India-Related Supramax and Panamax Freight Rates Report (Feb 19)

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 19: $ 11.05/mt, up 40 cents/mt from Feb. 16.

1. East Kalimantan to Paradip (East Coast India):
   • Estimated rate for a 55,000 mt coal cargo from East Kalimantan to Paradip on Feb 19: $ 10.20/mt, up 30 cents/mt from Feb. 16.

1. Persian Gulf to Paradip:
   • Estimated rate for a 50,000 mt limestone cargo from Mina Saqr in the UAE to Paradip on Feb 19: $ 11.05/mt,  up 10 cents/mt from Feb. 16.

        4.   South Africa to Navlakhi:

• • Estimated rate for a 50,000 mt coal cargo from RBCT to Navlakhi on Feb 19: $ 17.75/mt,  up 15 cents/mt from Feb. 16.

      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 19: $ 15.65/mt, up 20 cents/mt from Feb. 16.

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 19: $ 09.45/mt, up $1/mt from Feb. 16.

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 19: $ 10.20/mt, up $1.15/mt from Feb. 16.

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 19: $ 15.40/mt, up 35 cents/mt from Feb. 16.

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Asia-Pacific Supramax freight rates rose on Feb. 19 as tonnage supply was relatively constrained amid holidays in several regions.

Meanwhile, bunker prices increased during the session.

On the Indonesia-India coal route, a charterer was heard fixed a 55,000 mt +/- 10% coal from East Kalimantan to Navlakhi for end-Feb dates at $12/mt.

Out of the Indian Ocean, a 55,000 mt +/- 10% iron ore fines from Krishnapatnam to China was heard fixed for end-February loading dates at $10.20/mt.

No fresh fixtures were reported out of the Persian Gulf on Feb. 19.

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Asia-Pacific Panamax freight rates were higher on Feb. 19, as the market outlook remained positive in the Pacific basin, especially in the Australian

market, amid healthy tonnage demand for early March loading dates.

Freight derivative rates rose during Asian trading hours, while bunker prices saw a significant upward movement on the day.

Out of Australia, a charterer was heard in the market with a 75,000 mt +/- 10% coal from Hay Point to Paradip for March 5-14 laycan.

No fresh fixtures were heard on the Indonesia-India coal route Feb. 19.

Out of the Indian Ocean, a 75,000 mt +/- 10% limestone from Mina Saqr to Gopalpur for March 2-6 laycan was also heard to be in the market.

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