Asia-Pacific Panamax Dry Bulk         

Asia-Pacific Panamax freight rates continued to weak on June 1.
 
Enquiries understood fixed

• Al General Metals - 75,000-mt 10% - coal (June 10-13) - Nacala  to Vizag - at about usd 10.25/mt.

Freight perceived to be

• 75,000 mt 10% - Coal - Kalimantan to Krishnapatnam - at about usd 8.30/mt and to Dahej at about usd 8.90/mt.

• 75,000 mt 10% - Coal - Richards Bay Coal Terminal to Krishnapatnam - at about usd 13.10/mt.

• 75,000 mt 10% - metallurgical coal - Hay Point to Paradip - at about usd 12.95/mt and to Qingdao at about usd 11.75/mt.

ASIA-PACIFIC SUPRAMAX DRY BULK         

Asia-Pacific Supramax freight rates extended losses on June 1.

Enquiries understood in market

• Holcim Shipping - 50,000 mt 10% - clinker (June 15-21) - Karachi  to Mesaieed

Enquiries understood fixed

• SMC - 60,000 mt 3% - manganese ore (June 1-4) - Coega to Tianjin - at about usd 20.25/mt.

• Xiangyu - 43,000 mt 5% - coal (June 12-15) - Bunati to Yangzhou Guoxin.

Freight perceived to be

• 55,000 mt 10% - Coal - East Kalimantan to Paradip - at about usd 10.40/mt and to Navlakhi - at about usd 11.25/mt.

• 50,000 mt 10% - Coal - RBCT, S. Africa to Navlakhi - at about usd 20.35/mt. 

• 50,000-mt 10% - limestone - Mina Saqr to Paradip - at about usd 12.25/mt.

CAPESIZE DRY BULK

Capesize freight rates were dropped on June 1.

Enquiries understood in market

• Vale - 170,000 mt 10% - iron ore (June 22-30) - Tubarao to Qingdao.

• BHP - 160,000 mt 10% - iron ore (June 17-19) - Port Hedland to Qingdao.

• Rio Tinto - 170,000 mt 10% - iron ore (June 18-20) - Port Dampier  to Qingdao.

Freight perceived to be

• Capesize vessel - iron ore - Port Hedland to Qingdao - at about usd 7.45/wmt.

• Capesize vessel - iron ore - Tubarao to Qingdao - at about usd 18.35/wmt.

• Capesize vessel - iron ore - Saldanha Bay to Qingdao - at about usd 14.10/wmt.

Handymax/Handysize Dry Bulk

Pacific Handysize activity was thin on June 1.

Enquiries understood in market

• Raffles Shipping - 30,000 mt 10% - sorghum (SH July dates) - Brisbane and Gladstone to Nantong or Shanghai.

Freight perceived to be

• 30,000 mt - Alumina - Gladstone to Lianyungang - at about usd 21.60/mt and from Bunbury/Kwinana to Lianyungang at about usd 21.00/mt. 

                                              BFA BALTIC INDEX

PANAMAX INDEX                           CAPE INDEX                 SUPRAMAX INDEX

Period        Value    Change      Period       Value      Change      Period        Value     Change

July (23)   11118    +89        July (23)    14650       +371       July (23)      9900     +50
Aug (23)   12332    +175      Aug (23)    16614       +471       Aug (23)     11438    +421
Q3  (23)    12207   +133      Q3 (23)      16293       +474       Q3  (23)      11065    +304
Q4  (23)    12522   +257      Q4 (23)      16686       +382       Q4  (23)      11396    +425