India-Related Supramax and Panamax Freight Rates Report (Oct 05)

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 Oct 05: $ 21.75/mt, down 10 cents/mt from Oct. 2.

1. East Kalimantan to Paradip (East Coast India):
   • Estimated rate for a 55,000 mt coal cargo from East Kalimantan to Paradip on Oct 05: $ 18.55/mt, up 15 cents/mt from Oct. 2.

1. Persian Gulf to Paradip:
   • Estimated rate for a 50,000 mt limestone cargo from Mina Saqr in the UAE to Paradip on Oct 05: $ 19.10/mt, down 15 cents/mt from Oct. 2.

          4.   South Africa to Navlakhi:

• • Estimated rate for a 50,000 mt coal cargo from RBCT to Navlakhi on Oct 05: $ 25.95/mt, down 10 cents/mt from Oct. 2. 

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 Oct 05: $ 23.75/mt, down 10 cents/mt from Oct. 2.

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 Oct 05: $ 12.95/mt, down 5 cents/mt from Oct. 2.

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 Oct 05: $ 14.15/mt, down 5 cents/mt from Oct. 2.

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 Oct 05: $ 22.00/mt, down 10 cents/mt from Oct. 2. 

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Asia-Pacific Supramax freight market rates trended lower on Oct. 5.

On the Indonesia-India coal route, an indicative offer of $24.50/mt was heard for 55,000-mt +/- 10% coal cargo from Muara Berau to Magdalla for an Oct. 15-19 laycan.

In the Persian Gulf, fixing information was largely scarce on the day.

No fresh fixtures were heard from South Africa during Asian trading hours.

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Asia-Pacific Panamax market freight rates fell on Oct. 5.

Freight derivative rates also trended lower during Asian trading hours.

Among Australian cargoes, a 75,000-mt +/-10% metallurgical coal from Gladstone to Vizag and Haldia for Nov. 5-14 laycan was heard in the market.

A 75,000-mt +/-10% metallurgical coal from Hay Point to Paradip for Oct. 20-29 laycan was also heard in the market.

No fresh fixtures or inquiries were heard on the Indonesia-India coal route on Oct. 5.

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

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