India-Related Supramax and Panamax Freight Rates Report (Apr 09)

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 Apr 09: $ 17.05/mt, down 45 cents/mt from April 8.

1. East Kalimantan to Paradip (East Coast India):
   • Estimated rate for a 55,000 mt coal cargo from East Kalimantan to Paradip on Apr 09: $ 14.80/mt, down 35 cents/mt from April 8.

1. Persian Gulf to Paradip:
   • Estimated rate for a 50,000 mt limestone cargo from Mina Saqr in the UAE to Paradip on Apr 09: $ 15.85/mt,  down 50 cents/mt from April 8.

        4.   South Africa to Navlakhi:

• • Estimated rate for a 50,000 mt coal cargo from RBCT to Navlakhi on Apr 09: $ 27.25/mt,  down 55 cents/mt from April 8.

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 Apr 09: $ 20.95/mt, down 60 cents/mt from April 8.

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 Apr 09: $ 11.50/mt, down 30 cents/mt from April 8.

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 Apr 09: $ 12.65/mt, down 35 cents/mt from April 8.

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 Apr 09: $ 20.00/mt, down $1.20/mt from April 8.

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Asia-Pacific Supramax market freight rates were mostly softer on April 9.

Meanwhile, bunker prices rose after plunging in the previous session.

Trading information was scant on the Indonesia-India coal route on April 9.

Out of the Persian Gulf, a 55,000 mt +/- 10% limestone from Dibba in the UAE to Paradip for April 9-18 laycan was heard in the market.

Out of South Africa, no fresh fixtures were heard during Asian trading hours.

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Asia-Pacific Panamax market freight rates trended lower on April 9. Freight derivative rates trended lower during Asian trading hours, while bunker prices

rose after witnessing a massive downward movement in the previous session.

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 May 10-19 laycan.

A 75,000-mt +/-10% coal from Hay Point to Gangavaram for May 5-14 laycan was also heard to have been fixed at $21.45/mt.

Fixing information was limited on the Indonesia-India coal route on April 9.

Out of South Africa, a 75,000-mt +/-10% coal cargo from RBCT to New Mangalore or Ennore for April 21-30 laycan was heard in the market.

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