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Sunday, 01 March 15
BDI INDEX SLIGHTLY UP CAUSED AN INCREASE IN THE PANAMAX, SUPARAMAX AND HANDY SIZE INDICES
 COALspot.com: The freight market saw some gains this week and BDI was up 5.26 pct closed at 540 points. However the Cape index failed to follow BDI trend and down 3.87 pct to 521 points week on week. In the meantime, Panamax and Supramax indices were up and closed at 540 points (up 5.06 pct) and 515 points (up 7.29 pct) respectively. The handy size index saw bigger gains compared to her big sisters or rose 14.07 pct week over week 308 points.
In the Feast/SE Asia the freight rates were steady and the supramax charter rates (delivery Singapore) were around US$ 6,000-7,000 per day for a trip via Indonesia to India.
Panamax charter rates were also show a steady trend and ships delivery Indonesia was reported fixed around US$ 5,000-6,000 per day for a trip to India. Freight rates are expected to be steady/firm on supramax vessels and panamax vessels coming days.
The average Cape charter rate was reported at US$ 4,339 per day, Panamax at US$ 4,319 per day, Supramax at around US$ 5,389 per day and Handy size at around US$ 4,527 per day.
The futures for three years (2015-2017) were e [ported at around US$ 14,000 per day for the Cape, US$ 9,000 per day for Panamax, US$ 9,000 per day for Supramax and US$ 7500 per day for Handysize.
The route S8 route for supramax charter rates were rising 4.62 pct week over week and closed at US$ 4,506 per day (last week US$ 4307 per day). Freight rates from Indonesia to India is expected to be steady/firm.
The Brent crude oil prices was up by 3.92 pct closing at US$ 62.58 per barrel (last week US$ 60.22 per barrel). The bunker prices was steady closing at 360.00 pmt (IFO 380 cst ex Singapore on 27th Feb 2015).
Baltic Dry Index (BDI) - UP
Cape index (BCI) - DOWN
Panamax index (BPI) - UP
Supramax index (BSI) - UP
Handy index - | |
