• India
  • +91-22-41271324
  • contact@shippingtribune.com

The Shipping Tribune

BREAKING NEWS

Freight Market Scenario

news-details

India-Related Supramax and Panamax Freight Rates Report (June 23)

Supramax Freight Rates:

  1. East Kalimantan to Navlakhi (West Coast India):
    • Estimated rate for a 55,000 mt coal cargo from East Kalimantan to Navlakhi on June 23: $ 19.20/mt, down 35 cents/mt from June 22.
  1. East Kalimantan to Paradip (East Coast India):
    • Estimated rate for a 55,000 mt coal cargo from East Kalimantan to Paradip on June 23: $ 16.60/mt, down 30 cents/mt from June 22.
  1. Persian Gulf to Paradip:
    • Estimated rate for a 50,000 mt limestone cargo from Mina Saqr in the UAE to Paradip on June 23: $ 20.05/mt, down 40 cents/mt from June 22.

          4.   South Africa to Navlakhi:

    • Estimated rate for a 50,000 mt coal cargo from RBCT to Navlakhi on June 23: $ 24.95/mt, up 80 cents/mt from June 22. 

Panamax Freight Rates:

  1. East Australia to Paradip:
    • Estimated rate for a 75,000 mt (plus/minus 10%) metallurgical coal cargo from Hay Point to Paradip on June 23: $ 19.50/mt, down 5 cents/mt from June 22.
  1. Indonesia to Krishnapatnam (East Coast India):
    • Estimated rate for a 75,000 mt (plus/minus 10%) thermal coal cargo from Banjarmasin to Krishnapatnam on June 23: $ 11.00/mt, down 20 cents/mt from June 22.
  1. Indonesia to Dahej  (West Coast India):
    • Estimated rate for a 75,000 mt (plus/minus 10%) thermal coal cargo from Banjarmasin to Dahej on June 23: $ 11.55/mt, down 25 cents/mt from June 22.
  1. South Africa to Paradip:
    • Estimated rate for a 75,000 mt (plus/minus 10%) thermal coal cargo from Richards Bay Coal Terminal to Paradip on June 23: $ 19.55/mt, unchanged from June 22.

++++

Asia-Pacific Supramax market freight rates were mostly lower on June 23.

In the Indian Ocean, the South African market remained firm due to a distinct lack of tonnage supply.

On the Indonesia-India coal route, an indicative offer of $21/mt was heard for moving a 55,000 +/- 10% coal from Samarinda to Navlakhi for July 5-14 laycan.

Out of the Indian Ocean, a 50-55,000 mt iron ore pellets from New Mangalore to Jinzhou for June 30-July 2 laycan was heard fixed at $13.60/mt.

A charterer was also heard fixed a 55,000 mt +/-10% limestone and dolomite from Duqm in Oman to Hazira for early July loading dates at $11/mt.

++++

Asia-Pacific Panamax market freight rates were softer on June 23.

Despite a slight pick-up in cargo replenishment, rates remain in charterers' favor as they showed a lack of urgency to conclude fixtures on the day.

Among Australian cargoes, a charterer was heard in the market with a 75,000-mt +/- 10% metallurgical coal from Hay Point to Vizag and Haldia for July 21-30 laycan.

No fresh fixtures were heard on the Indonesia-India coal route on June 23.

Out of South Africa, fixing information remained muted over the day.

(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 

You can share this post!

Related News

Comments

Leave Comments

instagram takipçi satın almak

Tik tok izlenme satın al

instagram takipçi satın almak mı istiyorsunuz ozaman sizlere türkiyenin en güvenilir sitesi olan instagramtakipz.com sitesini öneriyoruz iyi alışverişler diliyoruz.