India-Related Supramax and Panamax Freight Rates Report (Oct 30)

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 30: $ 23.30/mt, up 5 cents/mt from Oct. 29.

1. East Kalimantan to Paradip (East Coast India):
   • Estimated rate for a 55,000 mt coal cargo from East Kalimantan to Paradip on Oct 30: $ 19.80/mt, up 5 cents/mt from Oct. 29.

1. Persian Gulf to Paradip:
   • Estimated rate for a 50,000 mt limestone cargo from Mina Saqr in the UAE to Paradip on Oct 30: $ 19.35/mt, unchanged from Oct. 29.

          4.   South Africa to Navlakhi:

• • Estimated rate for a 50,000 mt coal cargo from RBCT to Navlakhi on Oct 30: $ 26.55/mt, unchanged from Oct. 29. 

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 30: $ 24.80/mt, down 20 cents/mt from Oct. 29.

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 30: $ 13.45/mt, down 10 cents/mt from Oct. 29.

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 30: $ 14.80/mt, down 15 cents/mt from Oct. 29.

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 30: $ 22.45/mt, up 10 cents/mt from Oct. 29. 

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Asia-Pacific Supramax market freight rates were rangebound on Oct. 30.

On the Indonesia-India coal route, an indicative offer around $20/mt was heard for 55,000 mt +/-10% coal from S.Sumatra to Navlakhi for early/mid-Nov laycan.

Out of the Persian Gulf, fixing information remained fairly muted over the day.

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

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Asia-Pacific Panamax market freight rates were mostly lower on Oct. 30.

Among Australian cargoes, a 75,000-mt +/-10% coal from Haypoint to Paradip for Nov. 15-24 laycan was heard to be fixed at about $23.95/mt.

On the Indonesia-India coal route, trading information was largely scant over the day.

Out of South Africa, an indicative bid of $18/mt heard for moving 75,000 mt +/-10% coal from Richards Bay to Kakinada or Vizag for Dec. 1-10 laycan.

No fresh fixtures were reported on the day.

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Period Fixtures:

Alanood - 2020 - 80618 dwt dely Jiangyin 5/8 Nov - 4/6 months redel worldwide - usd 19,100 - Bluepool

Greco Libero - 2015 - 63323 dwt dely Fangcheng 8 Nov for - min 3 to about 6 months redel worldwide (1st leg to Maldives) - usd 24,000 – Hanson

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