India-Related Supramax and Panamax Freight Rates Report (Dec 15)

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 Dec 15: $ 12.60/mt, up 5 cents/mt from Dec. 12.

1. East Kalimantan to Paradip (East Coast India):
   • Estimated rate for a 55,000 mt coal cargo from East Kalimantan to Paradip on Dec 15: $ 11.65/mt, up 5 cents/mt from Dec. 12.

1. Persian Gulf to Paradip:
   • Estimated rate for a 50,000 mt limestone cargo from Mina Saqr in the UAE to Paradip on Dec 15: $ 12.35/mt, unchanged from Dec. 12.

        4.   South Africa to Navlakhi:

• • Estimated rate for a 50,000 mt coal cargo from RBCT to Navlakhi on Dec 15: $ 19.35/mt,  up 5 cents/mt from Dec. 12.

      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 Dec 15: $ 14.30/mt, down 80 cents/mt from Dec. 12.

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 Dec 15: $ 8.50/mt, down 30 cents/mt from Dec. 12.

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 Dec 15: $ 9.05/mt, down 40 cents/mt from Dec. 12.

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 Dec 15: $ 14.65/mt, down 25 cents/mt from Dec. 12.

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Asia-Pacific regional Supramax market freight rates were rangebound in both the Pacific and the Indian Ocean regions on Dec. 15.

Pacific region trading was subdued. Indian Ocean demand and supply dynamics remained more balanced, however, trading activity was thin on the day.

On the Indonesia-India coal route, no fresh fixtures were heard on the day.

Out of the Persian Gulf, no fresh fixtures were heard on Dec. 15.

Trading information was limited out of South Africa on Dec. 15.

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Asia-Pacific regional Panamax market freight rates declined on Dec. 15, with lower fixture levels heard on the Australia to India coal route.

Out of Australia, a charterer was heard fixed a 75,000 mt +/- 10% coal from Haypoint to Paradip for Jan. 1-10 laycan at about high $13s/mt.

Another charterer was also heard to be in the market with a 75,000 mt +/- 10% coal  from Haypoint to Paradip for Jan. 15-24 laycan.

No fresh fixtures were heard on the Indonesia-India coal route on Dec. 15.

Out of South Africa, fixing information remained fairly muted during Asian trading hours.

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

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