India-Related Supramax and Panamax Freight Rates Report (Feb 12)

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 Feb 12: $ 10.70/mt, unchanged from Feb. 11.

1. East Kalimantan to Paradip (East Coast India):
   • Estimated rate for a 55,000 mt coal cargo from East Kalimantan to Paradip on Feb 12: $ 09.95/mt, unchanged from Feb. 11.

1. Persian Gulf to Paradip:
   • Estimated rate for a 50,000 mt limestone cargo from Mina Saqr in the UAE to Paradip on Feb 12: $ 11.10/mt,  up 5 cents/mt from Feb. 11.

        4.   South Africa to Navlakhi:

• • Estimated rate for a 50,000 mt coal cargo from RBCT to Navlakhi on Feb 12: $ 17.65/mt,  up 5 cents/mt from Feb. 11.

      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 Feb 12: $ 15.45/mt, up 10 cents/mt from Feb. 11.

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 Feb 12: $ 08.45/mt, up 10 cents/mt from Feb. 11.

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 Feb 12: $ 9.05/mt, up 5 cents/mt from Feb. 11.

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 Feb 12: $ 14.95/mt, up 15 cents/mt from Feb. 11.

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Asia-Pacific Supramax market freight rates were stable to higher on Feb. 12 as sentiment remained steady.

On the Indonesia-India coal route, a 55,000 mt +/- 10% coal from Muara Berau to Navlakhi for Feb-end was heard fixed at about $11/mt.

No fresh fixtures were heard out of the Persian Gulf on Feb. 12.

Out of South Africa, trading information was fairly limited during the day.

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Asia-Pacific Panamax market freight rates trended higher on Feb. 12.

Freight derivative rates fell during Asian trading hours, while bunker prices were mostly steady day over day.

Among Australian cargoes, a charterer was heard in the market with an 80,000 mt +/-10% coal cargo from DBCT to India for March 15-24 laycan.

A 75,000 mt +/- 10% metallurgical coal from Hay Point to Gangavaram for March 5-14 laycan was heard fixed at $17.75/mt.

On the Indonesia-India coal route, a 75,000 mt +/-10% coal from Kaliorang to Magdalla for Feb. 15-21 laycan was heard in the market.

Out of South Africa, an indicative offer of $15/mt was heard for moving a 75,000 mt +/- 10% coal from RBCT to Paradip for H2 March loading dates.

(THIS REPORT IS INTENDED TO BE INFORMATIVE IN NATURE AND THE FIXTURES/FIGURES REPORTED ARE ABOUT & WITHOUT GUARANTEE)