 21-30 laycan was heard fixed at $27.10/mt. A 75,000 mt (plus/minus 10%) coal cargo from Hay Point to Haldia on east coast India for July 10-19 laycan was also heard to be in the market. No fresh fixtures or inquiries were heard on the Indonesia-India coal route on June 2. Trading information was scant out of South Africa on June 2.
(THIS REPORT IS INTENDED TO BE INFORMATIVE IN NATURE AND THE FIXTURES/FIGURES REPORTED ARE ABOUT & WITHOUT GUARANTEE) |
Tel: +91 22 2421 0505 / Fax: +91 22 2423 1703 (all@saigalseatrade.com)
All business is conducted in accordance with our terms and conditions which can be viewed on our website: www.saigalseatrade.com
The information contained in this electronic message and any attachments to this message are intended for the exclusive use of the addressee(s)
and may contain proprietary, confidential or privileged information. If you are not the intended recipient, you should not disseminate, distribute
or copy this e-mail. Please notify the sender immediately and destroy all copies of this message and any attachments contained in it.
#theshippingtribune #latestnews #shippingnews #dailynews #Maritimenews #shippingindustry #news #media #newsupdate #maritime #shippingnewsworldwide
#theshippingtribune #latestnews #shippingnews #dailynews #Maritimenews #shippingindustry #news #media #newsupdate #maritime #shippingnewsworldwide
Comments